This guide is for a single masternode, on a Ubuntu 16.04 64bit server(1GB RAM 25GB SDD) hosted by Digitalocean.com and will be controlled from the wallet on your local computer. The cost of this service from Digitalocean is currently $5 per month.
After you’ve got your server details, you need to go through some initial setup before you do anything masternode related. We recommend that you follow these instructions.
The basic requrements for a masternode are as follows:
For security reasons, your DRIP is kept on your local machine whilst the masternode is hosted remotely on a DigitalOcean server. For the purposes of this guide, the main wallet refers to the wallet on your local machine and the masternode wallet refers to the wallet on your masternode server.
Use our DigitalOcean referral link here to help support DRIP and to receive a free $10 credit for yourself – which will cover the first two months of your service: