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Since the creation of Bitcoin in 2008, the potential usage of cryptocurrency and its underlying blockchain technologies have captured the attention of governments, cypherpunks and private organisations over the past decade. Today, there are more than 5406 listed cryptocurrencies in the market. While the crypto space has seen some backlash from the wider ecosystem due to a growing scamming activities revolving the promotion of the easily minted ERC-20 tokens, it should not stop us from identifying genuine blockchain projects such as Ripple (XRP), Chainlink (LINK) and Ethereum (ETH), which could revolutionise the world’s industries.
In this article, we will be sharing more about the technical aspects of setting up your computer for a new cryptocurrency project which is taking the crypto space by storm. Similar to other projects in the space, Pi Network has faced numerous skeptics and allegations that it is a MLM, ponzi scheme, etc.
However, it is noteworthy to mention that based on the current development of Pi Network, it is far from being a hideous blockchain project, since users do not need to pay ANYTHING for the Pi Network token.
Pi Network (PI) is one of the first cryptocurrencies (after Electroneum, Phoneum, etc.) that claims to allow users to mine on their mobile devices. Launched in 2019 by three Stanford graduates, namely Dr. Nicolas Kokkalis, Dr. Chengdiao Fan and Vincent McPhillip. Within a short span of less than 12 months, Pi Network has quickly gained popularity among users, even though users ‘mined’ π tokens are yet to be traded on ANYWHERE, including cryptocurrency exchanges. Thus, it is up to an individual’s due diligence to ensure that they do not fall victim to scammers who are impersonating Pi Network, like the listing these scammers have posted on Coingecko at press time. Also, the blockchain-minted tokens of Pi Network tokens DO NOT have an official ticker symbol yet. Some users who were introduced to Pi Network thought that their tokens are already on an exchange with a market value. That is ENTIRELY FALSE as well.
Therefore, as we would wish to emphasise once again, Pi Network is NOT PChain (PI). Pi Network has yet to list their tokens onto ANY exchanges, until the official team announces the awesome news that every Pioneer (a pet name used for Pi Network’s users) has been looking forward to.
So without further ado, let’s skip to the topic of the day – Setup Guide for Pi Node.
Getting Started to Join the Pi Node
Unlike Bitcoin, Ethereum and Litecoin where miners require GPU processors to contribute to the mining network, Pi Network, built on the Stellar Consensus Protocol (SCP), enables their Pioneers to mine using CPU. Which means to say, that anyone with a Laptop or Desktop, running a Windows or MAC operating system will be able to contribute to Pi Network’s blockchain.
According to the long mambo-jambos written by the Core Team of Pi Network, Pioneers can participate as a Computer App, Node or SuperNode, with requirements as follow:
|Computer App(Desktop App interface)||Node(Node interface)||SuperNode(Node interface)|
|Access Pi Network application on computer||✓||✓||✓|
|Submit transactions to the blockchain||X||✓||✓|
|Verify the validity of the blockchain||X||✓||✓|
|Enable mobile app users to submit transactions||X||✓||✓|
|Participate in the consensus||X||X||✓|
|Help other Nodes or SuperNodes get the latest state of the blockchain||X||X||✓|
|Tentative Hardware Recommendations|
THESE ARE NOT CERTAIN. Just recommendations. Need to benchmark it in practice. Testnet will tell
|– 250MB free disk space||– At least 250MB free disk space- TBD1|
– At least 250MB free disk space- TBD1
|Software Requirements2||Mac, Windows, Linux (soon)||Mac, Windows , Linux (soon)||Mac, Windows , Linux (soon)|
Notes:1 – More precisely defined Hardware and Software for Pi’s Nodes will require additional data from the initial Testnet of nodes in the Selection Stage defined below in the Testnet Roadmap on how the node performs on a variety of hardware and software configurations.
2 – When installing the Node on Windows, the Microsoft Defender SmartScreen may display a warning when a new app downloaded from the internet is installed suddenly by many people. This will likely be the case for Pi Node due to our large user base. As more Pioneers accept to install Pi Node software, Microsoft defender will stop showing this warning.
Click here for more information about Pi Node, we are not going to summarise their lengthy explanation here 😉
Steps to Completing the Pi Node Setup
For those who have expressed their interest on joining the Test Node, you are likely selected to contribute via your preferred laptop or computer. Before we begin, open the Pi Network app which you have downloaded in your computer and click on ‘Node‘, followed by clicking on the orange ‘Continue‘ button.
Install the required Docker Program if you do not have this program installed in your computer. Click here to download. It will take up to 3 GB of your disk space for this program. During Installation, if there are any prompt from the Docker installation, simply Accept/Approve to complete the installation. Once done, Pi Network’s app will automatically detect Docker, allowing you to proceed to the next step.
This step requires you to allow the 10 sets (31400 to 31409) of TCP ports to be opened, on both COMPUTER and your wifi/ethernet ROUTER. In the following examples, we will be running through in Mac (High Sierra and above) environment.
Click on the Apple Icon, followed by System Preferences…
Click on Security & Privacy , select the Firewall Tab, click on the Lock icon to allow access to the Firewall Options button.
A popup box will appear. Ensure that everything EXCEPT ‘Block all incoming connections‘ and ‘Enable Stealth mode‘ are ticked.
Also, double check that Docker.app has the ‘Allow incoming connections‘ status. If Docker.app is not found, click on the ‘+’ icon and look for the Docker app icon and at them into the list.
Enable your router to accept the 10 sets (31400 to 31409) of TCP ports. First, on your desktop screen, click on the apple icon > System Preferences > Network.
After which, take note of your Wi-Fi’s Server IP address with a pen and paper / notepad.
Now, proceed to your preferred internet clear web browser (Safari, Chrome, Firefox, etc.) and go to this webpage: http://whatsmyrouterip.com
And click on ‘Open‘ as shown in the screenshot below, to enter your router’s login page.
Note: If you do not know your router’s username and password, do contact your Internet Service Provider (ISP) to obtain them.
Depending on your router, the login page may not look the same as our example. However, similar steps are made. In this example, go to ‘Port Forwarding‘, and Add a new TCP Protocol record as follow:
Server Name: Docker
External Port Start: 31400 (Internal Port Start has the same input)
External Port End: 31409 (Internal Port Start has the same input)
Server IP Address: The IP Address from Step 3d
FINALLY, after completing the Step 3a to 3f process. Return to the Pi Network’s app, and return to the Pi Node’s page, and click on ‘Check Now‘ button. The app should now register all ports as OPEN. After that, click ‘Continue‘
Congratulations! You have now successfully Setup to contribute to Pi Network for their Test Node, and subsequent contribution as one of their Main Node Contributors!
Do ensure that the Switch is Red (Turn on). Once that is confirmed, Just keep this application online in order to participate.