How to setup a Syndicate Masternode (SYNX Masternodes) - 122% ROI Today!

in #syndicate7 years ago (edited)

Here ill show you how to setup a Syndicate Masternode on a Ubuntu VPS Setup.

Things Needed:
VPS From Vultr (5$ Vps perfect . You can add more than 1 masternode on there. (Not the same masternode tho) ) : https://goo.gl/mxcb24

5000 Tokens from Cryptopia : https://goo.gl/auqctL

Once you have created and launched your masternode VPS, login as root and create a new user:
( also remember to do your security updates and make use of RSA ssh keys. ( will do a video on all of this )

Desktop Prep

Download the wallet
Start and Close the wallet. (creates the folder structure)
Download Syndicate_blockchain_2017_09_28.zip bootstrap file. mirror1 older chain https://goo.gl/s5xH12
Extract the zip file to %appdata%/Syndicate/ folder. Override existing files!

Add the following content to the %appdata%/Syndicate/Syndicate.conf file or use this file that contains 110 active nodes.

addnode=45.32.224.137:9999
addnode=149.56.183.161:9999
addnode=45.76.34.135:9999
addnode=104.238.184.213:9999
addnode=158.69.221.184:9999
addnode=45.76.140.201:9999
addnode=45.32.93.20:9999
addnode=45.76.46.76:9999
addnode=108.61.252.19:9999
Delete %appdata%/Syndicate/peers.dat file.

Start the wallet and wait for the sync. (30min to 10h depending on the number of the connections)

VPS Setup
Step 1
Run these commands:

adduser newUsername
usermod -aG sudo newUsername

Step 2:
Run these commands to make a swapfile (for small VPS) :

sudo dd if=/dev/zero of=/var/swap.img bs=1024k count=1000
sudo mkswap /var/swap.img
sudo swapon /var/swap.img

Run free again to confirm you now have a swapfile. Note: If you chose a different server
option from Vultr, with less RAM, you’ll need a LARGER swapfile, i.e. set the count
parameter to something larger like 2048, 4096 etc. If the compilation steps fails partway
through this is usually the reason.

To make the swap file persist when the server is rebooted:

sudo chmod 0600 /var/swap.img
sudo chown root:root /var/swap.img
sudo nano /etc/fstab

Append the following line to the end of the file:

/var/swap.img none swap sw 0 0

Save the file and exit

Step 3: Firewall ( can do this step at anytime )

sudo ufw allow OpenSSH
sudo ufw allow 9999
sudo ufw allow ssh/tcp
sudo ufw limit ssh/tcp
sudo ufw default deny incoming
sudo ufw default allow outgoing
sudo ufw enable

Step 4 Download the script and execute it.
sudo wget https://github.com/SyndicateLabs/SyndicateQT/releases/download/v1.0.0.7/SYNX_HEADLESS_UBUNTU_V1.sh
sudo chmod +x SYNX_HEADLESS_UBUNTU_V1.sh
sudo ./SYNX_HEADLESS_UBUNTU_V1.sh

Step 5 Edit the “syndicate.conf” file on the masternode vps server.
sudo nano ~/.Syndicate/Syndicate.conf

Step 6
Paste this into it and adjust the values to your values. (masternodeprivkey is the value you got from “masternode genkey” in debug window)

rpcuser=YOURRPCUSERNAME
rpcpassword=YOURRPCPASSWORD
rpcallowip=127.0.0.1
server=1
listen=1
daemon=1
masternode=1
logtimestamps=1
maxconnections=256
masternodeprivkey=YOURMASTERNODEPRIVKEY

Step 7
Download “peers.dat” file & replace it with the current “peers.dat”.

sudo wget http://97.78.71.74/peers.dat --no-check-certificate
sudo mv peers.dat ~/.Syndicate/peers.dat

Now restart Syndicated

sudo Syndicated stop
sudo Syndicated

Check info
sudo Syndicated getinfo

Last Step:
On the local Computer, go to “%appdata%/Syndicate/Syndicate.conf” and add these 2 lines with your values. (You set rpcuser & rpcpassword on the vps)

rpcuser=YOURRPCUSERNAME
rpcpassword=YOURRPCPASSWORD

Then
Open Syndicate Wallet on local Computer and go to “masternodes” tab.
Click “Create..” and input all the values. The last 3 values are the ones you stored in the “masternode.txt” file.

MN1 = Masternode alias
123:220.42.69:9999 = IP address & port of remote ubuntu masternode vps
YOURMASTERNODEPRIVKEY = output of “masternode genkey” command
YOURSYNXTXID = 1. value of output of “masternode outputs” command
0 = 2. value of output from “masternode outputs” command in debug window

Now click “Start” and the Masternode should start successfully!

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Cliff, I just tried your guide on setting up the MonacoCoin masternode, and I get the following error when I try run the software.
./monacoCoind: error while loading shared libraries: libboost_filesystem.so.1.54.0: cannot open shared object file: No such file or directory
One person said that running on Ubuntu 16.04 is the problem. What Version are you running the simultaneous (You mention 4/ VPS) masternodes on. I wish you could do a live stream or something because I'm not the only one with several questions on setting up more masternodes. I watched your vide on setting up ARC, there you used Ubuntu 16.04; you did not mention anything in that video about setting up the local wallet settings either. Anyway, I really need help with the errors and I don't know how to revert my OS on the VPS; can I just destroy the server and start all over again on Ubuntu 14.04?

Sounds like you need to export the correct path to that Lib directory! I had the same error on another machine. Try this. sudo ln -s /usr/lib/x86_64-linux-gnu/libboost_system.so.1.58.0 /usr/lib/x86_64-linux-gnu/libboost_system.so.1.54.0

That should solve it

You can also back up the wallet.dat and install 14.04 if you want.

Hi Cliff, have you ever set up someones VPS for a fee? Total Newby here, I dont think I could figure this out alone, if so what would you charge?
Also wondering what you look at when picking a coin to Purchase for a Master Node, I was looking at market Cap of $1M+, Volume of 100k+, coin has been around for 12-24 months+, ROI of 50%+. Do you agree with any of this? Also I notice on MASTERNODES ONLINE they may show 49% ROI like on COPICO, but when you look at the daily/weekly/monthly payout it is much higher...so which payout do you go with? I assume the ROI changes and that is not a guarenteed return?
Thanks
Dave

Join https://www.cryptocrib.net for help on the topic. I can assist better from there.

Greetings Cliff. Long-time follower of your YouTube channel and love the content you provide. The steemit post are a very nice addition. I found this post very helpful and appreciate the effort you put in to assist the community.
I have an unrelated question if I may. What crypto wallet would you suggest I use on a cell phone? A hardware wallet like a nano-s would be overkill in my opinion given the small amount of coins that I own. I would appreciate your thoughts on this.
Thank you and keep up the good work mate.

On masternode tab my masternode is disappearing when I restart the wallet.. what can I do ?

What kind of computer specs do you need for a masternode? Can I run it on a Lenovo Yoga Pro 2 laptop? With a VPS do you still need to do all the below steps?

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