Step 1 of our course will be to select VPS Hosting Provider that best suits your needs.
Here is a list of vps hosting providers:
Google Cloud VPS
So, you may be asking yourself the following questions.
Why do I need a VPS Hosting Provider?
Most people think they can run a masternode on their local computer. While this is absolutely possible, it is simply not feasible. The reason for this is that masternodes require a dedicated static IP and 99.9% uptime to provide the best node possible for the network. Most home connections do not provide static IPs and most home users do not have a dedicated server to run these nodes on. Additionally, the cost for the connection and hardware would end up being to high.
As such, the best possible solution and low cost to the end user would be to select a VPS Hosting Provider that has a good uptime record and static IP’s at a low cost.
What should I look for in a VPS Hosting Provider?
All VPS Hosting Providers are pretty similar when it comes to end results but the best hosting providers feature an easy to use user interface that will allow even the most technologically challenged to be able to start, stop, restart, maintain servers.
Can you give a price range I should expect a Hosting Provider to run?
Depending on what you are wanting to do with the server, you can expect anywhere from $2.50 to $25 a month. Each service has a wide range of prices depending on what hardware and bandwidth is provided to the server.
What all can I do with the server?
Not only can you run a MasterNode on a server you can also run a website, blog, Discord Bot, Slack Bot, Telegram Bot. All of this is possible, but... it’s not recommended to run anything other than a masternode per server. Additional utilization of your server will be a security risk to both your server and coins if you plan on storing your coins on your masternode.
I’ve chosen a Hosting Provider, what now?
The next step will be creating a server which we will cover in the next part of our course. For this part, we will be using Vultr.