Update your wallets and masternodes before fork at block 50,000 – Guide

Instructions to update your wallet: 

1) Start with making a backup of your current wallet, just in case.
(a) Go to your main Pac core folder and copy and paste the wallet.dat file to at least 2 usb keys
2) Close your wallet.
3) Choose your operating system here –
https://github.com/PACCommunity/PAC/releases/tag/v0.12.3.0
4) Install the wallet.
5) Your $PAC Core wallet should now be open and updated.
6) To make sure you’re running the right wallet open the wallet and click on “Paccoin Core” and click on “About $PAC Core”.
7) The wallet version should be saying $PAC Core version v0.12.3.0
8) Delete your old $PAC Core SHORTCUT, otherwise, you will load up the old $PAC Core wallet.


How to update your masternode with shell script on a VPS to the latest verion (only for Cold wallet setup)

1) Go to your VPS and execute the following commands on the command line.
2) Run this command:

wget https://raw.githubusercontent.com/PACCommunity/PAC/master/pac-update.sh

3) Run this command:

chmod +x pac-update.sh

4) Run this command:

./pac-update.sh

Or run this single line to execute all the previous commands in one go:

wget https://raw.githubusercontent.com/PACCommunity/PAC/master/pac-update.sh && chmod +x pac-update.sh && ./pac-update.sh

5) Get the new wallet update by following the above instructions (Instructions to wallet update).

6) Start Masternode again. Two options:
(a) Run this command:

./pac/paccoin-cli masternode start-alias MNxx

MNxx is your masternode alias name.

(b) Open your new wallet and under the masternode section choose your MN and click start alias.

7) To check that your masternode is successfully started – run this command from your VPS:

~/paccoin-cli masternode status

It should say if the masternode is successfully started and under your masternode section check that it says Protocol 70213

Follow the instructions: 1) Do you want to autobackup wallet.dat and continue with the process? [y/n]: Type yes to backup and continue or no to stop process.

If you have any questions to the above then feel free to reach out to some of our mods on discord.

– Saul

 

This Post Has 35 Comments

  1. can i make update after the block 50000?

    1. If you have a Masternode, it will not generate payouts after block 50k, unless you update it.

      Your wallet will not be able to process any transactions after block 50k, unless you update it. If a payment is sent to your non-updated wallet after block 50k, you will still get it, but only after you update.

  2. Hope this isn’t required for PAC at Cryptopoia wallet.

    1. They will be updating the wallet shortly. Tradesatoshi and Coinexchange.io have already updated theirs.

      1. Thanks for info.

  3. “Delete your old $PAC Core SHORTCUT” – how can I do it? Please, write.

    1. Drag and drop it in your Recycle Bin.

  4. how to restore new wallet

    1. Restore from backup?

  5. are there problems for those who still have Paccoin in the redeem Wallet?

    1. If you are still waiting to receive your coins, send an email to [email protected].

      Include a screenshot of your transaction ID, amount, date, time, and include your new $PAC Core wallet address.

  6. So this only applies you updating your paccoin wallet if you have a masternode?

    1. The wallet update is mandatory for all investors.

  7. I have updated my old Pac wallet (168 000) pac in it…
    But, in new wallet i have 0 (zero) (((
    all Pacs are still in old one. plz help

    1. Did you overwrite the files when installing the update? Or change the install directory?

  8. Seria bom fazer um video explicando como fazer.

    1. It’s literally just a download and install for the wallet, and run 2 commands that you copy/paste to update your Masternode.

  9. Is Yobit updated?

    1. We have not received confirmation from them yet.

  10. Good day, I am writing to you in order to clarify the value of pac coin about fork. cryptopia Updated to $ pac, 1000/1
    I feel the annoyance but after a lot of reading I still do not understand

    On January 14, I bought 100000 PAC in Cryptopia for $ 10, then I read on his blog that I should not do anything to get my new $ Pac, now I have $ 100 Pac for a value of $ 0.70 but if I look at the quote I can see that the price since January 14 rose from 0.00000001 to 0.00000088, is this normal? I have lost more than 99% of USD value while the currency is up x 88 ?? Thanks in advence and apologies for sent it in other lenguage.

    1. You are mixing the prices of old PAC and new $PAC. The 2 coins have 2 different prices.

      BTC can only go 8 decimal places after 1 whole. (0.00000001 or 1 sat). It can not go any lower, but the price of a coin, can. Pairings such as DOGE/LTC/USD/etc show the true price of any coin that goes lower than 1 sat.

      At the time of redemption, old PAC was 0.000000002 (which is 2/10 of 1 sat if BTC had 9 decimal places). New $PAC was just over x1000 of the old PAC price when it went live on the exchanges in Feb. At the time, 2/10 of 1 sat was $0.00002. New $PAC listed at $0.03. It has since fallen lower.

  11. I did update my windows desktop wallet.
    Updated wallet version saying this: $PAC Core version v0.12.3.0-6faaeae (64-bit). It is correct? It wil the masternode work correctly ?

    1. That is the correct wallet update.

      You need to update your Masternode too. Then start alias using your updated wallet.

  12. Is v0.12.3.0-6faaeae the right version? It didn’t open after running the installer and I used the shortcut to find the paccores files

    1. Yes.

  13. What about yobit wallets

    1. We are awaiting confirmation from them.

  14. i still have my oldpac coin 26 million on btcpop staking. i did ask them on twitter and they said they were going to make the swap for us but still hasn’t happened. do you guys know anything about it?

    1. Never heard of them. You’re going to want to withdraw and do the redemption process with us, to ensure you get your new $PAC.

  15. Where do you find the VPS?

    1. There’s many VPS’s to choose from. Vultr is a very popular VPS that many Masternode holders use.

  16. windows 10. after upgrade status of the masternode is watchdog_expired. Status masternode in console:
    “outpoint”: “d39e00f3f9e3e8ea2b06955d4657b64ce8ded0b810136789bc0f92d0f986b4ac-1”,
    “service”: “109.172.25.4:7112”,
    “payee”: “PNKwwPYX96csU2s2Rgqyyuiti5MkPeZjDi”,
    “status”: “Masternode successfully started”
    Sentinel is running.
    What i need to do?

  17. Good morning everyone!!! As recommended by you, I performed the portfolio update. It’s the $ PAC Core version v0.12.3.0-6faaeae (64-bit), however following this tutorial of yours – http://altcoin-guide.com/paccoin-vps-masternode-guide/ – to configure the masternode I followed the step of sending pac, when I made the transaction, I could not. That is, it appears as an unconfirmed payment, and I can not make any transfer. I have balance in my wallet, but it only appears that it has not been confirmed and therefore I can not carry out the following steps. I ask your help to solve my problem. Thank you.

    1. After 15 confirmations, you’ll be good to continue.

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