Welcome to the Dash Forum!

Please sign up to discuss the most innovative cryptocurrency!

1st Masternode... Should I wait?

Discussion in 'Masternode Questions and Help.' started by Super8, Mar 28, 2015.

  1. Super8

    Super8 Active Member

    Joined:
    Mar 27, 2015
    Messages:
    295
    Likes Received:
    152
    Trophy Points:
    103
    Hi, I'm a new member here and am glad to be part of this. I've been steadily buying drk over the past weeks and just as I finally managed to get to the 1000 coins I needed, the rebranding to dash took place.

    I'm happy to try and follow the guides from Tao et al re setting up a Masternode, but I am nervous to do so because of the the need to rename things. I'm not particularly strong technically, but I beleive I can work through the instructions. (other ppl have done it after all.)

    Can someone give me some feedback or suggestions please?

    Should I update my coin wallet from 0.1.11.25 to the rebrand 0.1.11.26 before attempting to set up a Masternode?

    Should I perhaps wait (I am a patient person) until the dust has settled and get a Masternode after the next mandatory update, just to save myself a lot of renaming heartache?

    Any suggestions for a noobie pls! Thanks all.
     
  2. tungfa

    tungfa Administrator
    Dash Core Team Foundation Member Masternode Owner/Operator Moderator

    Joined:
    Apr 9, 2014
    Messages:
    8,964
    Likes Received:
    6,736
    Trophy Points:
    1,283
    as I am as much tech dummy as you
    I would honestly wait
    I am just in the process of encouraging all guide writers/ owners to fix theirs

    or call yidakee for help !
     
  3. Super8

    Super8 Active Member

    Joined:
    Mar 27, 2015
    Messages:
    295
    Likes Received:
    152
    Trophy Points:
    103
    Thanks. It's good to know the guides will soon be updated. I'll do some research and as much learning as I can in the meantime and perhaps I'll reach out to yidakee as well. Cheers.
     
    • Like Like x 1
  4. xxxsexygirls

    xxxsexygirls Member

    Joined:
    Nov 26, 2014
    Messages:
    44
    Likes Received:
    20
    Trophy Points:
    48
    You can still setup a MN using 0.1.11.25 and have a full running node
     
  5. Super8

    Super8 Active Member

    Joined:
    Mar 27, 2015
    Messages:
    295
    Likes Received:
    152
    Trophy Points:
    103
    Thanks, I'm looking into it right now. I'm just a bit worried about getting it to work (hopefully) and then immediately having to upgrade and/or rename everything. It does seem a bit daunting to me as a newbie, and I cant afford to mess this up. Hmmm.....

    A few weeks ago, I used these instructions https://dashtalk.org/threads/window...allation-guide-updated-08-february-2015.3881/ to get my wallet installed.

    I'm wondering if I should create safe backups to usb sticks, and then maybe install version 0.1.11.26 fresh on my (vista) pc.

    This way, I would have 2 wallets and I could then look at creating a Masternode and use either wallet....? (I've only got 1000 dash so I know I would need to select just one of these options)

    I am confused. There's a lot to take in here. And the rebrand timing is a little unfortunate for me. (I'm not anti rebrand tho.)

    Any thoughts pls?
     
    #5 Super8, Mar 28, 2015
    Last edited by a moderator: Mar 28, 2015
  6. Super8

    Super8 Active Member

    Joined:
    Mar 27, 2015
    Messages:
    295
    Likes Received:
    152
    Trophy Points:
    103
    So, what I mean is, I download a fresh new dash wallet (version 26) ... Then send my dash there from my existing wallet ( version 25) and then follow the original Tao Masternode guide which appears to have been updated for Dash (although the Tao Masternode update guide link leads to an un-updated Masternode guide..)

    Anyway, does this sound feasible?
     
  7. xxxsexygirls

    xxxsexygirls Member

    Joined:
    Nov 26, 2014
    Messages:
    44
    Likes Received:
    20
    Trophy Points:
    48
    I do not suggest you to put the 1k deposit in the same PC you use for daily surfing, especially if it is running Windows.
    Anyway if you have only one available PC I advice you to do create an encrypted partition within it and mount a linux virtual machine in it. Ubuntu would be fine.

    https://www.ivpn.net/privacy-guides/creating-a-vm-within-a-hidden-truecrypt-partition

    Anyway if you have now a 1k Vin deposit do this:
    -go on the console windows on the dash wallet
    -type wallet passphrase <yourpass> 120 (120 means 120seconds of wallet being unlocked)
    - dumpprivkey <address> (the address where your got deposit)
    -store the key in a safe place

    This is a good security measure in case you lost your wallet.dat.
    In the future you will be able to import the address in every new wallet with the command.
    importprivkey <privatekey>
     
    • Like Like x 1
  8. xxxsexygirls

    xxxsexygirls Member

    Joined:
    Nov 26, 2014
    Messages:
    44
    Likes Received:
    20
    Trophy Points:
    48
    A good setup is a remot wallet / vps running the daemon. Tao's guide explains this kind of setup.
    You only need a wallet with 1k dash in it and a VPS running the dash daemon linked to the deposit.
     
    • Like Like x 1
  9. xxxsexygirls

    xxxsexygirls Member

    Joined:
    Nov 26, 2014
    Messages:
    44
    Likes Received:
    20
    Trophy Points:
    48
    Just use the rebranded wallet (0.1.11.26 ), it is the same of .25 with replaced names
     
    • Like Like x 1
  10. Super8

    Super8 Active Member

    Joined:
    Mar 27, 2015
    Messages:
    295
    Likes Received:
    152
    Trophy Points:
    103
    This is good advice. I will also go buy another machine just for Dash. Thank you.