Running A Masternode On Pi (LightPayCoin) Part 1

Yeah, it is possible. Proof of concept kind of thing. We are doing a full masternode on a tiny and cheap piece of hardware.

I've recently stumbled accross this PIVX fork called LightPayCoin. Limited supply, less than 5m produced and staking as well as masternodes are possible with a limited investment (1000 LPC for masternodes).

So I jumped into it and got the required coins for that masternode setup, something I wanted to try for a while but not with pumping tens of thousands of $$$ into an experiment. This is a welcome scenario with LPC, risky, sure, but not completely for nothing. They supposeldy work on the Crypto ATM front which is interesting.

So, what we need?

First, we need a wallet on our preferred desktop OS, here Windows, Linux, Mac will do as well. You can find all this stuff on the http://www.lightpaycoin.org website.

Install the wallet, get some coins, and activate staking. You need to add one line into your lightpaycoin.conf "staking=1". All explained there.

But now it's getting more interesting. For the masternode we need to get the whole thing running on Linux. They suggest to use a VPS service, but why wasting money and effort if we already have a Pi sitting around. Here I use an OrangePi Zero which you can get for ~10$. Can't beat that.

We will focus here on Armbian Bionic, that's the Ubuntu version. Other Debian based, DietPi, whatsoever may work too, but are not really supported on a wider base.

So first things first. Download and install the Armbian image, write it on your SD card, boot it up, update and configure the tiny machine to run on a static IP.

https://www.armbian.com/orange-pi-zero/

If you got that, congrats, well done for Xmas and we will continue in part 2 to come....