A Masternode (MN for short) is a full node in a blockchain network that helps secure the network by consensus and improves the blockchain's functionality.

It operates on a dedicated server with a static IP address while ensuring a high level of availability and reliability. Furthermore, it is only eligible if it meets the required amount of secured collateral.

The MN owner is compensated for contributing to the network's capabilities with a portion of the block reward.

Masternode Specialized Tasks

A Masternode enhances the functionality and security of a blockchain network. They validate and store blocks of transactions, helping to maintain the integrity of the network's ledger and prevent malicious activities like double spending, thus helping to ensure the security and immutability of blockchain data. Masternodes can also help improve the scalability and stability of the blockchain network. By offloading certain tasks and responsibilities from regular nodes, Masternodes help reduce the network load, improve performance, and ensure efficient operation even as the network grows.

Masternode Collateral Requirement

Operating a masternode requires a collateral amount of the cryptocurrency to be locked in a dedicated wallet. This collateral ensures that the Masternode owner has a financial stake in the network and discourages malicious behavior.

The amount of coins in the collateral is always stipulated by the blockchain and is a unique value that must be exactly as requested. The value must be exact, without any deviation, and it must be done in a single transaction. A frequently asked question is whether the collateral allocated in a Masternode is permanently lost. The answer is NO. When you run a Masternode, the coins remain in your wallet. If you decide to stop running the Masternode, the coins become "unlocked" and can be used again without restrictions.

Rewards for Running a Masternode

To reward the Masternode owner for playing such an important role in the network, a percentage of the block reward is delivered directly to the wallet from which the masternode was created (i.e. the wallet with the collateral). When considering running a Masternode as an investment allocation, things like Return on Investment (ROI) are important concepts to understand. ROI is the percentage of initial investment that can be expected to earn back annually. Calculating ROI, in this case, involves several factors, such as the Masternode's collateral, the block reward, and the current number of Masternodes on the network. In general, as more Masternodes participate, the ROI decreases. On the other hand, a decrease in the number of Masternodes literally means a higher ROI. It can be calculated as follows: ROI = (((MN reward per block x number of blocks in a year) / number of MN currently on the network)/ collateral amount)x100 Information on the above points is always provided by the project.

Creating a Masternode

With the help of our unique Masternode Multinode Script, a task that often requires a certain level of technical knowledge has been simplified. This makes it possible for anyone to seamlessly deploy a masternode.

Sporks are a feature that offers a way of implementing upgrades or changes to a blockchain network without requiring a hard or soft fork. Sporks allow the network to switch between the old and new rules at a specific block height or time, depending on the consensus of the nodes.

Sporks are different from forks, which are permanent changes to the network that require all nodes to upgrade or risk being left behind on an incompatible chain. Sporks are also different from soft forks, which are backward-compatible changes that do not require nodes to upgrade but may reduce their functionality.

How do Sporks work?

Sporks work by allowing cryptocurrency developers to change some network parameters without requiring all nodes to upgrade their software. Sporks are literally switches that the developers can turn on or off using a special private key. Sporks can activate new features, fix bugs, or adjust network settings.

What are the Benefits of Sporks?

• They allow for faster and smoother network upgrades without disrupting the network's normal operations.

• They give the developers more flexibility and control over the network parameters and features, allowing them to adjust them according to the changing needs and demands of the users.

• They reduce the risk of network splits or chain reorganizations when nodes disagree on the validity of blocks or transactions.

• They enhance the security and stability of the network by preventing malicious actors from exploiting bugs or vulnerabilities in the old code.

• They increase the adoption and innovation of the network by enabling new features and functionalities that may attract more users and developers.

Some Examples of Cryptocurrencies using Sporks

• Dash is a digital currency that uses sporks to activate new features such as InstantSend and PrivateSend without disrupting the network.

• Zcash is a privacy-focused cryptocurrency that uses sporks to control the activation of network upgrades such as Sapling and Heartwood.

• PIVX is a fork of Dash that also uses sporks to implement changes and improvements to the network. PIVX stands for Protected Instant Verified Transactions and aims to provide fast, secure, and private transactions.

• DSW is a common platform used by DECENOMY and is a network of projects that share the same wallet codebase and blockchain infrastructure. DSW stands for Decenomy Standard Wallet and enables cross-chain interoperability and governance among the DECENOMY projects.

A blockchain is a technology revolutionizing how we store and manage digital information. Initially introduced alongside Bitcoin, the blockchain concept has since evolved beyond financial transactions.

True Blockchain Definition

Imagine a record book that isn't under the control of a single authority but is instead distributed across multiple computers or nodes. Each transaction forms a block, and these blocks are linked in a chain, creating the blockchain. This system's extraordinary capabilities lie in how a cryptographic hash links each block to the previous one. This mechanism ensures that once a block is added to the chain and verified, altering or manipulating the information becomes virtually impossible.

The transparency and integrity add a whole new level of trust to the system. Blockchain technology also eliminates the need for intermediaries, such as relying on central institutions. This is because the blockchain operates on a network where every participant has a copy of the entire blockchain. The decentralized nature opens new possibilities for direct and trustless interactions between participants. In addition to cryptocurrencies, blockchain technology has found applications in various other sectors, including supply chain management, healthcare, voting systems, intellectual property, and many more For example, the integration of other software such as smart contracts, which are emerging with the blockchain bubble, will allow for self-executing agreements where pre-defined rules are encoded within the blockchain itself.

Where DECENOMY Stands

This guide was made to provide complete information to ensure the safety of users and their wallets.

• First, let's talk about security regarding Discord.

On Discord the DECENOMY team members will never initiate a private conversation.

If someone contacts you privately offering assistance, it's best to ignore the conversation and report the user in the channel #report-scammers-here.

• If someone sends you links with offers and promotions in a private message, please refrain from clicking them, as they may lead to deceptive offers or potential scams.

Always report users who invite misleading advertisements in the channel #report-scammers-here.

• Never open any files received via private messages. In most cases, individuals who send files through private messages may be attempting to send malware or other software that could potentially grant unauthorized access to your funds.

• We strongly encourage you to use only official links, which you can always find on our Discord platform.

For your safety, we always suggest you check the ID of the DECENOMY team members.

In Discord you can see the team ID in the dedicated channel #team-channel.

To check the ID of the user you are talking to, you can right-click on their username and then click on "copy ID".

By doing this you can verify that it is the same as the ID in the team channel. (You might need to enable developer mode in Discord settings).

• The DECENOMY team recommends that you do not share sensitive data such as private keys, passwords, and IP addresses in public.

Sharing a private key means giving access to one's own coins.

• Never trade on platforms such as Discord, instead, always use trusted Exchanges.

• Trading coins privately carries significant risks, as the other party may not fulfill their payment, potentially resulting in a scam.

• Whenever possible start your software as a standard user and not as an administrator or root. This helps prevent most possible attack vectors.

Make sure you have a good antivirus and anti-malware installed on your PC.

• Do not allow any PC control or screen sharing via anyDesk, TeamViewer, or remote desktop. Not adhering to this may allow a potential hacker to steal your funds.

If you need help, always ask for it in the support channels.

• When you make a big transaction, or when you send a transaction to an address saved in your address book, try to send a controlled amount first. e.g. 10 SAPP followed by 9990 SAPP, instead of sending 10k SAPP at a goal.

• Do not keep passwords in a text file on your desktop.

