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SPMT

[DEVELOPMENT] Secure PIVX Masternode Tool (stable repository at https://github.com/PIVX-Project/PIVX-SPMT)

Install / Use

/learn @random-zebra/SPMT
About this skill

Quality Score

0/100

Supported Platforms

Universal

README

<a href="https://travis-ci.org/PIVX-Project/PIVX-SPMT"><img src ="https://travis-ci.org/PIVX-Project/PIVX-SPMT.png?branch=master"></a><br><br> <img src="img/splashscreen.png"><br><br>

SPMT

SPMT: Secure Pivx Masternode Tool is a software to securely manage multiple PIVX masternodes while keeping the collateral safely stored on hardware wallets.<br>Currently supported wallets:

[*] Only with firmware versions up to 2.3.4 for Model T and 1.9.3 for Trezor one

<p>Running a PIVX masternode usually requires setting up two PIVX full nodes: </p>
  1. the Masternode, that runs 24/7 (usually on a VPS) and holds no funds

  2. the Control Wallet, that holds the collateral and does not need to be always on-line. <br> It is used only to spend rewards, to vote on proposals, or to send a message (signed with the key of the collateral) to activate the remote node when it needs to be started.

<p>SPMT allows the user to store the keys of the collateral on an hardware wallet thus replaces the control wallet, allowing the user:</p>
  • to sign with the collateral private key the start-message for the remote node and broadcast it.
  • to spend masternode rewards without inadvertently including the collateral.
  • to interact with the PIVX governance system reviewing proposals and budgets, and casting votes.

The tool connects to the PIVX blockchain through public remote servers but it's also possible to use a local running PIVX full node as RPC server or add customized remote servers. <br>

<br>

Additional References:

For an overview of how "traditional" masternodes work (without hardware wallets), see the knowledge-base guide:<br> Masternode Setup Guide

For a self-hosted masternode setup with SPMT check the following guide:<br> Self-hosted MN from scratch (by TheEconomist)

For an ODROID XU4 masternode setup with SPMT, check the following video tutorial:<br> How to setup a PIVX Masternode using SPMT and a Nano Ledger on an ODROID XU4 (by Cryptoshock LLC)

View on GitHub
GitHub Stars6
CategoryDevelopment
Updated4y ago
Forks4

Languages

Python

Security Score

70/100

Audited on Feb 24, 2022

No findings