A Complete Guide to Running an On-chain Business on ECS

Cloud Computing - YVOLV

Introduction

Alibaba Cloud Elastic Compute Service (ECS) is a reliable, efficient, and secure cloud computing service. ECS provides an excellent environment for on-chain businesses, reducing waiting times and improving success rates. This guide covers the essential steps to leverage ECS for on-chain business scenarios effectively.

Step 1: Create an Alibaba Cloud Account and Bind a Payment Method

The first step is to create an Alibaba Cloud account on the Alibaba Cloud international site. You must bind a payment method, such as a credit card or PayPal, to your Alibaba Cloud account. For more details, see the Create an Account and Introduction to Alibaba Cloud Payment guides.

Step 2: Select an ECS Instance

Alibaba Cloud offers various ECS instance types, including CPU, GPU, and ECS bare metal instances. For on-chain business deployment, we recommend selecting a CPU-only ECS instance. Visit the ECS purchase page to choose the appropriate instance type and region.

When selecting an ECS instance, consider your specific needs and budget. Given the high cost of computing power recently, we recommend the universal instance family (u) or the economy instance family (e) for a balance of performance and cost.

Step 3: Select an Appropriate Operating System Image

Next, choose the Linux or Windows operating system image based on the operating system supported by your on-chain business client. Detailed information on compatible nodes and clients can be found in the Nodes and Clients documentation.

Step 4: Install the On-chain Business Client

Installing and configuring the on-chain business client is critical. You can use clients like Ethereum Wallet, Geth, or Parity. After installation, download the blockchain data, which may take some time. For more details, refer to the Nodes and Clients guide.

Step 5: Configure the ECS Firewall

To enhance security, configure a firewall on your ECS instance. Alibaba Cloud provides security groups to protect ECS instances. Customize these security groups to meet your specific needs. More information is available in the Security Groups documentation.

Step 6: Start the On-chain Business Program

With all the above steps completed, you can now start your on-chain business program. Run an application like Claymore Dual Miner to begin operations and frequently update network information to maximize results.

Conclusion

Running an on-chain business on Alibaba Cloud ECS is streamlined and efficient with the right setup and configuration. By following these steps, you can ensure a secure, reliable, and high-performing environment for your on-chain operations. Alibaba Cloud’s comprehensive services and robust infrastructure make it an ideal choice for businesses looking to optimize their cloud operations.

For more advanced configurations and personalized support, consider consulting with YVOLV, a joint venture between Alibaba Cloud and Meraas, which offers specialized cloud solutions tailored to your business needs.

Disclaimer: The views expressed herein are for reference only and do not necessarily represent the official views of Alibaba Cloud.

Syed Zayn
Author: Syed Zayn

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top