Caz Masternode Setup

Step 0 – Checklist

You will need the following.

  • 50,000.1 CAZ coins. You only need 50,000 for your masternode, but do need a bit more to make the transaction and cover the fees.
  • Latest version of the CAZ wallet – check the CAZ website for the official version. For now check the Github release page.
  • 10 minutes of your time

Step 1 – Disable Staking and Enable Coin Control

The Caz wallet will start staking your coins quite quickly. This will break your masternode collateral until you have your masternode running so we strongly suggest to turn off staking to start with. Open the “Wallet Configuration File” and insert the text

staking=0

Save the file and close it.

An additional step is to turn on Coin Control. Even though not required to setup your masternode, it’s a good practice to enable coin control. It is in the wallet’s settings. You can read more about using coin control in our FAQ


Step 2 – Create Receive Address

You need a new address to deposit your masternode collateral into. We generate this through the wallet.

Click Receive and type your masternodes alias into the “Label” field. The alias can be anything, we often go with MN01 or MN02. Then click Request Payment.

Copy the Address and close the pop-up window.

Step 3 – Transfer funds

Now you need to transfer 50,000 CAZ in one single transaction to this address. The Caz wallet will add the fee automatically.

In the Caz wallet select the SEND tab and follow these steps:

  1. Paste the address from Step 2 in the “Pay To:” field
  2. Type 50,000 in the “Amount:” field
  3. Click “Send” at the bottom left
  4. Acknowledge the fees and click yes.

 

Step 4 – Email NODEshare your Address

You will receive an email with the title “Caz Masternode Subscription Confirmation”. Simply reply to this email with your address from Step 2 in the message and send it back to us.

Step 5 – Configure your local wallet

NODEshare will send you a masternode configuration that you will need to paste into your masternode file.

In your Caz wallet, click on “Tools -> Open Masternode Configuration File”. This will open the default configuration file. You can delete all its contents and replace it with the details received by NODEshare.

Please ensure to copy and paste the full details into your file without additional characters.

Step 6 – Restart Wallet and Start Masternode

Restart the wallet so the changes from the masternode configuration take effect.

Navigate to the masternode tab and you should see your masternode as missing. Click on “Start Missing” to start the masternode.

Happy Staking!

Step 7 – Troubleshooting

In case of problems see the following articles in our FAQ:

  • Make sure your wallet is fully synced
  • Double check your masternode configuration
  • Start your node using the debug console running the following command:
masternode start-alias MN01

MN01 being the label of the masternode, which might be CAZ01, CAZ1111 etc.

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