# Competition 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](https://598102864-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MJ6XK28t44RFy_Rkkty%2F-MWyqPQjsgluOxHdhlXQ%2F-MWytBvhw1P6NFkA_uhY%2Fimage.png?alt=media\&token=0f316120-746a-4fdc-b9d2-1c9c3df40789) {% tabs %} {% tab title="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](https://docs.artis.eco/about/sovereign-operating-system/decentralized-id-layer) | **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 | | {% endtab %} | | | | {% tab title="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](https://docs.artis.eco/about/r-and-d/honeybadger-bft-testing-sonnwende+-project#honey-badger-bft-performance-tests)) | AuRa | Random Walk Monte Carlo + Central Controller | | Network Synchrony | **Asynchronous** | Synchronous / Asynchronous | Centralized (see [shutdown for 12 days](https://www.coindesk.com/iota-being-shut-off-is-the-latest-chapter-in-an-absurdist-history) \[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](https://docs.artis.eco/about/sovereign-operating-system/decentralized-id-layer) | **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](https://docs.artis.eco/about/r-and-d/honeybadger-bft-testing-sonnwende+-project)) | 135 (estimated) |

50 (estimated)

1000 (reported) \[1]

| | Transaction Finality | **1-2 sec.** | 1 min. | ca. 80% after 10 min. ([link](https://thetangle.org/)) | | Streaming Money | **Within the protocol** | Not available | Not possible | |

Actual Load
(Feb. 15, 2021)

| - | ca. 1 TPS | ca. 7 TPS | | Explorer | - | [Link](https://explorer.energyweb.org/) | [Link](https://thetangle.org/) | ### 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] \[2] \[3] {% endtab %} {% endtabs %}