How to set up a Paxex Masternode - Earn a Passive Crypto Income from BTC using Paxex
THIS IS NOT INVESTMENT ADVICE
When looking for projects to put our earned BTC into, we want projects with active Dev(s), positive community, and a working product.
Paxex meets these requirements and in my opinion is a crypto project worth believing in because it does have a working product (paxexlive.com) and positive devs.
Paxexlive.com is a blockchain based social media platform that will allow its users to earn coins by posting content while paying content creators with "valuable" likes worth actual Paxex coins.
Plus I believe decentralized social media platforms like Paxexlive (not to mention bit.tube and steemit) are the future of the internet (along with sites like Bit.Tube and Steemit.com).
Stay tuned for our next video where we will show and tell all about the Paxex project and the social media platform in detail.
Go download your own official Paxex wallet for a chance to win some Paxex!
Download the Paxex wallet, here:
https://paxexcoin.com/web/home
Get your free $100 VPS credit, here. you can host your masternode here:
https://m.do.co/c/67b15b93ecf0
(If you are having trouble getting your wallet to sync, please open wallet config file and add:
addnode=140.82.59.18
addnode=45.77.230.248
addnode=95.179.195.50
addnode=45.77.231.88
addnode=95.179.197.85
addnode=173.149.60.152
addnode=207.246.87.195.4133
Save the wallet config file then restart your wallet.)
Follow these steps EXACTLY in order to set up your masternode.
Please, copy and paste these lines into your VPS console, 1 by 1:
This guide takes place AFTER we have sent ourselves a transaction to our wallet of EXACTLY 5000 Paxex, not a satoshi more or a satoshi less.
If you are sending yourself your first Paxex from an exchange then you need to remember to include the fee in your transaction of 5000 Paxex coins.
For example, if we were sending the coins from http://graviex.net, then we would send exactly 5000.002 Paxex to your wallet before you begin in order to cover the transaction fee.
prepare your VPS - Ubuntu 16.04 - 64 Bit
Login to your vps
Type the following commands, one line at a time:
wget http://bit.ly/2PW8Dxw
chmod +x 2PW8Dxw
./2PW8Dxw
Choose Y for first installation for installing dependencies package
nb : you can choose N if you already install it beforeChoose Y for install daemon .
Insert your masternode genkey and enter
"paxchange server started"Type this command.
paxchange-cli getinfo
Wait for 5 mins for vps wallet to sync.
Type command again and crosscheck with main explorer for current block
- Go To your windows wallet , Tool Open Masternode configuration and add this format line (there should be an example in your config file, already):
MN1 VPSIP : PORT GENKEY OUTPUTS INDEX
MN1 : alias name
yourvps ip : you should know it
port : 4134
genkey : from masternode genkey
outputs and index : from
masternode outputs
after you've sent the 5000 Paxex send collateral to yourself in your wallet.
Example template: mn1 127.0.0.2:4133 93HaYBVUCYjEMeeH1Y4sBGLALQZE1Yc1K64xiqgX37tGBDQL8Xg 2bcd3c84c84f87eaa86e4e56834c92927a07f9e18718810b92e0d0324456a67c 0
- restart wallet after do config , wait 16 confirmation and type
startmasternode alias false MN1
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