About Soteria Network (SOTER)

Your trusted cryptocurrency for empowering holding and investments, safeguarding with cutting-edge technology. Building the future of Web3 infrastructure with GPU & CPU friendly PoW blockchain technology.

Coin Specifications

General Information

Network Type: Layer 1. Independent blockchain network
Coin Name: Soteria
Ticker Symbol: SOTER
Algorithms: Dual Algo: SoterG (GPU) & SoterC (CPU)
Block Size: 3 MiB max
TX Size: 2 MiB max
Maximum Supply: Depends on supply & demand
Codebase: Completely adapted to handle 10s block time
Blockchain: UTXO & ACCOUNT model
FORK ID: 100, activated from Genesis
TX Fee: 0.1 Soter / kb
TX Confirmation: 60
Smart Contract: Still in testnet using Lua VM
Sync Time: Improved upto 3 times than other traditional blockchains
Ports: P2P Port: 9151, RPC Port: 9152
Node: Min 4GiB RAM, Recommended 8GiB RAM
Dividend: Will be paid quarterly to donators, backers, investors and holders

Block Reward

Block Reward: 3 SOTER / Block
Block Time: 15 Seconds average
Orphan Rates: Decreased upto 70% than other blockchains that have the same block time
Miners Reward: 1 SOTER / Block
Miners Emission: ~5760 daily, ~170K monthly, ~2M yearly, this is valid only for 1st year
Difficulity: LWMA3-EMA, retarget at each 6 and 180 blocks
Dev Fee: 0.18 Soter / Block
Coinbase Maturity: 15000 blocks / 62.5 hours
Merged Mining: Activated at 2M block height
Halving: Block reward will be decreased 30-50% after activation of merged and token mining
Total Emission: ~17K daily, ~500K monthly, ~6M yearly, this is valid only for 1st year
Burning Mechanism: Algorithmic burning mechanism will be activated at 2M height with a burning rate 5-20% quarterly
Fees: All types of fees will be burned

Our Vision

We believe in a future where financial freedom and economic inclusion are accessible to everyone and everywhere. Our vision is to create a cryptocurrency that transcends borders, democratizes access to opportunities, and empowers communities on a global scale, brings real value, use cases, wealth to both holders and investors and as a way to protect our money from inflation

We are committed to offering:

Multichain Blockchain

Using UTXO and Account model to support both worlds.

Sustainability

Built from scratch 2 new algorithms for Soteria network with a big focus on energy efficiency and minimal environmental impact using empirical benchmarks

Security

Implemented best blockchain security practices, antirelay, vector67, timewarp, light wallets double spend protections.

Innovation

Constantly exploring new solutions to integrate decentralized finance (DeFi) into people's everyday lives.

Community

A collaborative and transparent ecosystem, where every voice is heard and valued.

Growth

Fostering continuous development, enabling individuals and businesses to evolve and thrive in the digital economy, while supporting scalable solutions for the future.

Dividend

A percentage of a company's profits will be paid regularly (usually quarterly) to our supporters, donators, backers, contributors.