ARTIS 2.0 - Transition
ARTIS 2.0 (Whitepaper)
ARTIS 2.0
ARTIS 1.0 <> ARTIS 2.0 Comparison
ARTIS 2.0 will start as a new blockchain network in Q3/2021.
ARTIS 1.0 will be stopped in April 2022.
Technical Base Layer
ARTIS 1.0 (ARTIS ∑1)
ARTIS 2.0 (ARTIS ∑2)
1: Compatibility with Ethereum
100%
100%
2: Chain Type
Sisterchain (ATS*)
Sidechain (sEUR)
3: Token Structure
Single token (ATS*)
Dual token (sEUR | ATS)
4: Interoperability
TokenBridge
TokenBridge + OmniBridge
5: Staking
PoS for Validators
Public dPoS (POSDAO)
6: Staking Token
ATS* (not listed)
ATS
7: Mainnet Launch
Nov. 14, 2018
Q3/2021 (plan)
8: Block Time
5 sec.
1-2 sec. (typically)
9: TPS
135 (standard transactions)
450 (reported)
10: Metatransactions
Yes
Yes
11: Randomness
not available
Within the protocol
13: Censorship Resistant
No
Yes
14: Transaction Finality
Probabilistic
Instant
15: MEV
possible
unlikely / impossible
16: Network Synchrony
Synchronous / Asynchronous
Asynchronous
17: Transaction Fees
in ATS*
in sEUR (0-10 Gwei)
18: Streaming Money
not available
Within the protocol
ARTIS 2.0 is similar to the xDai Chain and uses the sEUR token from Synthetix as its coin and for payments on the network. The use of a stable coin like sEUR has the advantage of a better predictability of transaction fees calculated in Euro.
The outstanding technical difference to other blockchain systems is the use of the fully asynchronous Honey Badger BFT consensus and the native support of streaming money using the Superfluid protocol.
Security for ARTIS 2.0 will be delivered via the ATS token, which has to be staked by Candidates / Validators and is also used by Delegators in the dPOS like POSDAO system.
Operation & Governance
Transaction fees will be zero for whitelisted applications and otherwise will be paid in sEUR in order to make cost predictable for businesses.
ARTIS 1.0 (ARTIS ∑1)
ARTIS 2.0 (ARTIS ∑2)
Number of Validators nodes
8
19
Number of Candidate nodes
n.a.
100 (max.)
Governance through
Validators
ARTIS DAO (gATS token)
Tokenomics
The total token supply for ARTIS 2.0 will be defined by the migration of ATS* coming from ARTIS 1.0 via the xDai Chain enabled for 1 year. The migration is described here.
ARTIS 1.0 (ARTIS ∑1)
ARTIS 2.0 (ARTIS ∑2)
Total Supply
300m ATS* + 6,307,200 ATS* yearly block rewards
300,000,000 ATS (capped)
Circulating Supply
311,790,000 ATS* (Oct. 11, 2020)
90,000,000 ATS (estimated for the start in Q3/2021)
Emission
1 ATS* / block
via EasyStaking and PoS + dPoS Rewards (details to be defined)
Inflation
2.1% p.a
0% (planned deflation)
Validator / Delegator Stake
4.5m ATS* Validator
TBD
Staking Reward
about 15% p.a
TBD
Last modified 1yr ago
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