Write them on paper or store them on your USB stick.

• Secure the wallet with a password, and remember that the wallet.dat is the key to your money.

You need to have a few copies of that, each in different places.

• Never share the result of commands such as

dumpwallet

dumpprivkey

backupwallet

This guarantees that bad actors will have access to your funds and defraud you.

• Always make sure you protect your accounts with two-factor authentication.

• Always use a different password for each website you register.

By following these simple rules you can be sure that your funds are safe.

Context

A blockchain explorer is a web based tool that enables users to search and view the transaction history of a particular blockchain network in a user friendly way. It provides a graphical interface for accessing and analyzing all the transaction data stored on the blockchain.

The explorers play a vital role in analyzing the health and transaction history of a blockchain network. They offer a comprehensive and transparent view of the network's transactions, allowing users to track and trace the flow of cryptocurrency across the network. This makes them an essential tool for researchers, investors, and anyone interested in understanding the inner workings of a blockchain network.

Main Link

Breakdown Link to direct access to each coin explorer

Note: change the path parameter (coin) to a Decenomy ticker coin always in CAPS example: https://explorer.decenomy.net/SAPP

Summary

The Overview tab serves as the landing page for each coin when accessed via a breakdown link. This page contains the essential information required for daily use.

The detailed descriptions of each section, marked and numbered in the image above, will provide a comprehensive understanding of every component.

Section 1

Section 2

The information presented in this section belongs to the masternode statistics of this coin. All coin-related data is automatically gathered from the blockchain. Price values are sourced from external cryptocurrency price trackers.

Section 3

This section provides a brief reference to the last 10 blocks of the blockchain. Users can adjust the number of blocks displayed by selecting different queries from the 'Per page' box selection located in the top right corner.

Section 4

The Latest Blocks and Latest Transactions tabs contain the same information as presented in the Overview tab, in what information is related.

Detailed block info

The search box can be found in all tabs, allowing for precise queries on the explorer.

Detailed block info

Section 1 from block info

This board is dedicated to displaying block details, such as the hash and block height, as well as the number of confirmations the block has at the time of the query. Additionally, it includes information on the number of transactions that occurred in that block and the creation date of the block.

Section 2 from block info

The search box can be found in all tabs, allowing for precise queries on the explorer.

Detailed Tx ID info, case 1

This screen displays comprehensive and detailed information about the events that took place in this specific block, on this specific transaction.

Section 1 from Tx ID info, case 1

This section provides cross-information about the transaction ID, including the block height to which it belongs, as well as the hash and time of that particular block height.

Section 2 from Tx ID info, case 1

The " Sending Address " indicates that it was a reward transaction created, taking into consideration the nature of the coin, POS/MN. The " Recipients " section indicates that the address receiving the 280 SAPP was a stake reward, while the address receiving the 520 SAPP was a masternode reward. Further confirmation of these values is explained in the next section.

Section 3 from Tx ID info, case 1

To provide some context for the information presented, it's important to briefly explain the staking process. In this process, a certain amount of inputs with a specific value are ready to stake a block. Once staked, the input that earns the reward is compounded with its previous amount and the stake reward value.

In the " Input Details " section, it's indicated that the input with an amount of 11214 SAPP was staked in this block. After the stake, the same input with the same address now has a compounded value of 11494 SAPP, as shown in the " Output Details " section.

It's worth noting that in some cases, a wallet can stake and split one input into multiple inputs, as seen in the example presented in the following board.

The wallet in this case staked with an input of 44699 SAPP and compounded it into a new input. At the same time, it split this new input into four others.

By referring to sections 2 and 3, it is always possible to gain insight into the reward value that a stake and a masternode receive, as well as what happens when an address stakes.

Detailed Tx ID info case 2

This type of transaction is a breakdown of a coin transfer and is not related to any reward earned from a masternode or stake.

The " Sending Address " indicates that the transaction used a combination of 5 different wallet addresses to transfer the desired value. As for the "Recipients" address, it appears that the user wanted to transfer precisely 5112 SAPP to one address while sending the remaining amount of 1.9078 SAPP to another address. It is important to note that this value already takes into account the deduction of transaction fees.

In this guide, we will explain various useful VaultWatch features and provide instructions on how to utilize them.

To locate your desired coin, simply enter its name into the search bar. For the purpose of this tutorial, we will use SAPP as our demonstration coin.

Click on the coin's name to go to the next page

Once this is done, we can see the basic information of the coin (e.g. links and some technical details) as shown in the image below:

We will focus on staking and show you the main tools offered by VaultWatch.

• Profit Calculator

• Staking Information

• Best Staking Addresses

Profit Calculator

The profit calculator provides an estimate of the rewards you can anticipate based on a specified amount of coins (this statistic is not 100% guaranteed as the blockchain is a dynamic system in which the factors change constantly).

As shown in the image below, we have input a value of 30 000 SAPP:

• Stake, not compounding: expected returns on a daily, weekly, monthly, and annual basis without restaking our rewards.

• Stake, compounding: expected returns on a daily, weekly, monthly, and annual basis restaking our rewards.

• In masternode (collateral 200000): Comparison between our staking rewards and the rewards of a masternode.

• In shared masternode (fee 6%): Comparison between our staking rewards and an investment in a shared masternode.

At the time of writing this guide, a staking reward is equivalent to 280 SAPP, while the daily rewards table is approximately 66 SAPP.

This means an average of about 0.24 rewards per day.

Staking Information

• Average input size: The average amount of coins per input in the network

• Average input weight: The average age of inputs

The age of the inputs for the DECENOMY coins is not a factor that affects the probability of receiving a reward. The only determining factor is the size of an input.

Apparently, all our coins, after receiving the first reward, will not be available for staking for about 100 minutes.

Best Staking Addresses

In this last section, we see the same statistics as before, but referring to the individual addresses of the largest active stakers on the network.

We can therefore use an average input size value as a reference value for the setstakesplitthreshold in our wallet, from the debug console.

Alternatively, you can adjust the stake split threshold value from your wallet's interface. Navigate to 'Settings,' then 'Options,' and select 'Wallet.'

Within the wallet section, you will find the option to manually input the desired value. Remember to save your changes once you are finished.

After a while we will see that the coins in an immature state will be about 3400 SAPP, leaving the rest of the balance free.

As seen in the image below, only a small portion of our coins are immature. This allows us the potential for a slight increase in rewards.

This section provides detailed information about a specific masternode in the blockchain.

" IP Address " Shows the IP where the masternode daemon is currently running. " Status " Indicates whether the masternode is running and connected to the blockchain properly. " Last seen " Displays the last time the masternode was seen on the network; this ping happens every two hours or more. " Pubkey " Shows the wallet address of the masternode. " Protocol " Displays the running wallet protocol of the masternode. " Last paid " Shows the last time the masternode received a reward. To search for specific information related to masternodes on the network, the search box on the left can be used to query the explorer by IP, Status, Pubkey, and Protocol.

This tab provides a useful function for establishing additional connections to the network, which can improve the connectivity of our wallet.

Clicking the "Node List" button will display information for the addnodes.

ch box can be found in all tabs, allowing for precise queries on the explorer.

" Height " Refers to the block height at which a transaction containing the queried address occurred. " Timestamp " Exact date and time when the transaction event occurred. " Confirmations " Indicates the number of times the transaction has been confirmed on the blockchain by the time of the query. " Tx ID " The transaction ID " Amount " Shows the number of coins that were moved in the transaction. The field is color-coded to indicate whether the transaction resulted in a credit or debit to the wallet. " Balance " The balance the wallet has after the transaction happens.

