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
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Advanced

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

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
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
Last modified 6mo ago
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