UPDATE The Soteria network is now live.We are excited to announce that we are in the final stages of our launch! We have decided to share this news even before the mainnet goes live. Stay tuned for more updates!
Introducing Soteria Network: The Future of Asset Management!
Soteria Network, a cutting-edge platform based on RVN/BTC Core, designed for efficient and interoperable asset management. Our network takes inspiration from Ravencoin and the latest versions of Bitcoin, employing innovative technologies to enhance usability, automation, and security.
Key Features & Advantages
High Performance
Block Reward: 0.18 coin/block with a maximum daily emission of 1000 coins.
Fast Confirmations: Enjoy lightning-fast 15-second block confirmations with a buffer cap of 13 seconds.
Scalability: Industry-leading capacity of over 1000 transactions per second (TPS).
Smart Contracts: Integrated Lua VM support for creating decentralized applications.
Block Size: 3 MB blocks for maximum throughput.
Dynamic Difficulty Adjustment: Two-phase adjustment every 5 blocks and every 180 blocks using LMWA-EMA v3.
Optimized Codebase: Fast block times and minimal orphan rates with modern C++ features and best practices.
Energy Efficiency: Sustainable and energy-friendly mining algorithms tailored for Soteria Network.
Tokenomics: Quarterly fee burning and controlled emission with a limited total supply.
Development Commitment: We dedicated six months to ensure the best possible features, with ongoing improvements continuing thereafter.
Security
FORK ID: Integrated from genesis to prevent replay attacks.
Multi-Layered Consensus: Utilizing the latest security practices for robust protection.
Advanced Cryptography: Employing state-of-the-art cryptographic algorithms.
Comprehensive Testing: A thorough audit framework to ensure reliability and security.
Attack Resistance: Protection against common attack vectors, surface attacks, race conditions, and timestamp manipulations.
Wallet Features
IPFS Integration: Content browser for seamless access to decentralized storage.
Transaction Controls: Advanced controls with low transaction fees.
Dusting Function: Integrated to manage small amounts effectively.
Multi-Signature Support: Enhanced security for transactions.
Hardware Wallet Compatibility: Ensuring safe storage of your assets.
For detailed information, visit our Website:
https://soteria-network.siteCode released, Linux64 QT wallet and daemon, in the next hours will release the binaries for Linux32, Win64, macOS, Aarch64, Arm32, Explorer, DNS seeder and the work will go on.
https://github.com/Soteria-Network/Soteria/releases/tag/v1.0.0For mining software developers, there is a fund that allocates 2% of block rewards to contributors. I will also be working on mining software in the coming days. I apologize that there is still a lot of work to do, but I promise to work day and night to achieve the best results I can. As for now you can mine only using QT wallet and setgenerate true from Debug Window console.
For pool and node operators, there is also a 2% block reward allocated to them. I will do my best to introduce something new, create a reliable ecosystem, and reward the community. The power draw should be at least 38% lower than KAWPOW. On newer GPUs, the power consumption should be 42-56% less than KAWPOW, but I'll assess this over time. Regarding ASICs, I'm prepared for algo migration to a compound hashing or dynamic/static algo fast-fast or fast-slow approach hardfork v2, in case will notice ASICs come to the network.
QT wallet for Win64 has been released.
QT wallet and daemon for Linux 32 bit and old/legacy Linux 64 bit have been released.
QT wallet and daemon for Linux aarch64 have been released.
QT wallet and daemon for Linux arm32 (armv7a) have been released.
We may consider migrating from a 15-second block time to a 5-second block time, if the network can handle it without skyrocketing the orphan rate. However, there is a nuance: this change would increase the emission rate threefold, which may be beneficial initially. Later on, we might need to reduce the block reward from 0.18 coins per block to 0.06 coins per block to maintain an initial inflation rate of around 1,000 coins daily.
In the next few hours, we will release the binary for macOS and launch the blockchain explorer. Following that, we will begin our social media campaign.
The CPU mining algorithm, SoterC, is likely to undergo a hardfork in the next 4 to 6 months. There are still numerous opportunities to enhance the hashrate while also reducing CPU load and power consumption. In my experience, CPU mining presents more challenges compared to GPU mining, necessitating extensive testing to optimize performance and achieve the best results.
I want to clarify to everyone that the node went down because I didn’t renew the payment after six months on the testnet. To be honest and transparent, it appears that I am the only one who mined the coins. I see a total of 60.48 coins in my wallet and 336 blocks processed.
As a next step, I plan to burn these coins and send them to a dead address. I’ll share this address with the community so that everyone can verify the transaction. Right now, I am working on the macOS wallet, and once that’s complete, I will focus on the node, explorer, and DNS seeder.
I apologize for any inconvenience this may have caused, and I just wanted to make this announcement following the end of the testnet period, which concluded yesterday.
Regarding the macOS wallet, I encountered an issue where only the daemon and CLI were built, but not the QT wallet itself. Although I successfully built the macOS QT wallet during the testnet, recent updates have introduced many changes, particularly with locks that improve thread and memory management. These changes have eliminated the potential for race conditions and memory leaks.
Unfortunately, some updated dependencies specific to macOS have caused the QT wallet to break. However, I’ve already identified the culprit and resolved the issue. At the end of the day, I’m primarily a Linux guy, not a macOS.
UPDATE : You can start now, go to Help menu in QT wallet, then choose Debug Window, choose Peer, Add new peer, insert
51.75.75.88 in peer address and 8323 in peer port then press Add and wait a little bit, after that you can start mine. Soon I will add Discord and Telegram group.
Another one addnode=[2001:41d0:701:1100::852d]:8323
OR in folder .soteria create soteria.conf and add the followings
port=8323
addnode=51.75.75.88
addnode=[2001:41d0:701:1100::852d]:8323
To start mining for now, until the release of mining software.
To start mining, in Soteria QT wallet, go to Help menu, choose Debug Window, then Consule and enter command setgenerate true (if you want to use 1 CPU core, this is the default), setgenerate true -1 (to use all available CPU cores), setgenerate true n where n= number of cores you want to use, to turn off mining enter setgenerate false, for more instructions enter setgenerate and you will see all available commands for you to use
For node, you need Debian 13 or Ubuntu 24,25, for other versions i will build a little later. For Node this is the link (the only one for that has hardcoded see node) " wget
https://github.com/Soteria-Network/Soteria/releases/download/v1.0.0/Soteria-Daemon.zip -O Soteria-Daemon.zip ". Other links still don't hardcoded seen nodes but you still can use them for mining and balance, a little later will update all. Sorry for any inconvenience.
If mining doesn't start go to Wallet Repair menu and Press Rescan blockchain files
Official Telegram Group
https://t.me/soteria_officialThe QT wallet for macOS has been released but hasn't been tested since I don't have macOS. However, it should work like other wallets. If it doesn't, please contact us on Telegram or create an issue on Github, and we'll resolve it as quickly as possible.