XinFin invites its existing as well as new global users to set-up masternode using one-click installer function, and make an impact in the world of decentralized trade and finance.
Blockchain is a revolutionary technology that is re-defining an inevitable component of our lives, finance. It has always been debated that the world’s financial system is due for a massive upgrade in terms of trust, transparency, accountability, and most importantly decentralization. Bitcoin, the earliest and the most successful chain supports over 8,000 nodes while Ethereum has about 25,000 nodes. Most of the nodes run by these ecosystems are mining nodes that participate in decentralization and distribution of the network.
Setting up Nodes
Nodes are a necessary component when it comes to becoming a part of the blockchain ecosystem and connecting to the world of decentralized finance, also maintaining the ownership of one’s own data and funds, at the same time.
For Blockchain to reach its full potential, it is necessary to make it simple so that any common person can understand it and can run his own node.This would enable the common men (without much technical knowledge) to control their own data and finances.
Considering that, in; not a very distant future, a household fridge will successfully track the available home food supplies and will make decisions automatically, interacting with the food supply chain, at the same time. It will automatically settle accounts and access external finance using its in-built wallet. It wouldn’t be wrong to say, we are heading towards a future of one blockchain node per household. Seeing the current scenario where every household has a minimum of one computer chip, one blockchain node per household isn’t much of an overwhelming prediction.
Scalability comes with innate simplicity and the purpose of this article is to make things so simple that someone with an average intelligence also finds it easy to set up a node.
At XinFin (eXchange inFinite), our vision is not to reinvent the wheel or compete with any other network (whether legacy, centralized or decentralized), but fine-tune the work already being done in the blockchain industry so that it finds its use in the real world on a day-to-day basis. At the same time, making it interoperable to achieve a use case that runs on the fundamentals of blockchain-something that is still not fully achieved. Yes, you guessed it right!! Decentralized trade and finance.
One-Click Installer from XinFin
XinFin developer community has been working tirelessly to make XinFin tech simpler and to make it easily accessible to masses. We are happy to present a multi-platform one-click installer that makes setting up a node seamlessly easy.
XinFin invites you to join the Bounty Program and run masternode on XinFin TestNet called apothem.network.
Let’s have a look at how to set up a XinFin one-click installer.
Setting up XinFin One-Click Installer
1) Download the one-click installer: https://xinfin.org/setup-masternode.php (This option is available for Windows and Linux O/s.)
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2) Now, run the downloaded file to start the installation.
3) For installing the XinFin installer, read the PUBLIC LICENSE properly and click on “I Agree”.
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4) Then, provide a path to create your destination folder.
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5) Then, select the location where blockchain data will be stored.
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6) Now, your installation is complete.
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7) Open the folder where you have stored XinFin network files.
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8) To access the application, start XinFin.Network where you will see the node info and the hosted master node.
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9) If you want to see your blocks getting synced, you can see at your log file.
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10) You can see your master node status at apothem.network.
https://i.redd.it/j4l499nv2ry21.png
Other steps to setup masternode:
- Get XDC
- Check Your Wallet / Explorer: Livenet: https://XinFin.Network and Testnet at https://apothem.network/
Future Provisions
XinFin is developed with a vision of being an interoperable hybrid platform that can work with mission-critical, data and price sensitive legacy systems as well as decentralized networks like Bitcoin and Ethereum.
XinFin Network will be supporting interoperability for the below-mentioned platforms in the near future:
R3 Corda, Hyperledger, ETH, BTC, XRP, Stellar, EOS, Tezos, Cosmos, and Tron
XinFin invites users to set-up masternode
Whether you are a financial institution, a federal agency or a developer, you can easily set-up a masternode using the above-mentioned one-click installer guide. XinFin invites its existing as well as new global users to set-up masternode using one-click installer function, and make an impact in the world of decentralized trade and finance. So, Setup Masternode Now and be a part of XinFin ecosystem.
About XinFin
XinFin is an open source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of public and private Blockchains with interoperable smart contracts. XinFin is fully EVM compatible. For more information on XinFin, please visit www.xinfin.org or learn more about XinFin in this video https://www.youtube.com/watch?v=K-tHZkV6zAs.
Follow XinFin on:
Twitter: ( @ ) XinFin_Official
LinkedIn: https://www.linkedin.com/company/xinfin/
Telegram: https://t.me/xinfintalk
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