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Staking process on a VPS
Staking on a Virtual Private Server (VPS) is similar to staking on a desktop wallet, but instead of running the staking process on your local computer, it runs on a remote server.
In this guide we are going to explain how to stake on a VPS server.
This guide is for advanced users and assumes that you know how to safely use an Ubuntu server.
We assume that you will run all the commands as root user.
First we need to connect to our server via SSH and download the wallet we want to install, from our official links on GitHub.
In this case we have chosen KYAN.
We choose the Linux version and copy the link.
To download the wallet we use wget command.
wget https://github.com/kyancoin/KYAN/releases/download/v1.0.0.1/KYAN-1.0.0.1-Linux.zip
We now extract the archive using unzip command (if the command is not available you can run apt install unzip)
unzip KYAN-1.0.0.1-Linux.zip
Now we copy the KYAN executables in /usr/local/bin folder to make them available as system command
cp kyanite* /usr/local/bin/
Let’s start the KYAN daemon and encrypt the wallet.
kyanited -daemon
kyanite-cli encryptwallet “YOUR-PASSWORD-HERE”
We can now create a system service to make sure our wallet will always run.
nano /etc/systemd/system/kyanite.service
This command will open nano text editor where we paste the following.
[Unit]
Description=KYAN service
After=network.target
StartLimitIntervalSec=0
[Service]
Type=forking
Restart=always
RestartSec=10
User=root
ExecStart=/usr/local/bin/kyanited -conf=/root/.kyanite/kyanite.conf -datadir=/root/.kyanite
ExecStop=-/usr/local/bin/kyanite-cli -conf=/root/.kyanite/kyanite.conf -datadir=/root/.kyanite stop
[Install]
WantedBy=multi-user.target
We can now exit nano and save (ctrl+x, y, enter).
To apply the change we run this command
systemctl daemon-reload
Now we need to setup the kyanite.conf file, we use nano again
nano /root/.kyanite/kyanite.conf
Paste the following lines in it:
daemon=1
server=1
rpcuser=kyanite
rpcpassword=YOUR-RPC-PASS
rpcallowip=127.0.0.1
staking=1
Save and exit nano.
The configuration is now complete and we can start the kyanite service and generate a new address.
systemctl start kyanite.service
kyanite-cli getnewaddress
While we wait for the wallet synchronisation we can transfer our funds to the address we just generated.
As the last step we need to unlock our wallet for staking.
kyanite-cli walletpassphrase “YOUR-PASSWORD-HERE” 99999999999999 true
N.B. Coins need 600 network confirmations to start staking
You can verify staking status using the command below
kyanite-cli getstakingstatus
All the fields must return “true”
It is highly recommended to delete terminal history when we enter sensitive information like wallet passwords.
It can be done simply using history -c command.
Last modified 3mo ago