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November 19, 2018
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Coin Information:

Name : BitcoinZero (BZX) | Website :

Links : Bitcointalk | Github | Explorer | BZX WalletsDiscord | Telegram | Twitter

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•  BitcoinZero Masternode Setup Guide

This guide is to show you how to setup a Cold node. Never ever run a so called Hot node. Hot nodes hold the collateral coins in their local wallet. If an attacker manages to access the system, they will be able to grab all your coins very easily. All masternodes guides on this site show you how to run Cold nodes. Cold nodes do not hold any coins, they are all in your local wallet. This means the masternode itself doesn't hold any coins.


•  Choose A VPS for your Masternode

If you are looking for a reliable hoster, I suggest using Vultr VPS. It is so easy to use them that a how to on getting a VPS up with them isn't really needed. If you click the below banner it will take you there. The link is a referral link and if you SignUp via it, you will Get $10 Credit for Free and also you will support to maintain and expand the infrastructure.

We will use Vultr as an example of a VPS, although DigitalOceanAmazon EC2Google Cloud are also popular choices. so feel free to choose any one you like.

For demo purpose, I’m going to use Vultr VPS and full disclosure:

I. Deploy New Server


II. Select Server Location


III. Select Server Type: Ubuntu 16.04


IV. Select Server Size: 1CPU - 2048MB Memory


V. Type Host Name (MNx), Server Qty and Deploy now

VI. You will get a confirmation email once your VPS activated.
Save your VPS IP, Username and Password from Control Panel in notepad for further steps.


Just to be sure you understand what needs to be done first:
1. Get a VPS up and running.
2. Have a local wallet that is also fully synced.
3. Have the correct amount of coins you need + some spare coins for TX fees.

This guide assumes that now you have VPS Server and your wallet is fully synced also have Masternode Collateral Amount.

Notes: Things IN CAPTIAL have to be replaced by you with the correct things. (if any)
Commands to copy and paste are in grey box.
LOCAL means your desktop wallet, REMOTE means the VPS.
We setup 1 masternode, if you want to setup more, you just have to rinse and repeat the steps.

You can easy get lost with all the stuff you have to copy and paste.
so i suggest you use below skeleton in your desktop notepad to do work easily:

Collateral Address: * YOUR COLLATERAL ADDRESS *
Masternode Private Key: * YOUR MASTERNODE KEY *
Transaction ID : * YOUR TX ID *
Transaction Index : * TX INDEX *


You can copy it as many times as needed and fill the data in you collect during the progress.


•  Collateral Sending from BitcoinZero Wallet

Open your wallet and go to:
Settings -> Options -> Wallet -> check: Show Masternode Tab
Also, check Activate Coincontrol Features.
You will need to restart the wallet.

It will start to sync blockchain. It can be several days behind depending on the time of chainfiles. Give it time, it can take long depending your network.

I. Have a local wallet that is also fully synced.

II. Click on Help, then Debug console

III. You will find the command line at the bottom of the console

Enter the following command and press Enter.

bznode genkey

You will see a long string of numbers and letters.

Please copy/paste this string to the notepad file on your Desktop (Masternode Private Key). This is the key you will need to verify your Masternode later in the process.

Enter the following command and press Enter. This will generate your new Masternode's receiving address

getaccountaddress mn1

The generated address will now be labeled as MN1. Please copy/paste this string to the notepad file on your Desktop (label section). This address will be the one that you will send your 15,000 BZX to, and the one where all future payments will go.

If you want to setup more masternodes just repeat the steps so you end up with several addresses for the total number of nodes you wish to setup. Example: For 10 nodes you will need 10 addresses, label them all.

IV. Send 15,000 BZX as Collateral to your "mn1" address

From wherever you currently hold your 15,000 BZX (exchange, another BitcoinZero wallet, even a different address in the same wallet), please send your BZX to your new "mn1" Masternode receiving address in your wallet.

IMPORTANT: You must send EXACTLY 15,000 BZX to your "mn1" address, no more, no less, to be eligible to run a Masternode!

Once you have initiated the transaction, you must wait for 15 confirmations so your address is eligible to be associated with your new Masternode. This usually takes about 20-30 minutes on average. While Waiting for the Collateral to get 15 confirmations, do VPS section below.


•  BitcoinZero Masternode VPS Installation

V. Download PuTTY and Fill your VPS Details to Connect to the VPS

Download PuTTY to connect to the server. Go to the PuTTY Download Page and select the appropriate MSI installer for your system. On Mac or Linux you can ssh directly from the terminal – simply type ssh [email protected]<server_ip> and enter your password when prompted.

PuTTY will be used to connect via SSH to systems.

