You have to download mysql community edition 5.5, select bind to binary then after its installed hit start and type mysql, type in ur password u used during creation, then type create database minecraft;
and your done, now jus use localhost with port 3306 with login root with database minecraft in ur logblock config file. Cheers!
P.s. you must have ur mysql server running check the processes before you start or stop ir minecraft server. If u restart ur computer abruptly it will corrupt all databases, that is why it is best to use managed hosting
you Need Iconomy 6 or 5, AND register.jar (you can find the latest one on the faction page) it allows towny to communicate with the iconomy.jar (and other plugins that use iconomy as well) type .money give name to give urself money then type /ta givebonus 100 to give uerself some building plots