Masternode Setup (HW Wallets)

Creating a GIN masternode with GINware involves three parts:

Part 1: Creating your 1000 GIN transaction (known as the "collateral transaction") Part 2: Setting up your remote server as a GIN masternode (we will use the GIN Platform for the guide) Part 3: Creating the masternode configuration in GINware.

You will need:

  • At least 1000 GIN for the masternode collateral

  • Enough GIN to pay for the GIN Platform server hosting fee

  • A hardware wallet configured for GINware (see Getting Started)

Part 1) Creating the collateral transaction

1. Choose an address that you would like to use to both hold your masternode collateral and receive your masternode rewards. 2. Send exactly 1000 GIN to this address in a single transaction. You can perform the send with GINware or with another wallet, but make sure to receive it in GINware. 3. Choose the Wallet button on the main menu of GINware. 4. After the wallet has finished fetching transactions, on the left column, choose the address which received the masternode collateral. 5. On the right-hand side, click on the Transactions tab.

You should see a transaction with Direction "In", and Amount "1000.0". This is your collateral transaction. 6. If the TX Hash column is not visible, enable it with the Columns... button.

7. Go to the TX Hash entry for the new 1000.0 transaction, right-click inside, and choose Copy text. This will copy the transaction ID to your clipboard. You will need this for step 12.

Part 2) Setting up your remote server as a GIN masternode (with GIN Platform)

8. Go to the ‚ÄčGIN Platform website and login.

Before you proceed, please make sure you have deposited enough GIN to cover hosting fees ($9.90 USD/mth equivalent in GIN).

To do so, click on your balance in the top-right corner, then Deposit GIN.

9. Begin setup for a GINcoin node.

10. You can choose to pay hosting fees upfront and receive a commitment discount, or you can proceed with the Daily payments.

If this is your first time using the GIN Platform, please proceed with Daily. You can apply a commitment discount at a later time.

11. Dismiss the next step given by the platform (we completed this step in Part 1).

12. You now need to paste the transaction ID you copied earlier in step 7 into the field given, then click Continue.

13. The GIN Platform will now begin the process of building your masternode server.

This involves waiting for 15 network confirmations for your collateral transaction, which may take around 30 minutes.

Part 3) Creating the masternode configuration

14. In the main GINware window, choose the New button to create a new masternode configuration.

You should now see some new fields:

Feel free to change the name from MN1 to anything you like.

15. Back on the GIN Platform, once your collateral transaction has reached 15 confirmations, you should be greeted with a screen with some instructions, while the node is in status: Waiting start.

Use this screen to find the IP Address for your masternode. It is a series of four sets of digits 0-9, separated by the . symbol (e.g. You should find it here:

16. Copy the IP address from the GIN Platform page, disregarding the colon (:) and the port.

Then paste this IP address into the IP field in GINware:

17. Choose the Locale collateral button under the IP field.

Note: If you have made multiple masternode transactions, you will see multiple lines. Choose the entry for the transaction you want to use for the current masternode, and then click Apply.

This will fill in four fields in your masternode configuration. Only the Masternode private key field should be empty.

18. Back on the GIN Platform page, you can find the masternode private key to the right of the port:

Copy the private key, and paste it in the Masternode private key field in GINware:

19. We're now ready to start the node! First, save the configuration:

Then click Start masternode with hardware wallet.

Please check your hardware wallet, visually verify the details shown on its screen, and then approve the signing:

Then check back on GINware for a final confirmation: