Excellent video! Everything has worked to the letter. Question, if I have my ALGO deposited in a Folks Finance deposit staking account, do I have to move 30k of ALGO into my wallet for this to work? Or, can I keep it staked while running the node? Thanks!
In "Configue" Can you explain what is the Enable P2P, and Enable P2P Hybrid Mode. Does that allow me to welcome stakers on my node ? it would be great to have a tutorial of how to go from running a node to become a staking pool
Awesome video! You're a great asset to the Algorand community. Is a Ryzen 7 (Up to 4.4GHz) mini computer with 16GB DDR4 500GB PCle 3.0 SSD enough? Thanks much!!!
Do you have a video to change the node into archival mode to have other wallets connect to the node if they don't have the 30k algo minimum? Or a doc how to set this up. Thanks I'm advance
Great tutorial! When you connect your wallet, will it affect or move algorand from your wallet or will this work with out affecting your algorand balance, I am a participant of the algorand governance and I don't want to get disqualified.
When you sign the first registration transaction you have to pay a 2a fee. After this the fee is .001a. Please make sure you have a buffer to not get kicked out of gov. i.e. if you have 30k committed to gov period 14, have 30,005 algo before signing any participation keys
Been participating in consensus for 16 hours or so, but no blocks generated... how long does it average to get lucky and generate a block... do I need to do anything in order to be able generate a block other than generate and register the participation keys? i.e. like vote in telemetry or something along those lines?
Thank you! Question: I’d like to run this on my PC at my office…..what happens if there is an interruption in the system? My IT group backs up everything on midnight every Sunday & shuts my computer down afterwards so that I have to log back in on Mondays Thanks:)
Preferably you have a machine with 100% uptime. Otherwise it becomes a pain with having to register offline each time your machine goes off in order to maintain your node health and status
Perfect. Followed your instructions and everything worked. Thanks a bunch Just a question please. In terms of percentage of rewards, do we get algos in return? If yes then tentatively at what ratio? Because I had staked almost 100 algos on binance for quite a long time (these days its giving out almost 0.3) My normal computer usage is minimum 12 hours a day. In my scenario, would running a note up would be profitable or having the algos staked on binance would be better option?
Is it normal for the accounts, KVs and Blocks to sync really slowly? I see in your video they go pretty fast... wondering if you were fast forwarding in the video or if my computer is not processing this at the speed it should.
I was also wondering, if my balance on my ALGO wallet changes (increase or decrease) is this automatically accounted for in my participation node, i.e. greater or lesser percentage rewards?
After about 3 hours it finished processing Accounts and KVs but then the loading bars just go blank again. They never did the verifying process like yours did. I have version 3.2.4. The green is on service created, and node running but not node synced. That is orange. There is no more loading happening.
Try deleting the node and stopping the service, deleting the node directory and restarting the application. The next time you press start node/create service it’ll sync again
@ ok. I tried that and came back to the computer after a few hours. It now says “no participation keys on this node”. I connected to it with my Pera wallet but the + button is shaded and doesn’t click. The color is still not green on node synced :/ but I see the current block still go up.
Update. So I updated the program again and I’m not sure if that is the reason or just because I left it on over night but it’s all synced up now. 🎉 I finished the rest of the video and I’m good to go. Thank you for your help!
@@TechDecoded24 Thanks for reply, I'm guessing once synced and participation key is created, it will take some time before participating in consensus is that correct?
Is there any guidance on how rewards will be distributed? For example, will they show up immediately or after a period? I’m assuming they just go directly into our connected wallet immediately but wanted to confirm. Thank you!
I have green on 'Service Created', 'Node Running', and 'Node Synced', added a participation key, it's been a few days now and still not 'Participating in Consensus', is this normal?
Finally got it to work! In your video, your 'Participating in Consensus' seemed instantaneous so I was confused why mine was taking so long. Also your previous comment you mentioned to check box for 2A, I could never find that. What did work though was, I just created another participation key, everything looks the same, but this time it worked! BTW, thank you for your video and responses!!
If i have 100 algo. Will running a node provide profit? Idts i can afford 30,000 algo. Should i continue running node. Also can you explain when and how can we calculate our rewards
Yes 30,000 Algos is the minimum amount to receive rewards when running a node but it is not a waste to help with decentralization. You can also join a Reti Pool through like Folks Finance and get rewards by contributing your Algos to the nodes they run. Either way you can help decentralize the protocol
I've done everything as instructed, but I couldn't register the key. I am getting a message " Transaction not confirmed after 4 rounds". I am using Defly Wallet, which I've managed to connect successfully. Not sure what this is about, maybe its because I am also registered for Governance Period 14?