Welcome to DECENOMY Documentation We strive to provide comprehensive support for various features and tasks in the POS/MN space through our informative articles, which include text, video, and pictures, to ensure clarity and ease of understanding.

Our documentation is a continuous effort and will be constantly updated and expanded as we deem it necessary to include more helpful information. Please use existing categories for efficient searches:

The installation of the files provided by this script has been done properly, taking into account the best security practices. As a result, the files are not installed at the root level, as is common with similar tools. Instead, each instance of the coin installation will create its own user ID on the Linux system files, with the coin name serving as the identifier for the deployment location of the respective coin blockchain files. Please note the exact file locations using the coin sapphire as an example.

In case you need to have access to the mentioned directories and files via a terminal, please follow the next steps:

Being a public API, there is no need to use any kind of authentication.

API v1 Endpoint URL

https://explorer.decenomy.net/api/v1/coins/coin/

Path parameters v1

Query parameters v1

Example query v1

https://explorer.decenomy.net/api/v1/coins/SAPP/getblockcount

Example response v1

1987842

API v2 Endpoint URL

https://explorer.decenomy.net/api/v2/coin/

Path parameters v2

Query parameters v2

Example query v2

https://explorer.decenomy.net/api/v2/SAPP/info

Example response v2

{
  "response": {
    "connections": 171,
    "errors": "",
    "blocks": 1987846,
    "paytxfee": 0,
    "moneysupply": 1224915018.8013475,
    "difficulty": 527924.3523641471,
    "keypoolsize": 100,
    "keypoololdest": 1627317470,
    "walletversion": 169900,
    "timeoffset": 0,
    "testnet": false,
    "version": 1050100,
    "staking status": "Staking Inactive",
    "protocolversion": 70931,
    "services": "NETWORK/BLOOM/",
    "balance": 0,
    "relayfee": 0.0001,
    "proxy": ""
  },
  "success": true
}

On this first screen, we can perform 3 different operations.

• Select the coin we want to use

• Update the script

• Check which coins are installed on the system running this tool

Coins to use

Each coin is referenced by a number so that it can be used. Simply enter the number assigned to each coin in the prompt below and press Enter.

Update the script

This option can be used in case of a script update. The script will assist the user by reading the latest version presented on Github and the version currently installed on the system (the version in use). The user will then be prompted to decide whether to proceed with the upgrade.

Already Installed

This feature provides an easy and fast way to determine which coin wallets have already been installed on the system through previous actions using this script and its own environment base.

This script was created to manage all coins related to DECENOMY, making it easy to handle masternode multinode installations and maintenance. With this tool, it's possible to:

• Easily manage the masternodes multinode of different coins in each system

• Track the status of your wallet

• Check masternode status with Explorer

• Perform maintenance tasks such as wallet updates, bootstraps, and connection management

The script will always have the latest wallet coin versions available as soon as they are released on each Github repo, which is handy and avoids the need to re-release the script each time.

Install and launch

The script was designed to be installed on pre-purchased Virtual Private Servers (VPS) running a Linux distribution. To install and run the script for the first time, copy and paste the full command below into a terminal prompt with root privileges:

wget -q https://raw.githubusercontent.com/decenomy/mnscript/main/decenomy.sh && bash decenomy.sh

To provide a more detailed understanding of this tool, it would be helpful to explain how the information is organized on the screen. This will make it easier for users to understand the documentation and how to use the script.

Section 1

This refers to the version number of the script that is installed and currently in use.

Section 2

This area displays a section tree to help the user understand where they are in the script menu. It will also serve as a useful reference in case of support needs, allowing easy navigation to the same screen.

Section 3

This is the current menu title or a brief description of the screen that is currently displayed. It will always display the selected coin after this action is performed.

Section 4

All the information necessary for the operation of the screen, as well as the options available.

Section 5

Each screen will have its own set of options to enter.

Since this script serves the needs of all DECENOMY coins, the first screen of it is based on the selection of the coin we want to manage. Only after the previous step, more options are available, always taking into account whether the coin is already installed in the system or not. Full option availability only after the coin is installed.

• • List of masternodes in multinode list

  • Add masternode to multinode list

  • Delete masternode from multinode list

• • Wallet Statistics

    • Reload Information

    • Wallet Management

  • Masternode Statistics

    • Reload information

    • Masternode status complete info

    • Masternode on explorer

    • Wallet management

• • Update wallet

  • Apply bootstrap

  • Clean peers and banlist

  • Connections management

  • Restart service

  • Delete wallet

• • Update this script

  • File System

  • Others

In this tutorial series, we'll explore the ins and outs of Decenomy's masternode and proof of stake features, helping you to optimize your digital asset management. With step-by-step guides and expert insights, our tutorials are designed to equip you with the knowledge and tools you need to succeed in today's fast-paced crypto landscape. Whether you're a seasoned user or just getting started in the world of digital assets, our tutorials will help you unlock the full potential of Decenomy's cutting-edge technology. So let's dive in and explore the exciting possibilities of masternodes and proof of stake with Decenomy!

This menu has a dynamic result depending on what is installed in the system. If the coin masternode is not installed, you will be prompted to install it, as shown in the image below.

The master node installation process will display information about the current step. It is unlikely that the installation will get stuck, although the screen may appear frozen or the process may appear to have stopped. It is advisable to wait for some time before abruptly terminating the process. For reference, the complete automated process is shown in the image below.

Once the installation is complete, the coin selection screen for the installation will no longer be available and the coin selection screen will now be this one:

As you move forward in the script, everything is related to the coin selected in the main menu. In this case, it is Sapphire. Moving forward in the script, everything is related to the coin selected in the main menu. In this case, it is Sapphire.

This option will reinstall the masternode wallet.

All the tasks related to the multinodes can be performed within this option. The available options are List, Add, and Delete.

This option will open the menus to view the statistics of the wallet and the statistics of the masternode.

A handful of wallet management tools such as wallet update, bootstraps, peers management, addnodes, restart service, and delete wallet will be available in this option.

This option will perform a new installation of the masternode wallet in the system. This action will delete all previous files related to the previously selected coin. A warning screen will be displayed after selecting this option, informing the user about the upcoming steps related to the action.

When selecting [4] Wallet management, a screen will appear with options to fully manage the masternode wallet.

[1] - Update wallet

Similar to the "Wallet statistics" options we checked earlier, the wallet version from Github and the wallet installed in the system will be displayed on the screen before confirming to update the wallet. This method will not destroy the already set masternode; it will only change the binaries related to the wallet and restart the service (not the masternode). Such a process is useful in case of a mandatory wallet release or any other wallet release that needs to be updated.

[2] - Apply bootstrap

This option downloads an official bootstrap from the Decenomy Explorer and replaces the existing files with the newly downloaded ones. The bootstrap is used in cases where a fast sync is needed or when a fork in the wallet is detected. It's the safest way to quickly synchronize to the current blocks of the blockchain in question. This method does not destroy the already set master node, it only changes the chain block related files.

[3] - Clean peers and banlist

In some cases of extremely poor connectivity, it may be necessary to clean certain files such as peers.dat and banlist.dat. This option will perform this process and restart the wallet service. This method will not destroy the already set masternode; it will only clean the peers.dat and banlist.dat files.

