Vsync Masternode Setup

The process of setting up a remote VSX Masternode may seem daunting but you only need to follow a few steps.

Start with the checklist and work your way through the steps.

Step 0 – Checklist

You will need the following.

  • 100,001 VSX coins. You only need 100,000 for your masternode, but do need a bit more to make the transactions.
  • Latest version of the VSX wallet – check the Vsync website for the official version
  • Order Hosting from NODEshare
  • 10 minutes of your time

Step 1 – Disable Staking/Zeromint and Enable Coin Control

In order to prevent your coins to stake or to be converted to zerocoin we will disable this through the configuration file. This is not required but in order to ensure your masternode is setup correctly disabling those features is beneficial especially to people that are new to Masternodes.

Once your masternode is setup and running you can remove these lines from your configuration and reenable staking and zerocoin if you want to use these features.

Open the “Wallet Configuration File” and insert the text

staking=0
zeromint=0
enablezerocoin=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

Restart your wallet after making those changes.

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 – Send 100,000 VSX to the new address

Copy the receiving address and close the pop-up window. Navigate to the “Send” screen and follow these steps:

  1. Paste the new address in “Pay To”
  2. Type 100,000 in “Amount”
  3. Click the Send button at the bottom left
  4. Click okay to confirm the transaction fee

Note: Do not alter the amount of 100,000 VSX and send the amount in one single transaction.

Step 4 – Email NODEshare your Address

You will receive an email with the title “Vsync 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 Vsync 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:
startmasternode alias 0 mn01

MN01 being the label of the masternode, which might be MN01, VSX1111 etc.

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