Well, to follow up on this, I've tried to register several times without success. However, after about 7-8 minutes I decided to check if the transaction of 0.001 Algo had been successful and it was! So I've refreshed the page and it was registered after all!
@ Of course, I was singing the transaction, that is why it was strange. But as I said, it seems the transaction was successful after all. Not sure why it was reported as failed, but I saw 0.001 Algo being sent, twice actually. Anyway, I am waiting now to see if I'll actually produce a block :)
Hey does it make it sense to run multiple nodes? or have all on one node? in terms of rewards? id like to maximize and i have several laptops i could use
It does not make sense to run multiple nodes. It actually is more beneficial to keep it all on one node because the larger the balance of the wallet the greater possibility of proposing a block.
Four nodes with 30.000A each together will statistically generate the same amount of rewards like one node with 120.000A. Go for only one node to save electrical power = costs.
Question, does wallet has to be always connected after node starts running? I personally disconnected and its still green and running, but my node telemetry are all all red and 0. Is it to be normal? Thanks!
You can disconnect on the top right that’s fine. You will just have to reconnect when you need to do another key reg. And depending on how new your node is, change the timeframe of telemetry to the past half hour to get a better insight of status
@@TechDecoded24when I change 30 mins, 1 hour, 3 hours, 6 hours no change, when I do 12 hours I can telemetry events are green votes and health are green but network is red and time sync is yellow. I guess problem with the internet connection?
Hi, I am seeing an error (225), after downloading the file mentioning that Windows isn't able to install the file due to a virus or potentially unwanted software. Anyone else having the same problem?
Try disabling your antivirus and restart your computer and install. Once installed, go back and reset your antivirus. Antivirus is blocking the install, nothing more. I had the same issue and once I disabled McAfee, restarted my computer, and then computer let me install.
Hello, can you explain the 30k algo requirement. I have over 30k algo and want to run a node. It looks like you were running one with 100 algo. That’s where I am getting confused do you just need the 30k algo in the wallet to run it? Also, would it be best you think to transfer the 30k algo to a new Pera wallet and run that wallet with the 30k in it?
@@Algoyeeyee hey so you could run a node with any balance but in order to be eligible for the rewards when they’re live, you need at least 30k. For demonstration purchases I just sent 100 to a junk wallet. What I did for my node is open up a brand new wallet.
@ hello, thank you for the explanation. Do you think you could make a video for what to do for the node software “this open-source repo” link? Thank. You
Thanks for making this. I will try to setup my node this weekend.
Thank you..very helpful, my pc took all night to download everything but it’s up and running now.
Awesome video, so far i thought after install its done. Eye opener.
Great video, much appreciated!
Glad it was helpful!
much appreciated.❤
Excellent video! Everything has worked to the letter. Question, if I have my ALGO deposited in a Folks Finance deposit staking account, do I have to move 30k of ALGO into my wallet for this to work? Or, can I keep it staked while running the node? Thanks!
In "Configue" Can you explain what is the Enable P2P, and Enable P2P Hybrid Mode. Does that allow me to welcome stakers on my node ? it would be great to have a tutorial of how to go from running a node to become a staking pool
Now I just need the 30,000 Algo to get rewards ;)
Awesome video! You're a great asset to the Algorand community. Is a Ryzen 7 (Up to 4.4GHz)
mini computer with 16GB DDR4 500GB PCle 3.0 SSD enough? Thanks much!!!
Yes that should work.
@@TechDecoded24 thanks, I really appreciate it!
Thank you so much. So much helpful. do you think it is different to do it from Nano X?
I think as long as you have your ledger connected to Pera it’s very similar
Do you have a video to change the node into archival mode to have other wallets connect to the node if they don't have the 30k algo minimum? Or a doc how to set this up. Thanks I'm advance
Great tutorial! When you connect your wallet, will it affect or move algorand from your wallet or will this work with out affecting your algorand balance, I am a participant of the algorand governance and I don't want to get disqualified.