Double-click the downloaded file to install PuTTY, then run the app from your Start menu. Enter the IP address of your VPS in the Host Name field and click Open. (copy/paste from email)

VI. Fill that user and password to PuTTY

Copy the default password from your VPS (Vultr) Provider sent you in email and right-click
inside the PuTTY window / press Enter
TIP : Right-clicking is how you paste into a PuTTY console window.
When you right-click paste, your password won’t be visible in the window.
Just trust that it pasted and hit enter.

Enter the following commands EXACTLY (in this order) to set up your firewall:
Please note: Make sure you enter the code in this order! If you do not, the program will not work! If need be you can disable your firewall by entering (as root): ufw disable.

Now we will configure the firewall to only allow ports 22 for SSH and for the masternode

sudo ufw allow ssh/tcp
sudo ufw limit ssh/tcp
sudo ufw allow 29301/tcp
sudo ufw logging on
sudo ufw enable
sudo reboot

After a few minutes connect back with Putty and check the status of the firewall

sudo ufw status

You will see a message saying that your ufw status is active.

Congratulations, you now have a firewall!

VII. BitcoinZero VPS remote wallet install

Install BZX from the GitHub repository. Copy and paste the following line into your VPS. Double click to highlight the entire line, copy it and right click into Putty to paste.

wget && tar -xvf linux-x64.tar.gz && mkdir .bitcoinzero

After downloaded BZX files from Github. use the following command to create config file

Configure the masternode file on your remote wallet and edit bitcoinzero.conf in the data dir :

nano .bitcoinzero/bitcoinzero.conf

Copy the following text into your notepad and replace XXXXXX with your Masternode Details


Get #addnode list to add into bitcoinzero.conf from

Fill any Random Username, Password, your external VPS IP:29301 and BZNode Private Key

Make sure to check your BZNode Privkey matches with your key in notepad file. (bznodeprivkey is the value you got from “bznode genkey” in debug window)

Press Ctrl + X to close the editor and Y and Enter save the file.

to exit the editor press

Start your BitconZero Masternode in VPS

Now, you need to finally start these things in this order
– Start the daemon client in the VPS. use the following command on VPS

./bitcoinzerod -daemon

Use the following command to confirm syncing status by checking blockcount

./bitcoinzero-cli getblockcount


VIII. Get the info for your Masternode
Go to your BitcoinZero Wallet
MENU : Help / Debug console
In the debug console type :

bznode outputs

It will display your Transaction ID (TX_ID) and Transaction Index
(TX_Index). The outputs will look something like this:
#Respond: "xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx" : "0",
# Your TXID Should be : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
# Your TXIndex Should be like : 0
Copy and paste the outputs into your temporary notepad file (TX_ID and TX_Index).

IX. Setup Masternode Configuration File

On Windows this is located at %appdata%/bitcoinzero (type this in Windows Explorer) unless you have changed the install directory. In Mac, this is in your $HOME/Library/Application Support/bitcoinzero/ and in Linux it’s typically in your $HOME/.bitcoinzero folder.

You will see an example of the Masternode configuration line. Leave it there.
On a new line, copy/paste all the info you’ve gathered so far in this format:

MNx Your_VPS_IP_Address:29301 BZNode_Priv_Key TX_ID TX_Index

Save & Close Masternode Configuration File.

TIP : To run more than one Masternode, add a new line for each one like this.

MN1 Your_VPS_IP_Address:29301 BZNode_Priv_Key TX_ID TX_Index
MN2 Your_VPS_IP_Address:29301 BZNode_Priv_Key TX_ID TX_Index

X. Start your Masternode in your BitcoinZero Wallet

MENU : Masternodes
CLICK : ‘Start Missing’ -OR- Select new Masternode and click ‘Start Alias’
You should see : “MNx successfully started.”


MENU : Help / Debug console
In the debug console type :

bznode start-alias <LABEL>

LABEL* is your Masternode Address Label (example : mn1)

The output should look like:
"alias" : "MN",
"result" : "successful"

if you have multiple masternodes and want to start all at once:

startmasternode all 0

You should see : “successfully message”
TIP : Do not restart any masternodes you already have running or you will reset the rewards and end up waiting a long time to get paid again.


•  BZX Masternode VPS Commands

To start masternode on VPS

./bitcoinzerod -daemon

To check block count

./bitcoinzero-cli getblockcount

To check masternode info

./bitcoinzero-cli getinfo

To check masternode status

./bitcoinzero-cli masternode status

To stop masternode on VPS

./bitcoinzero-cli stop


If you get stuck, have questions or you just want to meet some other cool BitcoinZero Community, check out the Discord or Telegram

A donation will be appreciated. BZX Address : XUVEFwe2sLHuHCBERuHJF7kzz8w93qid9W