Differences and similarities between ARTIS and Ethereum

by lab10 collective

ARTIS is an independent Blockchain that stands on its own, but is built using the Ethereum code base. Thus, it shares many similarities with the Ethereum blockchain. However, ARTIS has its very own distinct characteristics and features that cannot be found on Ethereum.

For ARTIS, the concept of 'Streems' (literally flowing cash) demands a change of the protocol which would be difficult to get through an EIP (Ethereum Improvement Proposal). Furthermore, we need a consensus with fast finality and can't use Casper, the soon activated PoS consensus for Ethereum. But the most obvious reason is the distribution of the base coin, which is needed to pay for transactions. For ARTIS, over time approximately 75% of ATS will be distributed for free to Members of the ARTIS network, and this will allow a broad application of real-life use cases. Read more about it here.

To summarize, ARTIS addresses three major blockchain problems: scalability, energy consumption and a fair distribution of coins to 'accountable pseudonyms' (uniquely registered humans called Members).

Differences between ARTIS and Ethereum

The following table compares the main differences between ARTIS and Ethereum:

Similarities between ARTIS and Ethereum

There are quite a few things that these two blockchains have in common. The following table shows the main similarities between ARTIS and Ethereum:

All the software development in and around ARTIS will be provided as open-source, actively supporting the Ethereum ecosystem as well.

 

How ARTIS is solving the three biggest challenges of blockchains today

If you would like to dive deeper into the topic of blockchain problems, read our full article here. On this page, you can find out how ARTIS is tackling these common blockchain problems and providing novel solutions to them.

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