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.

Simplified Comparison: ARTIS ∑2 | Energy Web Chain | IOTA

Light

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
Sovereign Identity	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

Advanced

Market and Organization

	ARTIS ∑2	Energy Web Chain	IOTA
Market Cap (Feb. 15, 2021)	EasyAuction March 26, 2021	$430 million	$3.7 billion
Mainnet Launch	Q3/2021 (plan)	July 2019	July 2016
Total Token Supply	300,000,000 ATS	100,000,000 EWT	2,779,530,283,277,761 MIOTA
Circulating Supply (Feb. 15, 2021)	ca. 90,000,000 ATS (initially planned)	33,034,323 EWT	2,779,530,283,277,761 MIOTA
Validators	Permissionless	Permissioned	Central Controller
Funding	ARTIS DAO	Energy Web Foundation	IOTA Foundation
Governance	Decentralized via gATS Token (planned)	Centralized	Centralized

General Info

	ARTIS ∑2	Energy Web Chain	IOTA
Chain Type	Ethereum Sidechain	Consortium Chain	DAG (called Tangle)
Consensus	HBBFT (more details)	AuRa	Random Walk Monte Carlo + Central Controller
Network Synchrony	Asynchronous	Synchronous / Asynchronous	Centralized (see shutdown for 12 days [2])
Keys Reusable	Yes	Yes	No
Smart Contracts	Yes	Yes	No
DeFi Infrastructure	Yes	No activity	Not possible
Spam Protection	Tx Fees	Tx Fees	Proof-of-Work
IP Address needed for	Validators	Validators	every Edge Device
Sovereign Identity	Yes	No (using Kilt)	No

Performance

	ARTIS ∑2	Energy Web Chain	IOTA
Send Transaction	instant	instant	1-5 min. (upload time, PoW on device)
Block Time	1-2 sec.	5 sec.	-
TPS Capacity	450 (reported)	135 (estimated)	50 (estimated) 1000 (reported) [1]
Transaction Finality	1-2 sec.	1 min.	ca. 80% after 10 min. (link)
Streaming Money	Within the protocol	Not available	Not possible
Actual Load (Feb. 15, 2021)	-	ca. 1 TPS	ca. 7 TPS
Explorer	-	Link	Link

Cost

	ARTIS ∑2	Energy Web Chain	IOTA
Transaction Fees	€0 (20% of block gas limit) €0.0002 (Rest)	€2.1*10^-13	€0.0013 [3]
Stable Tx Fees	Yes	No	No
Edge Device Cost	Very low	Very low	Medium
Validator Cost	Medium	Medium	Medium

Token System & Interoperability

Token Structure	Dual token (sEUR | ATS)	Single Token (EWT)	Single Token (MIOTA)
Other tokens possible	Yes	Yes	Colored Coins (planned)
Interoperability	TokenBridges + OmniBridges	TokenBridge	No
Staking	Public dPoS (POSDAO)	No	No
Staking Token	ATS	No	No

Other Distinctive Properties

	ARTIS ∑2	Energy Web Chain	IOTA
Metatransactions	Yes	Yes	No
Protocol Randomness	Yes	Not available	Not available
Compatibility with Ethereum	100%	100%	No
Censorship Resistant	Yes	No	No (Centralized)
Miner Extractable Value (DeFi)	unlikely / impossible	possible	No, DeFi not possible

[1] https://cointelegraph.com/news/who-scales-it-best-inside-blockchains-ongoing-transactions-per-second-race

[2] https://www.coindesk.com/iota-being-shut-off-is-the-latest-chapter-in-an-absurdist-history

[3] https://www.reddit.com/r/Iota/comments/8y831e/iota_costs_000166_in_electrical_fees_to_submit_a/