How to setup a SmartCash Masternode (SMART Masternodes) – SmartNodes

smartcash masternode setup

Guide / Tutorial on how to setup a remote SmartCash Masternode (SmartNode) to earn passive crypto income.

Prerequisites:

  • Ubuntu VPS from VULTR (cheapest VPS is enough)
  • SmartCash Wallet on local Computer

Definitions:
Controllers Wallet = Wallet on local Computer
Masternode Wallet = Wallet on remote VPS Server

SmartCash Controllers Wallet Setup

First, open SmartCash Wallet and go to “debug window”.

smartcash wallet setup
In this debug window, go to “Console” and type in “smartnode genkey”. Save the output to a text file called “masternode.txt”.

smartnode masternode

Now create a “new Address” called “Masternode1”.

smartcash masternode setup

Then, go to tab “send” and send EXACTLY 10,000 SMART to your  Masternode1 address. Wait for 15 Confirmations.

Open the debug window again and type in “smartnode outputs”. Save both values in the masternode.txt file.

Ubuntu VPS Setup

If you don’t have a VPS already, get the 1GB Ram VPS from Vultr:  Rent VPS

Install Ubuntu OS onto it.

Connect to your Ubuntu VPS via SSH and update & upgrade the server first.

apt-get update
apt-get upgrade

Additional Swap Space to improve stability

fallocate -l 3G /swapfile
chmod 600 /swapfile
mkswap /swapfile
swapon /swapfile
echo -e "/swapfile none swap sw 0 0 \n" >> /etc/fstab

SmartCash Masternode Setup

First we download the automatic Installer Script for SmartNode.

wget https://raw.githubusercontent.com/SmartCash/smartnode/master/install.sh

Now we need to execute the script.

bash ./install.sh

Follow the Script now. First you have to set a custom SSH port (222 for example) and input your “SmartNode GenKey” which we generated earlier.

The script will download and install a bunch of requirements for SmartNodes. When it is done, it will reboot the server. Now it will take a moment to reload the server.

You are done with the install but you still need to activate it. Once the server reboots it will automatically start up the SmartNode wallet and sync the blockchain.

Finally, lets make sure the SmartCash daemon is running and check the status.

smartcash-cli getinfo

smartcash-cli smartnode status

Final SmartCash Masternode Setup Step

Back on the local Computer, go to / create “%appdata%/Smartcash/smartcash.conf” and add these 2 lines with your values. (You set rpcuser & rpcpassword on the vps)

rpcuser=YOURRPCUSERNAME
rpcpassword=YOURRPCPASSWORD

On the local computer, open “%appdata%/Smartcash/smartnode.conf“.

Now add the following Lines at the end of the file.

MasterNode1 123.220.42.69:7777 7ReM9fPXWrXq7x99QdhVt2WZWh7gNvpcpybpWkcfZ2Vjtymc9cH 2bcd3c84c84f87eaa86e4e56834c92927a07f9e18718810b92e0d0324456a67c 0

MasterNode1 = Masternode alias
123:220.42.69:7777 = IP address & port of remote ubuntu masternode vps
7ReM9fPXWrXq7x99QdhVt2WZWh7gNvpcpybpWkcfZ2Vjtymc9cH = output of “smartnode genkey” command
2bcd3c84c84f87eaa86e4e56834c92927a07f9e18718810b92e0d0324456a67c = 1. value of output of “masternode outputs” command
0 = 2. value of output from “masternode outputs” command in debug window

Now navigate to the SmartNodes Tab in your Wallet and click “Start” and the Masternode should start successfully!

I hope i could help you on how to setup a SmartCash Masternode aka SmartNode! 🙂
If questions, please comment below 🙂

 

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About the Author: n1njawtf

Serial Crypto Entrepreneur with a variety of Crypto related Websites. Passive Income, Lead Generation & Investing is my passion. My name is Markus Fleischli, I am 19 years old and currently living in Switzerland. Coming from an IT Background, I discovered Bitcoin in 2014. Bitcoin and Altcoin Investor since then. Operator of multiple Cryptocurrency Masternodes.

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