I never made master node and I want to start

crypt0.r3negades

copper member

Activity: 112

Merit: 0

► Democratize Crypto Advertising & Marketin

Quote from: almirfiorio on November 09, 2018, 08:31:33 AM

Dear Friends

I never made master node and I want to start

How do I get started?

what currencies are available to use?

Can I use my amazon aws to do masternode?

Are there any tutorials Huh

?

Thanks
Almir

I never made master node and I want to start

How do I get started?
* You should refer your concerns online and search for a good and possible masternode. But be wary because most of the masternodes are just a pure another scam.

what currencies are available to use?
*By mean of currency, it is their own token that can be used as a masternode.

Can I use my amazon aws to do masternode?
*Yes certainly you can. I also tried to use amazon aws for making masternodes functional, and I have no issues with it.

Are there any tutorials Huh

?
*You can find more in these tutorials by visiting youtube site. Thank you

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: charlie137 on November 11, 2018, 03:18:13 AM

just like with any other project - always check the source code. majority not bothering, and losing everything. you wouldn't cross the road with our eyes closed, right?

Very important to remember, you need to be more observant and notto be move by someone but learning steps by steps even it would take a long drive but it is more fruitful when you learned it in a proper ways, researching and have a deep study about the project/coin that you are eyeing then make sure that you have a full knowledge before placing your money.

kurbeks

sr. member

Activity: 1078

Merit: 255

Try smartcash ANN thread or their discord if they have one.

almirfiorio

sr. member

Activity: 312

Merit: 250

Quote from: charlie137 on November 09, 2018, 09:25:26 PM

your masternode machines on aws (vps) should be on linux (ubuntu18 right now is most common selection i think, or debian/redhat/cent/etc), but control wallet could be running on any platform. some projects also have mn support in light clients (like https://github.com/AXErunners/electrum-axe), so you don't need to have full blockchain copy on control machine

Im have a VPS on amaxzon

you have any tutorial to configure masternode of smartcash in ubuntu?

Thanks
Almir

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

just like with any other project - always check the source code. majority not bothering, and losing everything. you wouldn't cross the road with our eyes closed, right?

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

Masernodes are a good opportunity to start earning a passive income, but you need to pick a coin that has some great potential to deliver enough traffic to give you a regular stream of coins or good growth potential. I have taken a gamble with a new coin launching this year but it is supporting a real product and has excellent tx potential going forward.

You probably need to run a VMS like Amazon, Ali or several others out there too chose from so factor your rental costs into the earnings calculations as it needs to be there 24/7

starblocks

hero member

Activity: 1344

Merit: 502

Lots of masternodes are copies of other projects code bases and won't offer much in terms of liquidity or ROI % once all the hype wears off but there are some that might offer good potential as a long term investment like Helium (HLM) but do of course research each one thoroughly

emiloprea

newbie

Activity: 2

Merit: 0

There are some coins which can bring you profit, but not all coins are ok, so best research before because is better to seehow long project run to be sure is not a scam

tonyja2017

member

Activity: 532

Merit: 10

Quote from: almirfiorio on November 09, 2018, 08:31:33 AM

Dear Friends

I never made master node and I want to start

How do I get started?

what currencies are available to use?

Can I use my amazon aws to do masternode?

Are there any tutorials Huh

?

Thanks
Almir

masternood is not a safe game. There are many people who commit suicide because of this game. It's a simple game and you do not have to analyze too much, just bet, place the time and start observing. It is a gambling game that you do not know. You will go bankrupt soon if you continue to participate in this game.

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

Quote from: almirfiorio on November 10, 2018, 02:28:06 PM

Quote from: kurbeks on November 10, 2018, 04:27:12 AM

Depends on coin. Most of super high ROI MN coins will just get value devaluted because of high infaltion. Same as with high PoS. You you should look for decent project that has not too high/not too low payouts. So you can pay your VPS server costs from MN income.

As AXE dev here chipped in with advice, I can recomened AXE as a good project. It's still easy to mine AXE, at least for now. Sadly it's not on any of larger exchanges so buying it will be harder. Only at freiexchange.com.

you have a tutorial do create a masternode in vps on amazon ? im want to use smartcash

Which coins are the most suitable to make masternode and that will value a lot from now on?

Thanks
Almir

theres a swift guide how to setup the machine on aws https://devmarketer.io/learn/how-to-get-ubuntu-18-04-on-amazon-ec2-hint-its-ridiculously-simple/
after you ssh in - setup flow is pretty much the same.

which coin will moon you can check on github Cool

almirfiorio

sr. member

Activity: 312

Merit: 250

Quote from: kurbeks on November 10, 2018, 04:27:12 AM

Depends on coin. Most of super high ROI MN coins will just get value devaluted because of high infaltion. Same as with high PoS. You you should look for decent project that has not too high/not too low payouts. So you can pay your VPS server costs from MN income.

As AXE dev here chipped in with advice, I can recomened AXE as a good project. It's still easy to mine AXE, at least for now. Sadly it's not on any of larger exchanges so buying it will be harder. Only at freiexchange.com.

you have a tutorial do create a masternode in vps on amazon ? im want to use smartcash

Which coins are the most suitable to make masternode and that will value a lot from now on?

Thanks
Almir

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

Quote from: kurbeks on November 10, 2018, 04:27:12 AM

Quote from: Rrtt on November 10, 2018, 12:10:05 AM

Quote from: charlie137 on November 09, 2018, 09:44:44 PM

Dash is going to be great with upcoming version. Axe is still very cheap and easy to mine. Pivx dev left the project so its unlikely theres going to be anything new besides light updates (and how long they would last). the rest has empty or no source code available. there were couple more i think but they didn't survive this summer i guess

Is running a master node really profitable?

