ARTIS ECO
  • Welcome to ARTIS ECO
  • About ARTIS ECO
    • Features
    • Roadmap
    • Sovereign OS
      • Digital Wallet - Minerva
      • Sovereign ID Layer
        • DID Registration
        • Verifiable Credential Management
        • Transaction Relayer
      • Decentralized Storage Layer
        • IPFS
        • SWARM
    • Use Cases
      • Energy Communities & P2P Trading
      • Asset Tokenization
      • Data Marketplace
      • Community Currencies
      • Physical Internet Platform
      • Multimodal Traveling Platform
      • Satellite Monitored Carbon Sequestration
    • Comparisons
      • ARTIS 2.0
      • xDai Chain
    • R&D
      • Honey Badger BFT - Testing (SonnWende+ Project)
      • ARTIS Energy Efficiency
    • Wallets
  • ARTIS 2.0 - Transition
    • ARTIS 2.0 - Transition Overview
    • Step 1: Transition Bridge
    • Step 2: Launch Contract
    • Step 3: Gnosis Auction
    • Step 4: Honeyswap Listing
    • Step 5: ARTIS ∑2 Genesis
  • ARTIS 2.0 (Whitepaper)
    • Introduction
    • Challenges & Solutions
      • Real-Time
      • Efficient
      • Sovereign
      • Effortless
    • Markets
    • ARTIS DAO
    • Exchange Listing
    • Liquidity & Staking
    • Competition
    • Tokenomics
    • Conclusion
  • Archive
    • Education Package
    • Tools
      • Explorers
      • ARTIS <> Ethereum Bridges
      • ARTIS <> xDai Chain Bridge
      • Governance DApps
      • ARTIS NFC Demo App
      • tATS Faucet
    • Getting ATS coins
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  1. ARTIS 2.0 (Whitepaper)
  2. Challenges & Solutions

Efficient

Efficiency on ARTIS ∑2 is two-fold, it consumes almost no energy per transaction and it avoids front running and censorship on the consensus layer.

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Last updated 4 years ago

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Consensus protocols - basically the way how servers define the truth about shared data - determine to a large part the performance and energy consumption of a blockchain system and also how much influence validators (or miners, or pools) have on the ordering or censoring of transactions.

ARTIS ∑2 uses a new and novel consensus protocol called Honey Badger BFT (HBBFT) consensus. It is built into the client (formerly known as Parity client), currently maintained by Gnosis.

All validators work in a cooperative way together to form new blocks through a threshold signature scheme, where once 2/3 of all validators have signed the block, the outcome is revealed and also finalized.

Due to the cooperative and leaderless nature of the Honey Badger BFT (HBBFT) consensus the energy consumption of ARTIS ∑2 is only:

Energy (Wh) / Transaction

Human Radiation (100 Watt)

Relativ to Visa

0.0035

0.1 sec.

>500x better

Furthermore, the use of threshold signatures among the validators effectively mitigates the risk of front running and censorship on the protocol layer. This doesn't just reduce fraud, it also reduces automated load on the system, when it comes to financial transactions.

ARTIS ∑2 will be one of the most efficient blockchain system on the market.

published in 2016 by Andrew Miller et al.
OpenEthereum