[4] - Connections management

This option runs the method for adding connections, also known as addnodes, to improve connectivity.

• List of extra connections on the wallet This option lists the connections that were previously added.

• Add connections to the wallet This option provides an easy method to add connections, along with a guideline to assist in the process. Please note that it's only possible to add one connection at a time. The connection to be added must have the following format addnode=188.40.85.215:45328 otherwise, it will not work properly.

• Delete connections from the wallet This option provides an easy method to delete connections. You only need to type the number of the line (the number before the word "addnode") and press enter to delete it. Please note that it's only possible to delete one connection at a time.

[5] - Restart service

Because several routines in this script have a built-in service restart, we recommend that you only use this feature for isolated scenarios, such as collateral changes or in the event of a service failure.

[6] - Delete wallet

This is an easy way to delete the wallet. This method will remove all references to the wallet in the system as well as the masternode. Since the UserID is created each time the wallet is installed, it will also be deleted in this delete wallet routine. Once this process is complete, the coin select menu will appear as if the wallet for the selected coin had never been installed.

If you select [5] Others, a screen appears with random options that are not suitable for other menus.

[1] - Update this script

This option can be used in case of a script update. The script will assist the user by reading the latest version presented on GitHub and currently installed on the system (the version in use). The user will then be prompted to decide whether or not to upgrade. ( The same menu can be accessed directly from the main menu option number 18 )

[2] - File System

Important information about the file system and file location related to the environment base described earlier.

When selecting [3] Stats Wallet and masternode, a screen will appear with options to choose the desired type of statistics.

[1]- Wallet statistics

A comprehensive overview of all the information needed to keep track of the wallet associated with the masternode.

Section 1

The wallet version is displayed in this section, which shows the latest version presented on the GitHub repository of the coin being managed, as well as the version currently installed on the user's system.

Section 2

A more detailed check is provided to give an overview of the installed wallet and its performance:

• The protocol version number of the running wallet.

• The number of incoming and outgoing connections, providing an overall report on connectivity with the network.

• Whether or not the wallet is synchronized with the blockchain.

• The last block the wallet captured from the chain.

Section 3

Using the latest block available on the explorer, the script pings the Decenomy explorer to get the exact hash of that block. The same procedure is done with the wallet, using the same block number used to ping the explorer. Ideally, the results should match. If they don't, we can easily identify a possible fork state of our wallet (or the network).

The "Reload Information" option is a simple action that refreshes the screen content to provide up-to-date information. This option can be selected as often as necessary.

If any of the reported information is incorrect, the "Wallet Management" option will be useful. It takes the user to another screen with numerous options for managing the wallet. This option is also available directly from the "Coin Selected" menu.

[2] - Masternode statistics

Detailed information about masternodes running in the system

• Multinode Status Displays information about the entire broadcast of the multinode

• Masternode Status Retrieves information about each masternode and reports its status on the network. Status: 4 is the default to report that it is running correctly.

[1] - Reload information

This option is a simple action that refreshes the screen content to provide up-to-date information. This option can be selected as many times as needed.

[2] - Masternode status complete info

Classic view of each masternode, with more detailed information about its status in the network

[3] - Masternode on explorer

This option will ping the Decenomy explorer using the VPS IP to check if the masternode is actually running and broadcasting information to the blockchain. This process and the information provided will help avoid the need for the user to check the explorer themselves, making this tool the only place needed to check the real state of the masternode.

[4] - Wallet management

If any of the reported information is incorrect, this option will be useful. It will take the user to another screen with numerous options for managing the wallet. This option is also available directly from the "Coin Selected" menu.

One place to manage everything related to multinode.

[1] - List of masternodes in multinode List

This section lists all the multinodes already installed in the system, taking into account the previously selected coin.

The multinode result is always sorted by the alias and then by the masternodeKey.

[2] - Add masternode to multinode List

This option allows you to add new multinode configurations and view those that have already been created or are currently being created.

Section 1

It displays the same information as the previous option for listing multinodes.

Section 2

This is a guide to help you easily understand how to fill out the multinode file.

Section 3

The multinode information must be entered in steps. First, the alias is requested, and then only the masternodeKey is requested. In this last step, the key can be entered manually or generated automatically by pressing the Enter key.

This screen also shows the previously introduced alias as a reference.

[3] - Delete masternodes from multinode list

This is an easy way to delete previously introduced multinode information.

Each line is numbered, making it easier to select the exact information to be deleted. After the selection is made, a confirmation screen is displayed and upon confirmation, the screen is updated with the final information.

First, let's open our wallet (in this case Sapphire). After this, as we can see in the image below, there is a padlock icon that is used to encrypt our wallet.

It is important to encrypt our wallets to ensure greater security for our coins.

Now let's click on the padlock icon and the following window will open. We recommend that you put a secure password that is not already used elsewhere.

It is important to take care not to lose this password because without the password it will no longer be possible to access funds.

Then we click the "OK" button

A further confirmation screen will open and we will click the ENCRYPT button.

Once this is done, a further confirmation window will open and the wallet will be closed to complete the operation.

Now we can restart our wallet for the encryption to take effect. You will be required to enter your password anytime you send funds or perform other operations that require it.

This is important to ensure that your wallet is up to date with the latest security features, bug fixes, and other improvements.

In this guide, we will explain how to update a wallet:

Let's start by opening the wallet, in this case, Sapphire, to verify the wallet version located at the bottom left of the wallet window.

We can check for updates through our official channels (Twitter, Discord, website, or directly on GitHub)

After we have verified that there is an update (in some cases the updates are mandatory otherwise the wallet will stop working) we have to download the latest version. For Sapphire, you can locate it on GitHub using the following link:

To access the latest version on GitHub, simply copy and paste the GitHub address into the address bar, as shown in the image below:

Once you are on GitHub, Click on the RELEASES link as shown in the image below:

This screen will appear:

Apparently, the latest version is v1.5.2.1, which differs from our current wallet version (v1.5.2.0).

Now, we need to select the appropriate version for our operating system, which, in this instance, is Windows. For Windows, you should choose the file named 'SAPP-1.5.2.1-Windows.zip'.

Once the file has been downloaded, we can go back to our wallet to close it.

Once this is done, go to the download folder and extract the zip file which contains the new version of the wallet as in the image below:

Once the file has been extracted we can copy "sapphire-qt" and paste it into the Sapphire wallet folder on our computer. This will replace the previous version.

An easy way to locate the Sapphire wallet folder is to find the "Sapphire Core" shortcut on our desktop. Right-click on the icon and select "Open file location" as seen in the image below:

Upon selection, you will be directed to the correct folder where you should paste the 'sapphire-qt' file. Confirm the replacement of the file, and you're all set to proceed.

Now you can start your wallet, which has been updated and is now ready for use.

In case there are any synchronization problems with your wallet, it is useful to know how to use a bootstrap (i.e. an archive containing the blockchain files). It is highly recommended to backup your wallet.dat file before making these operations. If you don't know how please refer to our guide “How to make a backup on a USB stick” Done this, if your wallet is open you have to close it.

So now let's go to the site as in the image:

After that, we choose in the bar at the top the coin that interests us (in our case Sapphire), and we click on the link in the table below as in the image:

This takes you to the overview page of the coin in question. In our case, we got sent to the landing page of the SAPP coin.

