Part 1: Setting up an LTC node without a wallet:
Start up a new node at Digitalocean:
Important to select Private Networking as this can be helpful connecting additional high speed wallets later
Updating the Linux distro
C++ compilers are memory-hungry. It is recommended to have at least 1 GB of memory available when compiling Litecoin Core. Our solution will need very little resources when it's running so to keep the costs down we'll do this by using a swapfile instead of buying a bigger droplet
dd if=/dev/zero of=/mnt/myswap.swap bs=1M count=4000
To mount the swapfile automatically after reboots
Add the following line at the end of the fstab file:
/mnt/myswap.swap none swap sw 0 0
It will look like this:
[ctrl] + O and [enter] to save
[ctrl] + X to exit
Install Required Packages:
apt-get install build-essential libtool autotools-dev autoconf pkg-config libssl-dev
apt-get install libboost-all-dev git libminiupnpc-dev redis-server
Adding Berkeley 4.8 will not be necessary this time, as we will compile the Litecoin core without wallet functionality.
A few more packages which will be useful for the p2pool package when that time comes:
apt-get install -y build-essential libboost-all-dev libcurl4-openssl-dev python-zope.interface python-dev python-twisted python-twisted-web git screen
curl https://raw.githubusercontent.com/creationix/nvm/v0.16.1/install.sh | sh
nvm install 0.10.25
nvm use 0.10.25
Setting up a wallet owner, different from root, then adding it to the sudoers group:
You will be asked for a password. This have to be strong as it will be accessible for everyone.
adduser whateveryouwant sudo
now is a good time to reboot before compiling the wallet from the wallet owner user
Log in again with your new user
git clone https://github.com/litecoin-project/litecoin.git
sudo ./configure --disable-wallet
sudo make install
The compilation will take a long time with this small droplet and swapfile. It's safe to grab a coffee after the "sudo make" command.
"sudo make install" can be omitted, but it makes litecoind available from everywhere without going to ~/litecoin/src/
Go back home and try to start Litecoin:
It will come back with an error stating that you need a username and password for "rpcuser". I usually copy the two lines suggesting username and password to paste it into the litecoin.config file:
nano -w .litecoin/litecoin.conf
You can also add extra nodes that will help your node to find the blockchain. If you have other wallets in your private network it's perfect to add them here as they will have low latency and help you securing blocks that you find.
Start Litecoin again:
You can monitor that the litecoin server is still working by using "top"
Exit with Q
To see how litecoin is progressing on the blockchain:
It's a good idea to take a snapshot of the node when the Litecoin blockchain has finished downloading. This is absolutely free and will give you a kickstart if you want to set up more nodes or if you mess up the server when trying to add a pool software or other coins.