A masternode is a kind of server that stores PESP entire blockchain.
By setting up a PESP masternode you will be able to get awarded,
thus getting a passive income of PESP coins.

PESP COIN Masternode Setup

  • MN Collateral (10,000 PESP) amount of PESPCOIN.
  • A VPS running Linux Ubuntu 16.04 or 18.04 with 1 CPU & 1GB Memory minimum (2gb Recommended) from Vultr or any other providers.
  • PESPCOIN Wallet (Local Wallet)
  • An SSH Client (Putty or Bitvise)

Connecting to the VPS and installing the masternode script

2. Git Installation
  • sudo apt-get install -y git-core
3. Clone MN setup script
  • git clone
4. Start MN setup script

For Ubuntu 16.04

  • cd PESP-MN && chmod +x ./ && ./

For Ubuntu 18.04

  • cd PESP-MN && chmod +x ./ && ./
5. Ask for VPS Public IP Address

You need to wait some time, while script preparing the VPS to setup

8. Check VPS daemon status

Type: PESPCOIN-cli getinfo

Setup QT wallet

3. Open console Get MN output and set masternode configuration file and save it

mn1 VPS_IP:9599 masternode_genkey masternode_output output_index

6. Start MN in QT wallet console:
  • masternode start-alias TEST-MN
7. Check Masternode Status in VPS:
  • PESPCOIN-cli masternode status

It will gives you output and status like "Masternode successfully started"

If you have any questions or want to learn more about PESP COIN
please do not hesitate to contact us.