Dusk Network's Incentivized Testnet: A Step-by-Step Guide to Participation
Dusk Network, a leading player in the blockchain space, has recently unveiled its Incentivized Testnet (ITN), marking a significant milestone on its journey towards the mainnet launch. This testnet presents a valuable opportunity for enthusiasts and developers alike to actively contribute to the network, evaluate its robustness, and earn rewards in the process. In this comprehensive guide, we will walk you through the steps to participate in the Dusk Network's ITN by setting up and running a Dusk Node.
Node Requirements and Setup
To begin your journey with the Dusk Network's ITN, it's essential to ensure that your hardware meets the necessary requirements. The node software has been tested on x86–64/AMD64 and ARM architectures. Additionally, you'll need a Virtual Private Server (VPS) or a personal computer to run the node effectively.
For the purposes of this guide, we'll focus on setting up a node using a VPS. Contabo, a reputable provider of VPS rentals, offers suitable options for hosting your Dusk Node. Opting for a plan with ample storage, such as the Cloud VPS M or Higher, is advisable to accommodate long-term node operation.
Once you've selected your VPS plan and completed the necessary configurations, including choosing Ubuntu 22.04 LTS as the operating system, you'll receive access credentials via email. Utilizing tools like Putty, you can securely connect to your VPS and proceed with the setup process.
Creating a Dusk Wallet
Before diving into node installation, it's crucial to create a Dusk wallet to facilitate transactions and stake your tokens. Visit the Dusk Network's official wallet portal and follow the prompts to generate your wallet. Be sure to save your recovery phrase securely, as it will be necessary for wallet restoration and verification.
To fund your wallet with test tokens for participation in the ITN, utilize the faucet provided by Dusk Network. Simply link your Twitter post and request tokens to be deposited into your wallet.
Node Installation and Configuration
With your wallet in place, you're ready to proceed with the installation of the Dusk Node software. Begin by updating and installing essential packages on your VPS, including curl, git, jq, and OpenSSL. Once these prerequisites are in place, you can install Rusk, the software responsible for running Dusk Nodes, using the provided installation script.
After installing Rusk, restore your wallet using the recovery phrase generated earlier. This step ensures that your node can interact with the network and perform essential functions securely. Additionally, export your consensus key and set an encryption password to safeguard critical network operations.
Once the initial setup is complete, start the Rusk service to initiate the syncing process. Monitor the progress by checking the log files for block acceptance updates. Stake a minimum of 1000 tokens to participate in consensus and begin generating blocks on the network. Regularly verify your staking information using the provided commands to ensure your node is actively contributing.
Maintaining Uptime and Eligibility for Rewards
To maximize your rewards potential, it's crucial to maintain a minimum uptime of 75%. This ensures that your node remains operational and actively participates in network consensus. Regularly monitor your node's status and address any issues promptly to avoid downtime and potential loss of rewards.
Conclusion
Participating in Dusk Network's Incentivized Testnet presents an exciting opportunity to engage with cutting-edge blockchain technology and earn rewards for your contributions. By following the step-by-step guide outlined above, you can set up and run a Dusk Node with ease, enabling you to play a vital role in the network's development and evolution. Join the Dusk Network community today and embark on a journey towards a decentralized future.
Disclaimer: The information provided in this guide is for educational and entertainment purposes only and should not be construed as financial advice. Users are encouraged to conduct their own research and exercise caution when participating in blockchain networks and cryptocurrency-related activities.