Topic: [ANN] Guncoin(GUN) - New GUN Core V2.0 Released - Masternodes are HERE! - page 7. (Read 187710 times)

The documents required by juridical office to form a legal opinion on this coin are now at my desk awaiting my glance. Once I have read the papers and written a legal letter we can push guncoin for listing on Zimbabwean exchange. That will be a huge move forward. U boys should be thankful because without my assistance u would have been forced to deal with this none-listing problem for another couple of years.

We have about 200 blocks to go until the hard fork where masternodes will kick in.  We have already passed the point where anyone NOT running V2.0.0 is disconnected (if that is the case - upgrade to V2.0.0 immediately please). We note that our hashrate dropped off quite a bit, so we know not all the pools have upgraded yet.  For our pools out there, please note the following......

https://github.com/guncoin/guncoin/blob/master/src/rpc/mining.cpp#L685

That's the masternode and developer additions, those must be added to the coinbase on blocks after the fork if they are present in getblocktemplate.

Fresh install of v2.0.0.0 client doesn't sync.

edit: never mind, vps was out of memory

Something's not working ... I'm not sure what or how ...

This is how I started in the VPS, using the files from the github, binaries:


I haven't tried the former instructions (which you needed to compile and generate the address on the node itself.) I'm trying to do a cold wallet setup that has worked for other altcoin masternodes.

Daemon runs fine, so you have a guncoin full node version 2.0.0 running, but I can't get my local (desktop) wallet to start it. I keep getting that "Could not allocate outpoint" error.

Maybe someone else can figure it out.

Newer addresses should be fine for a masternode.  So again, just a heads up to all that the hard fork for GUN Core V2.0.0 will occur in a few days.  It is important that everyone switch over to V2.0.0 whether you are running a masternode or not as soon as possible.  It has been running stable now for several weeks with zero issues we are happy to say.

Does the address have to be legacy? I used a native segwit address.

masternode start-alias mn01

{
  "alias": "mn01",
  "result": "failed",
  "errorMessage": "Could not allocate outpoint xxxxx:0 for masternode xxx.xxx.xxx.xxx:42954"
}

I guess I'll try something later. The node itself is still syncing.

Excellent - thanks - the more the merrier.

Updated my wallet to Gun Version v2.0.0.0.

thepool.life has been updated, wallet will be back online after reindex is complete.

We are pleased to announce the release of GUN Core V2.0 - This includes GUN Masternodes.  For now, please get everything from our GitHub site and we will be updating websites, this OP and social media over the next few days.   This is a mandatory hard fork that will be triggered in less than 2 weeks.  Please upgrade immediately if possible - https://github.com/guncoin/guncoin/releases/tag/v2.0.0.

There are basic masternode setup instructions on Github - a more detailed version will appear on the website within a few days.

Our masternodes have remained stable and up for 10 days now, there are two other nodes on the network besides ones that we set up for testing purposes - no issues with any of them. When the final binaries are released I expect to see more.  We have mad a few minor tweaks this week, but so far everything is looking very good.

OK, our 2 week test period on V2.0 is almost complete and everything seems to be running well.  We see at least 8 users running GUN V2.0 and we know over half of those are GUN Masternodes.  Of course, they are not paying out just yet, but that will happen very soon.  So if you do not have your 200K GUN ready to go, better get it ready.  GUN Masternodes will be a functional and operational reality very shortly.

https://www.setupmasternodes.com/ref/guncoininfo/

Any update on hosting providers that was mentioned a few days back?

We are starting the rollout today for GUN V2.0 final testing and all can help out.   It will take us a while to get the website and all our social media updated this weekend.  You can find details on our Telegram and Discord channels to start with......

https://docs.google.com/document/d/13Mk-S9m8IB1FvCFaB6mP5slJtsSxzAV4ZcRMzAm7RUE/edit

Vultr is another cheap option for a VPS for your GUN masternode.  

https://www.vultr.com/?ref=8153109

Thanks for the update.

I just need 87K more for my MN, trying to get them over the next couple of days


Also in anticipation of the new code source being released, Ive topped up the balance of our pools faucet at

https://thepool.life/site/faucet?id=1493

So come collect some FREE GUN coin.

OK, our initial Masternode release for Guncoin is now just a few days away.  We are actually in process of setting up a few for final testing today. I wanted to refresh everyone on what to expect in terms of the requirements and features for GUN V2.0.

Masternodes will be paid by the Guncoin network for the PrivateSend, InstantSend and governance services that they provide to the Guncoin Network. 47.5% of the block reward will be paid out to the Masternodes, 47.5% to the Proof of Work miners and 5% to a developers’ fund that may be used for Guncoin upgrades/enhancements or donations to specific Second Amendment related organizations. 

In practice, half of the reward from a normal block will go to the PoW miner and half to the Masternode.  Masternodes are selected for payment in each block (approximately every 2 minutes) from the Masternode list, and moved to the back of the list after payment. As more Masternodes are created, the duration between payments increases.  If the collateral behind a Masternode is spent, or if a Masternode stops providing services to the Guncoin Network for more than an hour, it is removed from the list until normal service resumes. In this way, Masternodes are given incentive to provide efficient and reliable services to the network.

Guncoin Masternode Requirements¶
• 200,000 GUN: Guncoin can be obtained from exchanges such as SouthXchange, Enmanet and Nova Exchange.
• Server or VPS (Linux): Most recent guides use Ubuntu 18.04 LTS. We recommend VPS services such as Vultr and DigitalOcean, although any decent provider will do.
• Dedicated IP address: These usually come with the VPS/server.
• Optionally, there are Masternode service providers who will setup and maintain your Guncoin Masternode for a monthly fee. We will provide some links to these soon.

In addition to the 200,000 GUN held in collateral, Masternodes also have minimum hardware requirements. As of the current version, these requirements are as follows:
    Minimum / Recommended
CPU:    1x 1 GHz / 1x 2 GHz
RAM:   2 GB / 4 GB
Disk:    20 GB / 40 GB
Network:   400 GB/month / 1 TB/month

Understand and agree.  Right now, we tentative plan to release on or about next Friday - June 7.  Everything seems to be running well now, just cleaning up a few minor bugs as they show up and making sure all is stable for our first Masternode release.

Good things take time, and am very glad to see GUN moving ahead.
Looking forward to an insta-send type option.