Get to Know the DarkPayCoin Masternode
Two of the main issues in the crypto world, lack of decentralization and lack of privacy, inspired the creation of DarkPayCoin. The roadmap of the team behind this coin aims to handle these hiccups on a 100%, plus offering community built and linked products. 2019 will be the year for implementing peer-to-peer marketplace, called DarkPayMarket. This masternode coin is community driven, where every decision is put to a vote from the holders. Transactions are executed via the Zerocoin protocol, assuring privacy and anonymity. DarkPayCoin uses PoS 3.0 to achieve decentralization and network safety for masternode deployment and staking wallets. In the following paragraphs, I explain what profit you can expect from running a DarkPayCoin masternode and how to set up one.
How to Make Money From DKPC Masternodes
With DarkPayCoin (DKPC), the main part of the block reward goes to all masternodes supporting the network and its privacy. When thinking about making money out of this project, have in mind that it is relatively new. Nevertheless, it is showing a promising growth for the first months. The investment you need in order to get and become a DarkPayCoin masternode are still in the low range. Now is the perfect time to become part of this interesting project. What is more, the reword system works in your favour – the masternode payout is 88% of the block reward (or 132 coins at the moment) and 12% are left for the stakers. Basically, they split 150 DKRC block reward.
DarkPayCoin Masternode Setup
MINIMUM REQUIREMENTS
Before making the first step towards setting up a DarkPayCoin masternode, you need to attain:
- 10,000 DKPC – they can be bought from CryptoBridge or Stex
- VPS with 512 MB of RAM with 1 GB of hard drive space, Vultr for example
- A public, static IP with a forced network port number
- linux
- wallet
- dkpc
How to Set Up a DKPC Masternode Step by Step
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Start by setting up your Virtual Private Server. Do that on your own or rent one. The main thing, that you have to pay attention to is the static IP address.
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After you are done with the VPS, continue to the OS setup. I recommend using Ubuntu. Once it’s installed, connect to the VPS using PuTTy.
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Install the official DKPC wallet. You can run a DKPC masternode only with that one.
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To enable configuration options, make sure that you’ve sent exactly 10,000 DKPC to the masternode’s address.
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When everything is done, check if the elements work and sync properly. Start the DarkPayCoin masternode from the core wallet Debug window/Console and have a look.