When you sign the first registration transaction you have to pay a 2a fee. After this the fee is .001a. Please make sure you have a buffer to not get kicked out of gov. i.e. if you have 30k committed to gov period 14, have 30,005 algo before signing any participation keys
I'm at 194 blocks proposed and 768 blocks voted, but I haven't seen any rewards show up. Do I need to go somewhere to claim rewards?
Been participating in consensus for 16 hours or so, but no blocks generated... how long does it average to get lucky and generate a block... do I need to do anything in order to be able generate a block other than generate and register the participation keys? i.e. like vote in telemetry or something along those lines?
It’s random and can take a day or 2-3 or more. As long as you did the 2a fee and registered your key and have 30k or
More algo it’s a waiting game
The transaction problem occurred, while registering the key.. what is the solution? Make a video.. I am using windows and func
Thank you! Question: I’d like to run this on my PC at my office…..what happens if there is an interruption in the system? My IT group backs up everything on midnight every Sunday & shuts my computer down afterwards so that I have to log back in on Mondays Thanks:)
Preferably you have a machine with 100% uptime. Otherwise it becomes a pain with having to register offline each time your machine goes off in order to maintain your node health and status
Perfect. Followed your instructions and everything worked. Thanks a bunch
Just a question please.
In terms of percentage of rewards, do we get algos in return? If yes then tentatively at what ratio? Because I had staked almost 100 algos on binance for quite a long time (these days its giving out almost 0.3)
My normal computer usage is minimum 12 hours a day. In my scenario, would running a note up would be profitable or having the algos staked on binance would be better option?
@@taimur649 I think the predicted return is 7.3 algo per day per 30k staked.
@@TechDecoded24
Thanks for the swift response. As you recall, its 7.3 algo per day provided that PC is on 24x7?
@@TechDecoded24 Wow... 7.3 per days per 30k? Very nice.
Is it normal for the accounts, KVs and Blocks to sync really slowly? I see in your video they go pretty fast... wondering if you were fast forwarding in the video or if my computer is not processing this at the speed it should.
I sped it up, typically takes an hour or 2
I was also wondering, if my balance on my ALGO wallet changes (increase or decrease) is this automatically accounted for in my participation node, i.e. greater or lesser percentage rewards?
@@lstinjpn yes it’s all automatic, the only thing to keep in mind is that falling below 30k will have you in eligible for that time being
After about 3 hours it finished processing Accounts and KVs but then the loading bars just go blank again. They never did the verifying process like yours did. I have version 3.2.4.
The green is on service created, and node running but not node synced. That is orange. There is no more loading happening.
Try deleting the node and stopping the service, deleting the node directory and restarting the application. The next time you press start node/create service it’ll sync again
@ ok. I tried that and came back to the computer after a few hours. It now says “no participation keys on this node”. I connected to it with my Pera wallet but the + button is shaded and doesn’t click. The color is still not green on node synced :/ but I see the current block still go up.
Update.
So I updated the program again and I’m not sure if that is the reason or just because I left it on over night but it’s all synced up now. 🎉
I finished the rest of the video and I’m good to go. Thank you for your help!
I'm guessing I can't create a participation key until the accounts are done processing?
Correct. You generate the key after you’re fully synced
@@TechDecoded24 Thanks for reply, I'm guessing once synced and participation key is created, it will take some time before participating in consensus is that correct?
I keep getting this error message "Transaction not confirmed after 4 rounds" when I try to generate the key, any workaround?
Try with Defly wallet maybe
Is there any guidance on how rewards will be distributed? For example, will they show up immediately or after a period? I’m assuming they just go directly into our connected wallet immediately but wanted to confirm. Thank you!
As far as I am aware, rewards are distributed directly to the connected wallet immediately after they are earned
I have green on 'Service Created', 'Node Running', and 'Node Synced', added a participation key, it's been a few days now and still not 'Participating in Consensus', is this normal?
@@lstinjpn during key registration did you check the box for the 2a fee? If not then redo it
Finally got it to work! In your video, your 'Participating in Consensus' seemed instantaneous so I was confused why mine was taking so long. Also your previous comment you mentioned to check box for 2A, I could never find that. What did work though was, I just created another participation key, everything looks the same, but this time it worked!
BTW, thank you for your video and responses!!
Hey, where in the interface can I see staking/block rewards? Thanks for responding!
Enable telemetry and follow the link, and register at alerts.allo.info
Does a ledger work?
I believe you can pair the ledger with Pera and sign the transaction that way.
If i have 100 algo. Will running a node provide profit? Idts i can afford 30,000 algo. Should i continue running node.
