Competition
While ARTIS ∑1 was a blockchain system like many, the ARTIS ∑2 is targeting the needs of the energy and mobility market much more specifically.
ARTIS ∑2 is built to serve the IoT market exceptionally well and therefore it can be compared to Energy Web Chain and IOTA.
Market and Organization
ARTIS ∑2 | Energy Web Chain | IOTA | |
Market Cap (March 6, 2021) | Gnosis Auction May 4, 2021 (for 1 week) | $513 million | $3.69 billion |
Total Token Supply | 300,000,000 ATS | 100,000,000 EWT | 2,779,530,283,277,761 MIOTA |
Validators | Permissionless | Permissioned | Central Controller |
Funding | ARTIS DAO | Energy Web Foundation | IOTA Foundation |
Governance | Decentralized | Centralized | Centralized |
General Info
ARTIS ∑2 | Energy Web Chain | IOTA | |
Chain Type | Ethereum Sidechain | Consortium Chain | DAG |
Smart Contracts | Yes | Yes | No |
DeFi Infrastructure | Yes | No activity | Not possible |
Yes | No | No |
Performance
ARTIS ∑2 | Energy Web Chain | IOTA | |
Block Time | 1-2 sec. | 5 sec. | 1-5 min. upload |
TPS Capacity | 450 | 135 | 50 |
Transaction Finality | 1-2 sec. | 1 min. | 80% after 10 min. |
Streaming Money | Yes | Not available | Not possible |
Cost
ARTIS ∑2 | Energy Web Chain | IOTA | |
Transaction Fees | No or very low | Very low | Low |
Stable Tx Fees | Yes | No | No |
Token System & Interoperability
Token Structure | Dual token (sEUR | ATS) | Single Token (EWT) | Single Token (MIOTA) |
ERC20 tokens | Yes | Yes | No |
Interoperability | Coin & Token Bridges | Coin Bridge | No |
Staking | Yes | No | No |
Other Distinctive Properties
ARTIS ∑2 | Energy Web Chain | IOTA | |
Protocol Randomness | Yes | Not available | Not available |
Censorship Resistant | Yes | No | No |
Last updated
