Get to know the Aegeus Masternode

Aegeus is one of the Proof-of-Stake networks, which is strictly targeting information for storage purposes, which is mainly focusing on privacy. Inspired by Dash and PIVX masternodes nature of privately providing instant transactions, the Aegeus masternodes team aims to provide a secure and immutable place to keep your data. The minimum collateral to submit is 50 000 AEG coins. In return, you receive the right to vote on the network’s decisions and be part of the development suggestions. Since masternodes are the base of this project, the team offer a half block reward to both stakers and masternode operators.

How to Make Money from AEG Masternodes

The current block reward is 20 AEGs per 60 seconds of block time. 10 of it are going for the AEG masternodes operators and the other 10 – for staking recognition. You can observe a high Aegus masternode payout, since it’s more of less a newly established coin on the market. The token actually burns, which makes it even harder to predict its future fluctuations. To get started, you’ll need the standard package to run your Aegeus masternode – a PC with the core wallet and a VPS. Frankly, the more masternodes join the network, the more divided the reward will become.

Aegeus Masternode Setup

MINIMUM REQUIREMENTS

Here is what you going to need in order to run a Pure coin masternode:

  • Ensure yourself the collateral of 50,000 AEGs from either Graviex or Crypto Bridge
  • Obtain a configuration consisting of a single core processor, 2GB RAM and 25GB free hard drive space. When speaking of the VPS, you should find a reputable provider like Vultr
  • Install and set up the official Aegeus wallet
  • Change your IP’s status from dynamic to static to run your masternode
  • Linux
  • wallet
  • Aegeus

How to Set Up an AEG Masternode Step by Step

  • Check out once again the VPS requirements to cover before you choose one. Here’s an official guide
  • Make sure to install Ubuntu 16.04 on your VPS and connect to it from your PC at home using PuTTy or some other SSH software
  • Download and install the Aegeus Core wallet on your PC and add the required collateral of 50,000 AEGs. Sync with the VPS
  • Configure the masternode by sending the coins into it
  • Run the Aegeus masternode and check if it’s working in parallel on the VPS

Sean Boyle

HARDWARE ENGINEER

For in excess of six years I have been actively using diverse methods to mine various crypto coins. In search of optimal profitability with limited resources I have engaged in using various masternodes to earn rewards in a passive manner..

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