NB: Alternatively, you can access the overview page of any Decenomy coin by choosing "Overview" from the menu on the far left of your screen.

What we have to do next is locate the "download" button as indicated in the image below and click on it to start downloading the bootstrap file onto your computer.

Once this is done we have to go to the taskbar (in this case Windows).

Type in the search box %appdata% and press enter.

Afterward, a screen containing multiple folders will appear, and you should select your specific folder (in this case, Sapphire) and click to open it.

See image:

Now we need to delete some folders and files, as highlighted in the image: it is important not to remove the "wallet.dat" file and the "backups" folder.

Once this is done we will see the folder as in this image:

Now we can go to the downloads folder to extract the files from the previously downloaded bootstrap. As in the picture:

So let's copy the folders as in the image:

Then we paste the files into the AppData \ Sapphire folder (where we previously deleted the files and folders).

As in the picture:

Now as we can see in the next image there are the folders that we have just extracted

We can then restart the wallet (in this case Sapphire) to check the status of the synchronization.

In the box at the top right, you can see the status of the wallet synchronization.

This guide explains how to optimize staking and solve the most common problems.

We open our wallet (in our case SAPP), and let's make sure staking is active.

Staking optimization

When staking, the larger the address balance the more will be earned. However, when we receive a reward, the coins are spent and it is necessary to wait for 600 confirmations to be available again for staking (mature)

It is therefore useful to divide the coins into different inputs through the setstakesplitthreshold command.

Whenever a successful stake is found, the stake amount is split across as many outputs (each with a value higher than the threshold) as possible.

E.g. If the coin stake input + the block stake reward is 30280, and the split threshold is 3400, the corresponding coinstake transaction will have 9 outputs (of 3400 SAPP each).

It is also possible to set the split value from the UI, Settings→Options→Wallet

Another useful command to know is setautocombinethreshold. Periodically the wallet will look for 'dust' in your addresses, and combine them up to the number of coins set in the configuration setting.

The command setautocombinethresholdtrue value will enable a feature that will automatically combine all staking / masternode rewards you receive into one input, up to the amount that you specify with the value.

So, if you want your minimum input size to be 5000 SAPP via the user interface, then you would want to follow the steps below:

1. Go to 'Settings' from your wallet

2. Select 'Options'

3. Choose 'Wallet' from the dropdown menu

4. Check the 'Autocombine threshold' checkbox to display the input box

5. Enter a value (e.g. 5000)

6. Click 'Save' to store changes

Once done, any inputs less than 5000 will be swept into a new input, repetitively until the combined threshold is exceeded.

Once that threshold is exceeded, the grouping begins with another input. Your wallet MUST be unlocked when a reward is received for this to take effect.

Common problems

We can check the staking status in detail with the following command getstakingstatus

Below is an explanation of the result of the command.

• "staking_status": true|false, (boolean) whether the wallet is staking or not

• "staking_active": true|false, (boolean) whether the wallet is active or not

• "staking_enabled": true|false, (boolean) whether staking is enabled/disabled in sapphire.conf

• "haveconnections": true|false, (boolean) whether network connections are present

• "mnsync": true|false, (boolean) whether masternode data is synced

• "walletunlocked": true|false, (boolean) whether the wallet is unlocked

• "stakeablecoins": n, (numeric) number of stakeable UTXOs

• "stakingbalance": d, (numeric) SAPP value of the stakeable coins (minus reserve balance, if any)

• "stakesplitthreshold": d, (numeric) value of the current threshold for stake split

• "lastattempt_age": n, (numeric) seconds since the last stake attempt

• "lastattempt_depth": n, (numeric) depth of the block on top of which the last stake attempt was made

• "lastattempt_hash": xxx, (hex string) hash of the block on top of which the last stake attempt was made

• "lastattempt_coins": n, (numeric) number of stakeable coins available during the last stake attempt

• "lastattempt_tries": n, (numeric) number of stakeable coins checked during the last stake attempt

For staking to be active, the first six values must necessarily be "true". Below we explain how to solve the most frequent problems you might encounter.

• haveconnections: if false, you don't have connections to the coin network. Make sure you have internet access, consider the port being blocked or bad connectivity.

• walletunlocked: if false, click the lock icon in the top right, select staking only, and enter your passphrase.

• mnsync: if false, wait 20 minutes. If still false, consider deleting mncache.dat and mnpayments.dat files from the data directory.

• staking status: if all of the above is True and this is still False, first try, close the wallet for 30 seconds, open and unlock (if encrypted), and wait 5 minutes.

That’s everything you need to know about staking.

In case we have problems connecting our wallet to the blockchain we need addnodes (peers).

In this guide, we will explain in a few simple steps how to add peers to your wallet.

First of all, let's open our wallet (in our case Sapphire)

Now we go to the top right and we will see the configuration file icon (in our case sapphire.conf).

As seen in the following picture

Now click on the configuration file icon to open it.

In case Windows asks us which program we want to use to open it, it is advisable to choose Notepad.

Then we click on the coin to access the "Overview" page.

As we can see on the next screen, we can choose "Network" from the left menu.

Now we choose from the list the option that corresponds to the version of our wallet (in this case 1.5.2.1)

The version of our wallet can be found at the bottom left when the wallet is opened.

Now we click on the "node list" button next to our preferred wallet version, this window will open and we copy the addnodes.

We go back to the Notepad to paste the addnodes.

Now we can save and close the configuration file as seen in the picture below:

Once this is done, we close and restart our wallet to apply the changes. Now our wallet is ready to be used!

In this guide, we will explain how to stake our DECENOMY coins.

First of all, let's open our wallet (in our case SAPP). In order for staking to be active, our coins must have at least 600 confirmations (about 10 hours).

A second requirement is that the wallet is unlocked. To do this we can click on the padlock icon at the top right.

Make sure to choose the “Staking only” option!

Once this is done, the staking icon will activate. To be able to stake, the wallet must always remain open.

If staking is not activated, you can use the getstakingstatus command in the debug console to gain more insight into the root causes of the issue.

So let's open our Decenomy wallet (in this case the Sapphire wallet).

Now we are going to explain the following functions step by step

1. Home

2. Send

3. Receive

4. Contacts

5. Masternodes

6. Settings

Home

On the "HOME" window, we can see the following:

• Total (the total of the coins owned)

• Available (the total amount of coins that can be spent)

• Locked (the total number of coins locked in the Masternodes)

• Immature (the coins that do not yet have enough confirmations to generate staking)

• Pending (coins received in unconfirmed transactions)

The HOME window also provides transaction history and a means to filter the results:

• All (you can see all transactions)

• Received

• Sent (transactions sent)

• Mined (coin mined or generated through mining)

• Minted (coin generated by staking)

• MN reward (coin generated by the masternode)

• To yourself (transactions sent to ourselves)

Through this filter, we can only view the transactions that interest us.

