PEONY MASTERNODES

The master nodes perform the function of decentralizing their supporting network, providing fast and anonymous transactions.

The owners of the master nodes are rewarded for this contribution with the help of payments, receiving passive income.

If you want to proceed for a manual installation please note thats the process require technical skills, a VPS with dedicated IP address capable to run 24/7 and time for installation.

 

DEPLOY A VPS ON VULTR

Get an account on Vultr

Register for an account with Vultr through our ref link https://www.vultr.com/?ref=7829286 (thats help us on maintaining active nodes)

 

Create an account

 

 

 

Click the billing tab and select a payment method

 

 

 

Click the servers tab – Deploy New Server

 

 

 

Choose a Server Location

(it is best to choose the one closest to you)

 

 

 

Select server Type Ubuntu 18.04 x64

Select server size  $5/mo VPS

 

 

 

Skip down to section 7 and set a server Hostname & Label

(could be anything you like)

Click Deploy Now

 

 

Wait about 5 minutes for the server to finish the installation

MASTERNODE MANUAL INSTALLATION

Wallet configuration for masternode

 

Download the PNY wallet to your personal computer from the official website peonycoin.io or  github

You must also have the necessary collateral to start the masternode 2000 PNY
(It is recommended to have a 2001 coin as there is a transaction fee)
You can buy the collateral needed on crex24.com or graviex.net

 

 

Open wallet

On the wallet click on Tools – Debug Console

 

 

In console enter the command: masternode genkey and press enter

In response, we get the secret key – copy it to a text file

 

 

 

Enter the command: getnewaddress and press enter

In response, we get the address of the purse of our masternode

– copy it to a text file

 

 

 

Send the amount needed for masternodes collateral of 2000 PNY to the address that you just generated

In the label field, invent and enter any name for your masternode

 

 

– copy you name masternode to a text file

 

 

 

Click on the transactions tab

The clock will change to a green check mark

Wait 30 confirmations

If you run the masternode before you receive 30 confirmations your masternode will not work and you will have to restart the procedure!

 

 

 

You can view your wallet and masternode addresses by also enabling the function in the settings

 

 

 

Now that we have received 30 confirmations or more, proceed to the next step

 

 

 

Open debug console

enter the command: masternode outputs and press enter

 

 

 

– copy txhash and outputidx to a text file

 

 

 

Now you need to copy the ip address of your server

also write port 16889

 

 

 

Click on ToolsOpen Masternode Configuration File

 

 

 

In the Masternode configuration file we need to enter all the collected information

 

 

After entering press FileSave and close

 

 

 

Download PuTTY from the official website

https://www.putty.org

 

Open it

Start – all apps – PuTTY

 

 

Open vultr click on the servers tab – click on your server

 

 

 

Enter the IP Address – this is the IP address of your Vultr server

Port – the default port for SSH is 22

Click Open

 

 

 

You will likely get a window saying “PuTTY Security Alert”. Because this is a server you have not connected to before, PuTTY will ask you to confirm this is the server, just click “Yes

 

 

PuTTY will now ask you for your username. By default, this is root.

Write:

root [Enter]

 

The root password can be found on the server information 

Click Copy Password

 

In the Ubuntu console, you paste using the right-click enter. Ctrl-C and Ctrl-V do not work.

The selection is also automatically copied to the clipboard


After entering the password (you will not see anything when typing)

press Enter again

 

 

You have successfully logged into your server

 

 

Next, enter the command to install our wallet on the server

using the copy=right-click enter

wget https://github.com/PeonyTeam/peony/releases/download/v1.3/peonyd [Enter]
wget https://github.com/PeonyTeam/peony/releases/download/v1.3/peony-cli [Enter]

 

Wait wallet loading when the wallet is loaded, enter the commands

 
chmod +x peonyd peony-cli [Enter]
mkdir .peony [Enter]
nano .peony/peony.conf [Enter]

We opened the configuration file in which we enter the settings

 

rpcuser=your_username [Enter]                      Create a name         save to text file
rpcpassword=your_password [Enter]              Create a password   save to text file
rpcallowip=127.0.0.1 [Enter]
server=1 [Enter]
daemon=1 [Enter]
logtimestamps=1 [Enter]
maxconnections=256 [Enter]
masternode=1 [Enter]
externalip=your_vps_ip [Enter]
masternodeprivkey=your_masternode_key

It should be like this

 

Save with Ctrl + X, confirm with Y and press Enter

./peonyd [Enter]

We launched peony server

turning off the wallet:

killall peonyd [Enter]

wallet launch:

./peonyd [Enter]
exit [Enter]

 

 

Close and restart your PNY Desktop Wallet

After restarting your Wallet go to Masternodes Section select your Masternode and click on Start Alias

 

 

Congratulations you launched the masternode

 

 

Now your Masternode is working

 

 

 

 

Changing your password

 

For security purposes and for fast access, it is a good practice to change your password after creating your server.

Write:

 passwd [Enter]

Make up your new password – copy it – right-click and enter


repeat action

Your password has been changed.

Write:

exit [Enter]