I am doubtful as there are many devs that left their project hanging on the air.

Depends on coin. Most of super high ROI MN coins will just get value devaluted because of high infaltion. Same as with high PoS. You you should look for decent project that has not too high/not too low payouts. So you can pay your VPS server costs from MN income.

As AXE dev here chipped in with advice, I can recomened AXE as a good project. It's still easy to mine AXE, at least for now. Sadly it's not on any of larger exchanges so buying it will be harder. Only at freiexchange.com.

true. there was so many projects with just very bad balancing, like 90% masternode rewards - with such numbers hash rate would be abandoned due simple math. masternodes got this bad reputation during winter '17 because it was a better instrument for scammers - you have additional ROI vector that would look better than any standard pow system. and it was understandable for people just blindly selling everything to get a couple masternodes - no time to read github, price is going up by minutes Sad

kurbeks

sr. member

Activity: 1078

Merit: 255

Quote from: Rrtt on November 10, 2018, 12:10:05 AM

Quote from: charlie137 on November 09, 2018, 09:44:44 PM

Dash is going to be great with upcoming version. Axe is still very cheap and easy to mine. Pivx dev left the project so its unlikely theres going to be anything new besides light updates (and how long they would last). the rest has empty or no source code available. there were couple more i think but they didn't survive this summer i guess

Is running a master node really profitable?

I am doubtful as there are many devs that left their project hanging on the air.

Depends on coin. Most of super high ROI MN coins will just get value devaluted because of high infaltion. Same as with high PoS. You you should look for decent project that has not too high/not too low payouts. So you can pay your VPS server costs from MN income.

As AXE dev here chipped in with advice, I can recomened AXE as a good project. It's still easy to mine AXE, at least for now. Sadly it's not on any of larger exchanges so buying it will be harder. Only at freiexchange.com.

Rrtt

member

Activity: 378

Merit: 10

Quote from: charlie137 on November 09, 2018, 09:44:44 PM

Dash is going to be great with upcoming version. Axe is still very cheap and easy to mine. Pivx dev left the project so its unlikely theres going to be anything new besides light updates (and how long they would last). the rest has empty or no source code available. there were couple more i think but they didn't survive this summer i guess

Is running a master node really profitable?

I am doubtful as there are many devs that left their project hanging on the air.

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

Quote from: Vispilio on November 09, 2018, 09:36:02 PM

This is a very interesting thread, thanks for the useful links.

Some masternodes seem to be both very cheap to run and according to these indexing websites also offer extremely high profitability; I'm assuming these statistics are subject to very rapid change, however, and the longevity of many of these projects are also in question.

Therefore, what would be the top 3 most profitable and cost efficient master node coins you would recommend at the moment ?

Dash is going to be great with upcoming version. Axe is still very cheap and easy to mine. Pivx dev left the project so its unlikely theres going to be anything new besides light updates (and how long they would last). the rest has empty or no source code available. there were couple more i think but they didn't survive this summer i guess

Vispilio

legendary

Activity: 2086

Merit: 1633

This is a very interesting thread, thanks for the useful links.

Some masternodes seem to be both very cheap to run and according to these indexing websites also offer extremely high profitability; I'm assuming these statistics are subject to very rapid change, however, and the longevity of many of these projects are also in question.

Therefore, what would be the top 3 most profitable and cost efficient master node coins you would recommend at the moment ?

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

Quote from: almirfiorio on November 09, 2018, 09:21:14 PM

Quote from: charlie137 on November 09, 2018, 09:11:46 PM

almost all current mn projects are scam on outdated codebase. 99% of the price is overinflated on completely empty githubs and network software with critical vulnerabilities. first thing to do is check the source code. example setup with ubuntu18 https://github.com/AXErunners/axe/wiki/Detailed-guide:-Masternodes

im only can do this in linux?

your masternode machines on aws (vps) should be on linux (ubuntu18 right now is most common selection i think, or debian/redhat/cent/etc), but control wallet could be running on any platform. some projects also have mn support in light clients (like https://github.com/AXErunners/electrum-axe), so you don't need to have full blockchain copy on control machine

almirfiorio

sr. member

Activity: 312

Merit: 250

Quote from: charlie137 on November 09, 2018, 09:11:46 PM

almost all current mn projects are scam on outdated codebase. 99% of the price is overinflated on completely empty githubs and network software with critical vulnerabilities. first thing to do is check the source code. example setup with ubuntu18 https://github.com/AXErunners/axe/wiki/Detailed-guide:-Masternodes

im only can do this in linux?

charlie137

full member

Activity: 1204

Merit: 220

(ノಠ益ಠ)ノ

almost all current mn projects are scam on outdated codebase. 99% of the price is overinflated on completely empty githubs and network software with critical vulnerabilities. first thing to do is check the source code. example setup with ubuntu18 https://github.com/AXErunners/axe/wiki/Detailed-guide:-Masternodes

almirfiorio

sr. member

Activity: 312

Merit: 250

Quote from: batang_bitcoin on November 09, 2018, 09:00:18 PM

https://www.reddit.com/r/Antshares/comments/6m7pen/tutorial_run_a_node_free_of_charge_on_amazon_aws/

im already have a vps run in amazon

im search for a tutorial to start

Topic: I never made master node and I want to start (Read 368 times)