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 friendly PoW blockchain technology.

Coin Specifications

General Information

Network Type: Layer 1. Independent blockchain network
Coin Name: Soteria
Ticker Symbol: SOTER
Algorithms: SoterG
Block Size: 3 MiB max
TX Size: 2 MiB max
Maximum Supply: 6,000,000 Soter after 30 years
Codebase: Completely adapted to handle 10s block time
Blockchain: UTXO model
TX Fee: 0.001 Soter/kb
TX Confirmation: 6
Smart Contract: Still in testnet using Lua VM
Sync Time: Improved upto 3 times than other traditional blockchains
Ports: P2P Port: 8323, RPC Port: 7896
Node: Min 4GiB RAM, Recommended 8GiB RAM

Block Reward

Block Reward: 0.14 Soter/Block
Block Time: 12 Seconds average
Orphan Rates: Decreased upto 70% than other blockchains that have the same block time
Miners Reward: 0.042 Soter/Block
Nodes Reward: 0.0028 Soter/Block
Miners Emission: ~300 daily, ~9000 monthly, ~110K yearly, this is valid only for 1st year
Nodes Emission: ~20 daily, ~600 monthly, ~7250 yearly, this is valid only for 1st year
Dev Emission: ~50 daily, ~1500 monthly, ~18250 yearly, this is valid only for 1st year
Difficulity: LWMA3-EMA, retarget at each 90 blocks
Dev Fee: 0.007 Soter/Block
Coinbase Maturity: 4200 blocks / ~14 hours
Halving: Mining reward will be reduced by 3.5% each 3000000 blocks or by 3.33% each year
Total Emission: ~1000 daily, ~30K monthly, ~365K yearly, this is valid only for 1st year
Burning Mechanism: Algorithmic burning mechanism will be activated at 2M height

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 new algorithm 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 the Soteria ecosystem’s profits will be distributed regularly (typically quarterly) to our supporters, donors, backers, and contributors.