Steps to Setup Masternode on XinFin MainNet.¶
Setup a Masternode with XinFin MainNet in 8 Simple Steps
Step 1: Host the Masternode either by downloading the One-Click Installer (recommended) or by using a Docker Compose file.
Download the One-Click Installer (Recommended),
Setup Masternode using Docker Compose.
Step 2: Once downloaded, run the One-Click Installer on the server.
On successful installation, you will get the Coinbase address as shown below.
Step 3: View the active node at stats page.
Step 4: Create a new account address from the XinFin wallet. An exclusive address will be generated.The new address generated would contain the balance required to propose the Masternode.
Step 5: Log in to the Masternode app using the private key.
Step 6: Become a candidate and upload the Know Your Community (KYC) certificate in PDF format.
This KYC certificate needs to be signed by one of the following personnel: - Company Secretary,
A Notary Public,
A lawyer with Seal.
Note: It’s mandatory to upload the certificate in a PDF format.
Step 7: Once the KYC is uploaded, enter the Coinbase address and lock 10 million XDC tokens before running the Masternode.
Step 8: The proposed node will be added to the Masternode randomly through the Round-Robin method. On successful addition to the Masternode, the reward will be sent to the assigned XinFin Wallet.