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Frequently Asked Questions

Masternode - Frequently Asked Questions

MN01 - How to setup a Masternode ?

You may want to read the official masternode setup guide. Or the guide for windows-linux setup that created by the community for setting up a Hot+Cold wallet.

MN02 - Why did I not receive Masternode rewards in 5 days ?

SagaCoin’s masternode reward is different from all other masternode coins. Our masternode reward is based on PoS (Proof of Stake). Calculation of winners is similar to PoW, so it is random but you will get your turn like mining did. So, sometimes you will not getting any reward in a few days, but sometimes you will win a couple of rewards in one day.

MN03 - Why did I receive less than expected Masternode rewards ?

Total SAGA rewarded for each masternode reward is also random, you will get less than 1 SAGA or you will get 30 SAGA in a single masternode reward.

MN04 - Can I setup more than 1 Masternode on the same machine ?

Current wallet supports multiple masternodes on one wallet instance, but we do not recommend it and we will modify code to limit one masternode per IP/instance in near future. The main reason for masternode is to reward your assistance to run a full node 24/7 to secure the SagaCoin network, but one machine with multiple masternode does not help to secure the network at all. Therefore if you insist to run multiple masternodes in same machine, please ensure you have multiple IP attached to the machine and run multiple wallet instances (one IP per instance). Although this is not recommended too because it does not help much in securing the network.

MN05 - Masternode Collateral - How many Coins are needed to run a SagaCoin Masternode ?

2500 SagaCoins are needed to run a SagaCoin Masternode.

MN06 - How to backup or restore my wallet ?

You will need to copy the wallet.dat file in the data dircetory when the wallet is not running. SagaCoin daemon should be shut dowen before copying.

In order to restore a backup or in case you want to move your wallet to a new computer, you have to install SagaCoin Masternode first (like normally) and then copy your wallet.dat backup ni the newly installed data directory. Please do this when the wallet (daemon) is not running.

General questions

Who is the Team behind SagaCoin ?

We are a team of a lead Developers (Blockchain and Platform Developers), a WebMaster, a Graphic Designer, a Blockchain Advisor, a Business Relationship Manager and a Project Coordinator. Soon our team will also have a Social Media Expert.

Slow syncing Wallet - Please use latest Bootstrap

You may download latest bootstrap data file from https://github.com/sagacrypto/SagaCoin_Bootstrap or https://github.com/mangae/Sagacoin_mangae . Just follow the instructions to load blocks into your wallet’s blockchain.

Link to latest Bootstrap

Bootstrap Error Message - "Error Loading Block Database"

emove data folder (Remember to backup your wallet.dat file first if you have coin in your wallet) and re-try the bootstrap script/batch file again.

Here is the data folder location:-
Linux : ~/.SagaCoin/
Windows : C:\Users\[username]\AppData\Roaming\SagaCoin\
Mac : /Users/[username]/Library/Application Support/SagaCoin/

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