Beside the filter is the dropdown menu for sorting. We have the following options at our disposal:

• Date desc (from the most recent to the oldest transaction)

• Date asc (oldest to newest)

• Amount desc (from largest to smallest transaction)

• Amount asc (from smallest to largest)

On the far right section of the HOME window, we can see the following:

• Synchronized Block (shows us the status of the wallet synchronization)

• Staking active (indicates if staking is active)

• Staking disabled (staking is disabled)

• sapphire.conf (used to open the wallet configuration file)

• masternode.conf (used to open the masternode configuration file)

• Debug Console (to manually give commands to the wallet)

• Active connection(s) (the active connections in our wallet)

• Unlocked Wallet (used to unlock the wallet for any operation)

• Lock Wallet (used to lock the wallet)

• Staking Only (the wallet is unlocked only to allow staking)

• Dark Theme (used to switch from dark to light theme and vice versa)

• FAQ (frequently asked questions about the wallet)

• All visible (used to reveal or hide wallet details)

• Total Hash Rate (the total hash rate of the blockchain in question)

• Masternodes (shows the number of masternodes created and if they are running or not)

• Wallet Hash Rate (hash rate of wallet when staking is active)

• Collateral (value of current collateral)

In this section of the HOME window, we find the statistics of both staking and masternode rewards.

Send

On the Send window, we can see.

• SAPP address or contact label (where we enter the recipient address )

• Amount (to enter the amount of coins to be sent)

• Address label (optional field, if the address is in our contact list the label will be displayed)

• Customize Fee (this option is used to customize our transaction fee)

It is advisable to use this option only if you are an expert user.

• Clear all (used to clear the fields seen previously)

• Add recipient (used to add additional recipients)

As we can see, a field has been added where you can enter both the address and the number of coins for a second recipient of our SAPP.

On the right, we find three dots where there is the option to add or remove this address from the contacts.

• Send (used to send the coins)

• Coin Control (used to select the inputs to spend and to block or unblock them)

• Change Address (to select a custom change address)

• Open URI (used to open a payment request from the web)

Coin Control

• Amount (the sum of the coins of the selected inputs)

• Quantity (the number of inputs selected)

• Fee (the preview of the transaction fees)

By clicking on the checkbox you can select or deselect the inputs that will be spent in our transaction.

Pressing OK confirms the changes made.

Change Address

This is used to customize the address for receiving the unspent coins when we transfer our coins.

Open URI

It is used to open a payment request from the web.

Reset to default (is used to cancel all changes made)

Receive

• QR (the QR code associated with our SAPP receiving address)

• Add Label (used to assign a label to a generated address)

• Generate Address (used to generate a new address)

• Copy (to copy the address)

• Create Request (used to generate a QR to request a payment)

• My Addresses (list of our addresses)

Create Request

• Amount (insert the coins we want to request)

• Label (label to be associated with our payment request)

• Description (optional comment)

• Generate (used to generate the QR code)

My Addresses

• by Label (order by label)

• by Address (order by address)

• by Date (order by date)

Contacts

• Add new contact

You can save a contact

Masternodes

On the masternodes window, we can check the status of our masternodes and access some functions for their control.

• Info (used to see the information of your masternode)

• Start (to start the masternode)

• Delete (to delete the masternode)

• Reload ( used to reload masternodes)

• Create Masternode Controller (used to access a guided configuration of your masternode)

• Start Inactive/s (to start only inactive masternodes)

Here are some of the masternode states

ENABLED: Your masternode has been enabled and is running on the network

ACTIVE: Your masternode has been activated and is running on the network

NEW_START_REQUIRED: Your masternode needs to be restarted. Go to your local wallet and start your masternode

EXPIRED: Your masternode is not on the network. Simply restart the alias and wait 15 minutes. If that doesn't work, set up your masternode from scratch using a new transaction ID

REMOVE: Your masternode is down and removed from the network. Simply restart the alias and wait 15 minutes. If that doesn't work, set up your masternode from scratch using a new transaction ID

Settings

• Wallet Data (access wallet features)

• Tools (access some utilities)

• Options (generic wallet settings)

• Debug (access console and repair options)

• Help (frequently asked questions)

Wallet Data

• Wallet (from this section you can back up your wallet or change your password if encrypted)

• Export Accounting (you can export the transaction history or your contacts in Excel format)

Tools

• Sign / Verify Message (from this section it is possible to sign a message to prove that you are the owner of an address, or to verify a signed message)

• BIP38 Tool (in this section it is possible to encrypt or decrypt a private key address pair)

Options

• Main (generic wallet options, for example, such as automatic start when the PC is turned on

• Wallet (from here you can change some connectivity options or staking settings)

• Display (you can change the language, the number of decimal units visible, or hide the staking graph)

Debug

• Information (wallet information such as synchronization status, number of connections, and wallet version)

• Console (used to access various wallet control commands)

• Console input (here you can type the desired command)

Below we list some of the most frequent commands

• help (a command that shows us the list of all available commands)

• getinfo (show wallet information such as version, protocol, blocks, and connections)

• listtransactions (show a list of the most recent transactions)

• addnode (to add new peers)

• createmasternodekey (to generate a new masternode key)

• getmasternodeoutputs (to see the list of eligible transactions to start a masternode)

• setstakesplitthreshold (used to divide your coins to optimize staking)

Wallet Repair

• Salvage wallet (try to recover private keys from a corrupt wallet)

• Rescan blockchain file (search for missing transactions in the entire blockchain)

• Recover transactions 1 (recover transactions from the blockchain while keeping the metadata)

• Recover transactions 2 (recover transactions from the blockchain without keeping the metadata)

• Upgrade wallet format (update the wallet.dat to the latest format)

• Rebuild index (rebuilds the blockchain indexes)

• Delete local blockchain (deletes all local blockchain files to synchronize the wallet from scratch)

• Rewind blockchain ( reverse the blockchain to the last checkpoint)

• Rewind blockchain to last week ( reverse the blockchain to the last week)

Help

• FAQ (opens a new window of frequently asked questions

• About SAPP (Opens a new window with information on the software)

All DECENOMY coins use the same base code (DECENOMY standard wallet). So this guide is valid for all DECENOMY coins!

One way to backup your wallet is to save a copy of the wallet.dat file on an external device.

First of all, we insert our USB stick into the PC and open our wallet (in our case the SAPP wallet), then go to the bottom left and choose the settings cog.

• 1 Settings

• 2 Wallet Data

• 3 Wallet

As seen in the image below:

Once this is done, as you can see in the image, the backup wallet menu will open, click on the folder icon on the right as in the image below:

After that, a window will open where we can choose the destination for our backup file

• 1 look for our USB stick and click on it to select it

• 2 let's choose a name for our backup

• 3 click on save

If the operation went well, this will appear:

If in case you need to restore your backup, the name to use will be "wallet.dat"

What is a Fork?

A fork in the context of blockchains is when changes are made to the blockchain's protocol which usually results in two separate versions of the blockchain.

Because blockchains are often updated to ensure security and embed new features, there is the need to be on the lookout for instructions on how to update your wallet if it's mandatory.

Failing to respond promptly to upgrades can result in your wallet being associated with the incorrect blockchain.

Possible Scenario your Wallet might be Forked

For example, you might have activated staking for a Decenomy coin, and in a short period, you realize you have received an outrageous amount of staking rewards.

In such an instance, there is a possibility your wallet might have been forked. This means your wallet is on the wrong chain and these rewards earned are useless. Once the issue is resolved, these rewards will not show in your wallet as they aren't real.

Verifying a Wallet Fork

Once you suspect a wallet fork, the following steps will help you to confirm if it's truly a fork. We will use SAPP for demonstration purposes.

• Open your wallet and go to "SETTINGS", then select "Debug". Next, you choose "Information" from the dropdown menu. We then navigate to the "Blockchain" section on the left side of the screen.

