Unleashing the Potential: Evernode as a Pioneering Host on Xahau Network

C4wv...2CQg
28 Jan 2024
19

In the rapidly evolving landscape of blockchain technology, platforms that offer innovative solutions and address the limitations of early decentralized applications (dApps) are crucial for widespread adoption. Evernode, a Layer-2 platform set to launch on the Xahau Network, aims to revolutionize the integration of smart contracts and decentralized blockchain applications within the XRP ecosystem. By incorporating the HotPocket protocol and the upcoming Hooks amendment, Evernode empowers XRP Ledger Accounts to function as simplified smart contracts, laying the foundation for a global, decentralized node network.

The Vision of Evernode

Evernode's primary objective is to eliminate challenges faced by early dApp platforms, such as high fees, slow transaction times, and language limitations. The platform strives to create a seamless experience for developers and users alike, fostering a wider acceptance and utilization of dApps. To support this vision, Evernode introduces the native token $EVR and invites XRP Ledger holders to become hosts, contributing to a decentralized network incentivized to facilitate various dApps in multiple languages and scales efficiently.

Airdrop Opportunity for Early Adopters

For those who held XRP on the XRP ledger through platforms like Xaman or self-custodial wallets, an exclusive opportunity for an airdrop of Evers ($EVR), the native token of Evernode, was available. However, this required users to register their XRPL wallet addresses on the Evernode website by December 11, 2023. Unfortunately, if you missed this deadline, claiming the airdrop is no longer possible. Additionally, those who operated nodes on the Evernode testnet had the chance to receive an airdrop by submitting their testnet wallet details.

Setting Up Your Evernode Host: A Comprehensive Guide

Gathering Essentials

Before delving into the technicalities of setting up an Evernode host, it's crucial to gather the essentials. This includes:

  1. Understanding of technical concepts
  2. Xahau Network-compatible wallet (e.g., XUMM)
  3. Dedicated domain name for the host
  4. Public email address for contact
  5. Minimum 500 $EVR tokens for registration fee
  6. Adequate $XAH tokens for reserves and transaction costs
  7. Linux-based machine with specific requirements

Part 1: Order and Configure Your VPS

To set up an Evernode host, renting a Virtual Private Server (VPS) is necessary. The guide recommends providers like Contabo for their affordability, reliable performance, and user-friendly interface. The Cloud VPS S package with appropriate specifications is suggested.

Part 2: Connect to Your VPS via SSH

The guide walks through the process of connecting to the VPS using PuTTY, a popular SSH client. This step is crucial for the subsequent installation and configuration of the Evernode host.

Part 3: Preparations

Preparatory steps involve updating packages on the server to ensure a smooth installation process.

Part 4: Creating a Swap File

The guide details the creation of a swap file, an essential step for optimizing system performance. It includes commands for creating, securing, and activating the swap file.

Part 5: Acquiring $EVR and $XAH Tokens

To proceed with the setup, a minimum of 500 $EVR tokens and a specific amount of $XAH tokens are required. The guide instructs on acquiring these tokens from exchanges like xmagnetic and Bitrue.

Part 6: Getting Your Domain and Email Address

Owning a domain and having a public email address are crucial for secure communication and SSL support. The guide recommends providers like IONOS for domain registration and configuration.

Part 7: Setting Up Your Evernode

The installation process begins with executing a command to install Evernode. The guide takes users through various prompts, including Let's Encrypt SSL setup, domain verification, and specifying lease amounts in $EVR tokens.

Part 8: Tracking and Managing Your Host's Performance

After installation, users can access the Evernode Dashboard to monitor host performance and view earnings. The guide provides insights into navigating the dashboard and interpreting performance details.

Part 9: Rewards

Evernode offers rewards for hosting, and the guide explores the reward schedule, highlighting the substantial rewards in the initial weeks and potential decreases as the number of hosts increases.

Stay Informed and Engage with the Community

To stay updated on Evernode developments, the guide recommends following their Twitter updates and joining the Discord community. It emphasizes the importance of staying informed about the project for optimal engagement and support.

About the Author

The guide is authored by ilaNihas, an enthusiast exploring crypto, blockchain, and Web3. With a background in IT and a passion for sports, ilaNihas combines interests in technology and blockchain, inviting readers to dive into the world of crypto together.

Disclaimer

The author concludes the guide with a disclaimer, emphasizing that the content is for educational, informational, and entertainment purposes only. It advises readers to conduct their own research, critically evaluate information, and seek professional advice when needed.
In conclusion, the Evernode guide offers a comprehensive walkthrough for setting up a host on the platform, catering to both technical and non-technical users. As Evernode strives to usher in a new era of decentralized applications on the XRP Ledger, hosting on the platform presents an exciting opportunity for users to contribute to and benefit from this evolving ecosystem.







Get fast shipping, movies & more with Amazon Prime

Start free trial

Enjoy this blog? Subscribe to eonoddo

0 Comments