Also can you explain when and how can we calculate our rewards
You WILL NOT receive rewards with less than 30k ALGO. You would just be wasting electricity
Yes 30,000 Algos is the minimum amount to receive rewards when running a node but it is not a waste to help with decentralization. You can also join a Reti Pool through like Folks Finance and get rewards by contributing your Algos to the nodes they run. Either way you can help decentralize the protocol
I've done everything as instructed, but I couldn't register the key. I am getting a message " Transaction not confirmed after 4 rounds". I am using Defly Wallet, which I've managed to connect successfully. Not sure what this is about, maybe its because I am also registered for Governance Period 14?
@@jupitereye4322 are you signing the transaction in your wallet after hitting register?
Well, to follow up on this, I've tried to register several times without success. However, after about 7-8 minutes I decided to check if the transaction of 0.001 Algo had been successful and it was! So I've refreshed the page and it was registered after all!
@ Of course, I was singing the transaction, that is why it was strange. But as I said, it seems the transaction was successful after all. Not sure why it was reported as failed, but I saw 0.001 Algo being sent, twice actually. Anyway, I am waiting now to see if I'll actually produce a block :)
Hey does it make it sense to run multiple nodes? or have all on one node? in terms of rewards? id like to maximize and i have several laptops i could use
It does not make sense to run multiple nodes. It actually is more beneficial to keep it all on one node because the larger the balance of the wallet the greater possibility of proposing a block.
Four nodes with 30.000A each together will statistically generate the same amount of rewards like one node with 120.000A. Go for only one node to save electrical power = costs.
Hello my accounts line and KVs line load orange and then the blocks line never loads.
Do you know what my issue is?
@@Tyler_Tops follow the instructions in my most recent video and try again. Might be a time sync issue
@ thank you, just tried syncing the clock, hopefully that helps.
My accounts and KVs lines are still coming in as orange. Is this bad?
@ that’s normal sometimes it could take up to two hours or more
@ okay thank you, hopefully this works! I’ll let you know.
I appreciate your help
@ I am still having trouble syncing to the node, and I tried the time synchronization too
@TechDecoded24 is it neccessary to have some algorand in wallet before settingup node?
You do need some Algo in the wallet in order to sign the transaction to participate.
Question, does wallet has to be always connected after node starts running? I personally disconnected and its still green and running, but my node telemetry are all all red and 0. Is it to be normal? Thanks!
You can disconnect on the top right that’s fine. You will just have to reconnect when you need to do another key reg. And depending on how new your node is, change the timeframe of telemetry to the past half hour to get a better insight of status
@TechDecoded24 Yes, its very new node, and how I do change telemetry time frame, sorry I am very new to these things
@ top right of telemetry page, to the left of refresh, change “last 6 hour” in the dropdown menu to 30 min
@TechDecoded24 thaank you!
@@TechDecoded24when I change 30 mins, 1 hour, 3 hours, 6 hours no change, when I do 12 hours I can telemetry events are green votes and health are green but network is red and time sync is yellow. I guess problem with the internet connection?
Hi, How much time the Fast catchup 3 bars took to complete verrifiying?
@@ZainAnalytics typically an hour-2
@TechDecoded24 Thank You 👍🏻
Hi, I am seeing an error (225), after downloading the file mentioning that Windows isn't able to install the file due to a virus or potentially unwanted software. Anyone else having the same problem?
@@sofyenbenzerti6714 I haven’t experienced that. Are you using edge browser when downloading? If you are, try chrome. Just a thought
Try disabling your antivirus and restart your computer and install. Once installed, go back and reset your antivirus. Antivirus is blocking the install, nothing more. I had the same issue and once I disabled McAfee, restarted my computer, and then computer let me install.
Hello, can you explain the 30k algo requirement. I have over 30k algo and want to run a node. It looks like you were running one with 100 algo. That’s where I am getting confused do you just need the 30k algo in the wallet to run it?
Also, would it be best you think to transfer the 30k algo to a new Pera wallet and run that wallet with the 30k in it?
@@Algoyeeyee hey so you could run a node with any balance but in order to be eligible for the rewards when they’re live, you need at least 30k. For demonstration purchases I just sent 100 to a junk wallet. What I did for my node is open up a brand new wallet.
@ hello, thank you for the explanation. Do you think you could make a video for what to do for the node software “this open-source repo” link? Thank. You