• The information of interest is: 1. Current number of blocks: 2360341 2. Last block hash: 616851ded4d975e3dc331a0ecf894bd5814a4b27aaf5e46118bd1adf8e8b8b0d

On the SAPP explorer, we compare the "Current number of blocks" and "Last block hash" from the wallet to ensure they match.

If we confirm the block hashes of both the wallet and the explorer are the same, then our wallet is on the right chain. However, if the hashes are different, then it indicates a fork.

NB: In some cases, it is preferable to use previous blocks in our wallet as bases for the comparison. This is because new releases have self-fork management and the explorer takes a while to index. This causes a difference in the hashes when using the most recent block.

To check the hash of a specific block in our wallet, we do this instead:

• Open your wallet and go to "SETTINGS". Next, we choose 'Debug' and then 'Console"

• We use the command getblockhash with the block number we want its hash. e.g., getblockhash 2360331

We get a response with the hash as shown in the image below:

We then have to compare the hash to that of the explorer to see if they match

Resolving a Fork

• Go to "SETTINGS" in your wallet. Select 'Debug' and then 'Wallet Repair'. Scroll down to the end

• First, we start by selecting the "Rewind blockchain to last week" option

• If it doesn't resolve the issue, we then proceed with the "Rewind blockchain" option. Hopefully, that should put your wallet on the right chain.

First of all, we insert our USB stick into the PC. After that, we open the USB stick folder and navigate to the backup file.

Let’s now copy the file

After that, we have to navigate to the wallet data directory located in %appdata% as shown in the picture (Windows 11).

We can now open the coin’s folder we are looking for (in our case Sapphire)

NB The file name must always be wallet.dat so we need to rename the old one first.

We can now paste the file we copied previously from the USB stick

As a final step, we rename the file to wallet.dat

The wallet is restored and we can start our Sapphire wallet.

NB: As mentioned earlier, make sure the wallet file name is wallet.dat, or else your wallet will not recognize it. Secondly, do not move or rename other files or data directories.

How to stake on a VPS

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

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.

Required

Step 1 - Terminal Emulator ( VPS )

wget -q https://raw.githubusercontent.com/decenomy/mnscript/main/decenomy.sh && bash decenomy.sh

Note: After the first run, the script will convert the file " decenomy.sh " into an executable file named decenomy. Therefore, the user can simply type the following command at the terminal prompt to run the script the next time: ./decenomy Your terminal emulator will display a screen like the one shown below:

Leave the terminal emulator in this state so that you have access to the VPS IP shown above, which will be used in the next step for the Local Wallet.

Step 2 - Local Wallet

Once the collateral is created, please open the masternode.conf file by selecting the icon in the upper right corner and using your preferred text editor.

The contents of the file will always be organized in the same order.

Example: mn1 127.0.0.2:45328 P3HaYBVUCYjEMeeH1Y4sBGLALQZE1Yc1K64xiqgX37tGBDQL8Xg 2bcd3c84c84f87eaa86e4e56834c92927a07f9e18718810b92e0d0324456a67c 0

Format: alias IP:port masternodeprivkey collateral_output_txid collateral_output_index

For the next step, we will need the masternodeprivkey information, which is different and unique for each masternode collateral created. In this example, we will have three masternodeprivkeys for each of the three masternode collaterals created.

Step 3 - Adding masternodeprivkey to Multinode

At this point, we should already have: - A local wallet with sufficient funds that has created the necessary collateral. - A running wallet on our VPS with the masternodeprivkey entered in the multinode list. This information comes from the local wallet. On the terminal emulator, on the script side, follow the instructions: Coin Selected - Wallet and masternode stats - Masternode Statistics We should be able to see the following information, indicating that three masternodes have been created, but are still disabled:

When we reach this point we can go back to our local wallet and start the masternodes by clicking on the "Start all" button. Note: If you are adding more masternodes to those already created and enabled, please use the three dots at the end of each masternode line and select "Start". Otherwise, the "Start all" button will reset your already enabled masternodes.

After executing the start command on the local wallet, if we reload the information available to our script running on the VPS, we can see that our masternodes have become active on the network.

Going deeper into the script, we can see the classic masternode report with status 4. To do this, select option 2, "Masternode status complete info". This will give us more detailed information about the status of our masternodes in the network.

Last level to check if the masternodes are active and running in the network we can go back to the screen and select option 3 - Masternode on Explorer. This will provide absolute proof that the masternodes are up and running on the network.

The masternodes are properly installed and active. As soon as they ping the network (approximately every 2 hours), their status will change to "ENABLED" and stay that way. At this point, the local wallet can be turned off without affecting the masternode rewards received, as they are tied to the blockchain and not the wallet's status. The VPS, however, needs to remain always on so that the masternode stays online for the network.

Choose a Project

Before proceeding with masternode deployment in the Flits Wallet App, it is crucial to carefully select your desired project and familiarize yourself with its specific masternode requirements.

Secure Your Wallet

Fund Your Wallet

You'll need to have the required amount of coins in your wallet to meet the collateral requirement for the masternode.

Deploy Your Masternode

Let's open our wallet (in this case Monk)

The collateral has increased from 4000 to 8000 Monk and apparently from the masternodes menu our masternode is missing.

We need to unlock the old collateral (the previously blocked 4000 coins transaction).To do this we go to

• Send

• Coin Control

Now a window will open, as we can see in the image the masternode transaction is labeled with a padlock icon.

We have to right-click on it and choose "Unlock unspent" from the list to unlock it.

Now we need to send a new 8000 Monk transaction to ourselves.

So

• Click on Receive

• Generate a new address

• Modify the label (we use the name of the old masternode again in our case MN1)

• Let's copy the address

Now let's go to the menu

• Click "send"

• Paste the address

• Insert precisely 8000 in the amount

• Click send

Now we click send to confirm the sending of the funds.

Now let's go back to the home screen and we can see that the payment to ourselves is confirmed after 6 confirmations (about 6 minutes).

Now let's go to the Debug Console and click on it.

The debug console will open where we have to enter the command below:

• getmasternodeoutputs

Press enter to get the following information

• hash of the transaction

• outputidx

Let's go to masternode.conf and click on it.

This will open Notepad and we will need to replace the following:

• hash of the transaction

• outputidx

From the console we copy

• hash of the transaction

• outputidx

Let's replace them in Notepad. We the save the file after the changes and restart the wallet.

From the home screen

• Click on masternodes

• Click on the three dots and choose start

Now that the collateral is up to date, our node is ready!

To get our VPS we need to purchase it from a hosting provider.

Step 1 - Account Registration

• We will need to create an account and use either our credit card or PayPal as a method of payment. Once we are done, we will have access to the control panel.

Step 2 - Ordering Process

• Now let's choose the "VPS" option under the 'New Order' section.

• On the next page, we select the 'CLOUD VPS S' option

Step 3 - VPS configuration

• Next, we need to configure our VPS by choosing the server location, preferably one nearest to our location. In this case, we choose 'European Union (Germany)'.

• We also need to choose the 'Storage Type' i.e. 200 GB SSD

• Whiles on the configuration page, we specify our Image: 1. Ubuntu 2. Select Ubuntu 22.04 from the drop-down menu

• Next, we have to set a password for our server. There is also an option to generate a new password.

Step 4 - Payment

• Once we are done with the server configuration, we proceed to complete the payment.

Step 5 - Connecting to the VPS

• We will receive a confirmation email when our order is successful. In the email, we will find details of our VPS (e.g. IP address and user name)

The connection to the VPS is now successful.

