You have questions about:
- General Topics
- Real-life use cases (& Streems)
- ATS coin
ARTIS is a Blockchain built to serve as a foundation for decentralized applications by providing an open-source ecosystem sharing many similarities with the Ethereum Blockchain and therefore enriching the application space for new business models. Furthermore, ARTIS will be one of the first Blockchains utilizing the Plasma design pattern to connect to Ethereum.
ARTIS as a Blockchain network has its own base coins called "ATS". They are used to pay transaction fees on the network and can be streamed. ATS are NOT ERC-20 Tokens.
ARTIS has no connection to "Artis Turba" in any way. Information about the ARTIS Blockchain will only be published on https://ARTIS.eco and our official social media channels.
ARTIS is compatible with the Ethereum development ecosystem (EVM & code base) and provides the same Turing complete smart contract functionality but has key differences to Ethereum in terms of the consensus mechanism and coin emition model.
ARTIS will be one of the first blockchains that will utilize the Plasma design pattern to connect to Ethereum. ARTIS enriches the whole blockchain ecosystem by addressing three major problems: Scalability, energy consumption and a fair distribution of coins. ARTIS also introduces the concept of 'Streems' that will literally enable cash to flow much like fluids. Also, Ethereum-based Tokens would still be using the energy intensive PoW (Proof of Work) consensus which ARTIS does not. Those are key differences in scope, functionality and purpose.
No. The future will have many interlinked Blockchains while the technology and applications are still evolving. By linking ARTIS with Ethereum, ARTIS becomes part of the same ecosystem and is collaborating and contributing, not competing.
The lab10 collective e.G. is a cooperative based in Graz, Austria. It is the organization that is developing - among other projects - the ARTIS Blockchain network. All of our projects are supporting the transition to a free, fair and educated society. We currently consist of 38 members and are a purpose-driven and profit-oriented cooperative. We always seek new talent and like-minded people to join our efforts. Meet the team and find out more at https://lab10.coop
As opposed to Blockchains that use the energy-intensive Nakamoto consensus algorithm (Proof of Work), ARTIS will work with a combination of PoS (Proof of Stake) and PoA (Proof of Authority) consensus mechanisms, specifically with the so called "Honeybadger". Not only does this give the Blockchain the functionality it requires (fast block time and finality), but it also saves a LOT of energy without compromising on security or speed.
For technical suggestions and improvement proposals, the global developer community can contribute through open source platforms (similar to how Ethereum uses EIP (Ethereum Improvement Proposal) to manage suggestions). For non-technical proposals, ARTIS plans to use its trusted network in combination with Liquid Democracy to allow decentralized decision making.
ARTIS allows all sorts of business models which will work on a smart contract platform. Time based payments, like subscriptions, wages or installments can also leverage the power of STREEMs, a form of value exchange so far unique to ARTIS. The ARTIS Blockchain Network is built for the deployment of DApps and offers significant advantages over using Ethereum for this purpose: Faster block times and a less congested network. Lower and more predictable transaction fees while being fully compatible with Ethereum in terms of code. In short: If your code runs on Ethereum, it will run on ARTIS. If you as a developer have specific questions for integration please contact our team directly. Your best bet for this is our Slack channel.
In short: Convenience. Just imagine a service where you pay-per-use like consuming media or urban parking. When you start using the service, you don't always know for how long you are going to use it. You just have to start a STREEM (automatically) and end the STREEM (automatically). Transaction costs arise only at the start and at the end. In other use cases, STREEMs avoid risk asymmetry caused by discrete payments in advance or afterwards.
A simple example is paying for parking: As you park your car, the parking spot sends a trigger and your car (its wallet) streems money automatically for the service. It stops the Streem once you leave the parking lot.
Discrete payments are available. On a technical level they are handled differently than Streems but they are of course possible.
Yes. Because ARTIS shares the same code base with Ethereum and uses the EVM, you can deploy any Ethereum-based application on ARTIS as well and use Ethereum development tools.
The development of ARTIS is in full swing and our mainnet, Sigma1 went live in November 2018. If you would like to participate in the ARTIS development, please contact us.
No, but ARTIS shares the same code base with Ethereum: We are building on the achievements of a large and established community instead of re-developing everything from scratch. It will be easy for developers who already know Ethereum to develop for ARTIS.
ARTIS will be using a combination of PoS (Proof of Stake) and PoA (Proof of Authority), the so called "Honeybadger" consensus mechanism.
As a Plasmachain network, ARTIS is closely connected to Ethereum. Updates on Ethereum are therefore constantly watched and implemented in ARTIS (if compatible). Furthermore, developments and improvements are actively provided to the Ethereum ecosystem as open-source. As a Plasmachain network, ARTIS is closely connected to Ethereum.
Every EVM compatible smart contract language (e.g. Solidity) can be used for ARTIS.
Our Virtual Machine will be the same as the one Ethereum is using - the EVM.
When applications use STREEMs, transactions will most likely be very inexpensive due to the low number of transactions and the direct implementation in the protocol. Transaction fees for discrete payments and one-time value transfers depend on the load on the Blockchain. