Date of Issue: 2023-04-15
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Introduction
Stohn Coin (SOH) is a decentralized Proof of Work Layer 1 blockchain designed for peer-to-peer digital payments, low-cost transactions, and community-driven development. The network uses the Scrypt hashing algorithm and a Bitcoin-derived architecture with SegWit support.
SOH is the native cryptocurrency of the Stohn Coin network and is used for peer-to-peer payments, transaction fees, and mining rewards. Stohn also supports Wrapped Stohn (WSOH), allowing SOH to be represented on external networks including BNB Smart Chain and Solana for broader DeFi connectivity. :contentReference[oaicite:0]{index=0}
Project Background
Stohn Coin was created in 2021 as a decentralized digital currency focused on peer-to-peer payments. The network is based on a modified Bitcoin protocol and uses Proof of Work with Scrypt mining. Its architecture is designed to allow users to transfer value directly without relying on a centralized payment intermediary. :contentReference[oaicite:1]{index=1}
Stohn uses Scrypt for Proof of Work mining and supports mining through CPUs, GPUs, and ASIC hardware. The network uses a five-minute target block interval and has incorporated the LWMA3 difficulty adjustment algorithm to respond to changes in network hashrate. :contentReference[oaicite:2]{index=2}
The blockchain incorporates Segregated Witness (SegWit), which separates signature data from transaction data. The project has also documented Schnorr signature support and describes the network as capable of supporting Layer 2 technologies such as the Lightning Network. :contentReference[oaicite:3]{index=3}
Stohn uses a UTXO-based transaction model derived from Bitcoin. Transactions are broadcast across the peer-to-peer network, validated by nodes, and included in blocks through Proof of Work mining. Stohn Core provides full-node software that downloads and validates the blockchain and can also operate as a desktop wallet. :contentReference[oaicite:4]{index=4}
The project also operates a public JSON-RPC endpoint compatible with Bitcoin Core-style RPC methods. The endpoint provides read-only access to blockchain, transaction, mining, and network information for explorers and other applications. :contentReference[oaicite:5]{index=5}
Stohn has expanded beyond its native blockchain through Wrapped Stohn. WSOH is available on BNB Smart Chain and Solana, allowing SOH holders to access external decentralized finance ecosystems while maintaining the native Stohn network for original SOH transactions. :contentReference[oaicite:6]{index=6}
History
Stohn Coin was created in 2021 by a group of cryptocurrency enthusiasts. The project launched with a Proof of Work blockchain using Scrypt and a payment-focused architecture based on the Bitcoin protocol. :contentReference[oaicite:7]{index=7}
Early development focused on creating a decentralized payment network with faster target block times and lower transaction costs. The protocol established a five-minute target block interval, Scrypt mining, and a capped monetary supply.
The network subsequently introduced protocol upgrades including SegWit and the LWMA3 difficulty adjustment. Stohn Core development continued through successive releases, including version 3.0.2 and later version 3.2. The current project website provides Stohn Core 3.2 downloads for Windows, macOS, and Linux. :contentReference[oaicite:8]{index=8}
In 2023, Stohn experienced a blockchain security incident involving the unauthorized withdrawal of approximately 4 million SOH. The project subsequently activated a recovery fund at block 180,000 as part of its recovery process. :contentReference[oaicite:9]{index=9}
In February 2024, the project's documented maximum supply was increased to 43,982,139 SOH, with the project stating that the additional allocation was intended to address coins associated with exchanges affected by the 2023 incident. :contentReference[oaicite:10]{index=10}
In December 2024, Stohn Coin announced the formation of Stohn Coin LLC and a restructuring of its management team. The organization subsequently outlined initiatives involving trading infrastructure, gaming, marketing, payments, and additional ecosystem development. :contentReference[oaicite:11]{index=11}
Stohn later expanded its bridge infrastructure from BNB Smart Chain to Solana. The current project website lists WSOH on both networks and continues to maintain the native Proof of Work blockchain and its associated wallet and explorer infrastructure. :contentReference[oaicite:12]{index=12}
Tokenomics and Emissions
SOH has a maximum supply of 43,982,139 coins. The current block reward is 50 SOH, and the reward is reduced by 50% every 200,000 blocks. The project states that the original block reward was 100 SOH before the first halving. :contentReference[oaicite:13]{index=13}
With a target block interval of approximately five minutes, the 200,000-block halving interval corresponds to roughly two years rather than a fixed calendar period. The project's current documentation identifies the next scheduled halving as occurring around December 2028. :contentReference[oaicite:14]{index=14}
New SOH enters circulation through Proof of Work mining. Miners that successfully produce valid blocks receive the applicable block reward along with transaction fees. The network uses Scrypt for its mining algorithm and adjusts difficulty according to network hashrate. :contentReference[oaicite:15]{index=15}
Stohn's monetary policy is designed around a fixed maximum supply rather than an ongoing inflationary tail. As successive 200,000-block reward reductions occur, the amount of newly issued SOH per block decreases until the maximum supply is reached. :contentReference[oaicite:16]{index=16}
SOH is the native asset of the Stohn blockchain and does not use a smart contract for native network transactions. Wrapped versions of SOH are used when the asset is represented on external blockchain networks such as BNB Smart Chain and Solana. :contentReference[oaicite:17]{index=17}
Roadmap
Stohn Coin's development direction focuses on payments, external blockchain connectivity, decentralized finance, mining infrastructure, and continued improvements to the core network.
The project's original development plans identified international payments as a primary use case, with the goal of providing a peer-to-peer payment network for individuals and businesses. The project has also identified DeFi as an area for ecosystem expansion through Wrapped Stohn. :contentReference[oaicite:18]{index=18}
Stohn's bridge infrastructure has expanded from BNB Smart Chain to Solana, providing WSOH representations on both networks. This allows the native SOH ecosystem to connect with external decentralized applications and liquidity infrastructure. :contentReference[oaicite:19]{index=19}
Core development continues through Stohn Coin Core, with recent releases focused on network stability and security. Version 3.2 introduced a block reorganization limit of 10 blocks, while the project continues maintaining node, wallet, explorer, and developer infrastructure. :contentReference[oaicite:20]{index=20}
The project has also outlined additional ecosystem initiatives including trading infrastructure, a Tap to Earn game, marketing and community expansion, and further utility for SOH. These initiatives are part of the development direction announced following the formation of Stohn Coin LLC. :contentReference[oaicite:21]{index=21}
Stohn continues to maintain open-source development, mining infrastructure, public blockchain tools, and community resources as part of its ongoing ecosystem development.
Project Links
Website:
https://stohncoin.org/
Whitepaper:
Stohn Coin Whitepaper
Roadmap:
Vision and Development
Explorer:
https://stohnexplorer.com/
Downloads:
Stohn Coin Core Downloads
GitHub:
https://github.com/StohnCoin-Projects/StohnCoin
Development
Developer Reference
Public RPC Node
Stohn Bridge
Announcements