In today's digital age, cryptocurrency exchanges are the gateway to the exciting world of digital assets. Whether you're a seasoned trader or just starting your crypto journey, having a secure and verified exchange account is crucial.

These comprehensive guides are designed to walk you through the essential steps of creating and verifying your Birake account, depositing and withdrawing, and trading.

By the end of this tutorial series, you'll have a verified Birake account, ready to trade, invest, or explore the possibilities that the crypto market has to offer.

Summary

What is a Terminal Emulator

A terminal emulator is a computer program that replicates the functionalities of a physical computer terminal. With the help of a graphical user interface (GUI) or a command-line interface (CLI) users can interact with an operating system (OS).

Terminal emulators are commonly used to access and control remote computers or network devices. They provide a way to enter commands, execute programs, and manage files on a computer system. Popular terminal emulators include programs like PuTTY, iTerm, and Terminal on macOS.

How to use PuTTY

Step 1

Step 2

• Open the client and input the IP address and port of your VPS

• Ensure 'SSH' is checked

• Click on the 'Open' button to initiate the connection

NB: You might be required to accept an SSH certificate if it's your first time connecting to the VPS.

Step 3

• Next, you will be required to log in using your username and password

• Press "Enter" on your keyboard once you are done. You will then have access to your server as seen in the image below:

In this quick and easy tutorial, we'll walk you through the steps to deposit and withdraw your assets on the Birake exchange platform. Let's get started!

Deposits

• While logged in to your account, navigate to the top menu bar and select "Deposit / Withdraw". We are going to use Bitcoin (BTC) for demonstration.

You will be sent to the deposit and withdrawal page. From there we choose

1. BTC from the drop-down menu

2. Select Deposit

3. And copy the address provided

We can now send our Bitcoins to the newly copied deposit address.

After about a few minutes we will have our Bitcoins on Birake, as we can see from our Current balance:

Withdrawals

• To initiate a withdrawal, you need to go to the deposit and withdrawal page from the main navigation menu. In this case, we will be using Sapphire (SAPP) for demonstration.

• Select SAPP from the dropdown menu

• After choosing SAPP,

1. Click on WITHDRAWAL

2. Then Click on WITHDRAW NOW

On the bottom left of our window is where we have our current balance.

• Now let's open our Sapphire wallet

1. Click on Receive

2. Copy the address

• Once the address has been copied, we return to Birake.

1. Click on AVAILABLE (to withdraw the full amount available)

2. Paste the address previously copied from our Sapphire wallet

3. Click WITHDRAW

• We confirm and wait for the withdrawal request to be processed.

• We will then check our Sapphire wallet in a while to confirm receipt.

The Birake Exchange's referral program offers traders, influencers, content creators, and more the chance to earn a steady passive income by recommending Birake. You can earn up to a 15% commission on trading fees for a lifetime.

All you need is an account on Birake Exchange. Find your unique referral link, and begin sharing it with your audience to start earning rewards in various cryptocurrencies.

How it works

Whenever someone registers an account with Birake Exchange using your link, you'll receive a share of all the fees generated from their trading activities.

The compensation for your efforts depends on the source of the fees. Your reward in cryptocurrency is determined by the trading pair. Referral earnings are deposited into your account and can be used without any restrictions.

How to Join Birake Exchange Affiliate Program

• Next, click on the 'Earn' button from the top menu bar

• Choose the 'Referral Program' option from the drop-down menu

• Once on the referral program's page, you will have access to your custom invitation link.

• You have the option to copy the unique link or share it directly on social media

The Flits Wallet App stands out as a non-custodial multicurrency wallet, empowering users to seamlessly set up masternodes with just a few clicks and at a minimal fee. In addition to providing a user-friendly platform for masternode hosting, the app ensures the secure management of various Deconomy coins and well-known cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), and Doge coin (DOGE).

Flits Wallet App offers users:

• complete control over their private keys. This means you have full ownership and responsibility for your cryptocurrency holdings.

• a higher level of privacy since you are not required to disclose personal information. This aligns with the principles of decentralization and the ethos of cryptocurrencies.

• the possibility to manage various digital assets within a single wallet, offering flexibility and convenience.

Below are helpful guides that will help you get your feet wet with the Flits Wallet App:

This guide will walk you through the steps needed to buy Decenomy coins on Birake.

• From the top menu go to

1. Exchange

2. Then Show Markets

• Once this is done, a search bar will open where we can filter by entering a coin name. In this case, we input SAPP (Sapphire).

• Now click on the SAPP market to enter the market page with the buy and sell orders.

• Now we can proceed with the purchase. We have 0.00076163 BTC available and can buy SAPP for this value in the SELL ORDERS table.

• Now we need to click on the rows of the SELL table until the total of our order is equal to or greater than our Bitcoin balance. In our case, the second row of orders in the table gives us a total higher than our Bitcoins available.

• So you have to click on the available balance to buy the equivalence of SAPP with our BTC balance.

1. Click on the Balance

2. Click on BUY

• Now a window will open confirming the operation. Then click CONFIRM to place your order.

Birake Account Creation Process

• Click on "Create Account / Login" from the top menu bar.

You will be redirected to the account creation page where you will have to fill out the form with:

1. Your desired Account Name

2. Email address

3. The password is already generated. You just have to copy and paste it into the "Confirm password" field.

4. Select the three checkboxes to confirm you agree to the terms. Then click on the "Create an account" button to complete the registration process.

We advise you to keep your password safe to avoid any difficulties accessing your account. Please store your password securely.

Birake KYC Verification Process

After successfully creating an account, it will be necessary to verify it with an identity document. This will enable you to deposit and withdraw funds.

• Click on the profile icon at the top right corner of the screen and choose "Verification" from the list.

• Existing users are also required to undergo a new KYC process with the new provider. Please click on the 'RESEND' button, and an email will be sent containing a link to complete the KYC process.

• To continue with the verification, follow the email by clicking on the red 'Verify' button. Please note that this notification is always sent to the email address you provided during the initial registration of your account on Birake Exchange

The KYC verification process requires a smartphone so that the necessary information will be introduced. If you are already following the previous instructions on this type of device, please skip the next two steps related to the phone number, and proceed directly to the privacy policy agreement. Conversely, if you are performing this task from any computer, please follow the phone number verification process to proceed with your KYC session on the smartphone.

• To initiate the KYC process, you will be required to verify your phone number.

• Following that, you will receive an SMS on the provided phone number containing the KYC link. Ensure that you complete the process directly on your phone, as copying and pasting the link into your browser may not work.

• On the subsequent page, please agree to the privacy consent and click on 'Continue.'

• Select the 'Capture my ID' button to photograph the front page of your National ID card.

• Repeat the process for the back of your ID card by clicking on the 'Capture my ID' button.

• After the ID verification, you will have the opportunity to review your ID details. While most fields will be automatically generated, it is crucial to verify their accuracy. If any information is incorrect, you will be able to make the necessary changes.

• Check the checkbox to confirm your agreement with the consent policy once again. When you are certain that your details are accurate, click on the "My details are correct" button.

• Next, you will be required to finalize the face verification process by recording a selfie video.

• Once you have finished the KYC process, you will be notified with a success message confirming your verification.

Accounts are usually verified within 2 - 3 mins. When your account is verified you will be able to make deposits and withdrawals.