Singapore, Singapore, May 20, 2019 --(PR.com
)-- Blockchain is a revolutionary technology that is re-defining an inevitable component of everyone lives, finance. It has always been debated that the world’s financial system is due for a massive upgrade in terms of trust, transparency, accountability, and most importantly decentralization. Bitcoin, the earliest and the most successful chain supports over 8,000 nodes while Ethereum has about 25,000 nodes. Most of the nodes run by these ecosystems are mining nodes that participate in decentralization and distribution of the network.
Setting up Nodes
Nodes are a necessary component when it comes to becoming a part of the blockchain ecosystem and connecting to the world of decentralized finance, also maintaining the ownership of one’s data and funds, at the same time.
For Blockchain to reach its full potential, it is necessary to make it simple so that any common person can understand it and can run their node. This would enable the common men (without much technical knowledge) to control their data and finances.
Considering that, in the not too distant future, a household fridge will successfully track the available home food supplies and will make decisions automatically, interacting with the food supply chain, at the same time. It will automatically settle accounts and access external finance using its in-built wallet. It wouldn’t be wrong to say, the future is heading towards blockchain node per household. Seeing the current scenario where every household has a minimum of one computer chip, one blockchain node per household isn’t much of an overwhelming prediction.
Scalability comes with innate simplicity and the purpose of this article is to make things so simple that someone with an average intelligence also finds it easy to set up a node.
At XinFin (eXchange inFinite), the vision is not to reinvent the wheel or compete with any other network (whether legacy, centralized or decentralized), but fine-tune the work already being done in the blockchain industry so that it finds its use in the real world on a day-to-day basis. At the same time, making it interoperable to achieve a use case that runs on the fundamentals of blockchain-something that is still not fully achieved. Yes, you guessed it right. Decentralized trade and finance.
One-Click Installer from XinFin
XinFin developer community has been working tirelessly to make XinFin tech simpler and to make it easily accessible to masses. XinFin presents a multi-platform one-click installer that makes setting up a node seamlessly easy.
XinFin invites you to join the Bounty Program: xinfin.org/bounty.php and run masternode on XinFin TestNet called apothem.network : apothem.network
Let’s have a look at how to set up a XinFin one-click installer.
Setting up XinFin One-Click Installer
1) Download the one-click installer: xinfin.org/setup-masternode.php (This option is available for Windows and Linux O/s.)
2) Now, run the downloaded file to start the installation.
3) For installing the XinFin installer, read the public license properly and click on “I Agree.”
4) Then, provide a path to create destination folder.
5) Then, select the location where blockchain data will be stored.
6) Now, installation is complete.
7) Open the folder where XinFin network files are stored.
8) To access the application, start XinFin.Network where node info and the hosted master node are available.
9) To see blocks getting synced, have a look at the log file.
10) See master node status at apothem.network.
Other steps to setup masternode:
Check Wallet / Explorer: Livenet: XinFin.Network and Testnet: apothem.network
XinFin is developed with a vision of being an interoperable hybrid platform that can work with mission-critical, data and price sensitive legacy systems as well as decentralized networks like Bitcoin and Ethereum.
XinFin Network will be supporting interoperability for the below-mentioned platforms in the near future:
R3 Corda, Hyperledger, ETH, BTC, XRP, Stellar, EOS, Tezos, Cosmos, and Tron
XinFin invites users to set-up masternode
Whether a financial institution, a federal agency or a developer, can easily set-up a masternode using the above-mentioned one-click installer guide. XinFin invites its existing as well as new global users to set-up masternode using one-click installer function, and make an impact in the world of decentralized trade and finance. So, Setup Masternode: xinfin.org/setup-masternode.php Now and be a part of XinFin ecosystem.
XinFin is an open source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of public and private Blockchains with interoperable smart contracts. XinFin is fully EVM compatible. For more information on XinFin, please visit xinfin.org or learn more about XinFin in this video : youtube.com/watch?v=K-tHZkV6zAs.
Follow XinFin on:
Twitter: ( @ ) XinFin_Official