Wagerr Masternode Setup

Step 0 – Checklist

You will need the following.

  • 25,001 WGR coins. You only need 25,000 for your masternode, but do need a bit more to make the transaction and cover the fees.
  • Latest version of the WGR wallet – check the Wagerr website for the official version
  • 10 minutes of your time

Step 1 – Disable POS staking and Zerocoin mining

In order to avoid your 25,000 coins for the masternode to stake and break your setup, you need to make a change to your Wagerr configuration.

Open your Wagerr configuration file by clicking on Tools->Open Wallet Configuration File

A Text Editor will open with a blank file (unless you have made changes yourself already). Please put the following values in the text file:


Save the file and restart your wallet – this is important!

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 25,000 WGR in one single transaction to this address. The Wagerr wallet will add the fee automatically.

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

  1. Paste the address from Step 2 in the “Pay To:” field
  2. Type 25,000 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 “Wagerr Masternode Order 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 Wagerr 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.

Step 6 – Restart Wallet and Start Masternode

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

Before you can start your masternode wait until the wallet has fully synced – including the “Synchronizing additional data” bar at the bottom of your wallet. If you still see this

Wait until it has disappeared.

To start the masternode, you have to open the debug console and enter the following command – you will receive the specific command in the NODEshare email to match your alias which in this case is mn01.

startmasternode alias 0 mn01

If everything went well you will see a success message in your console. Note that it will take up to 48 hours to receive your first stake.

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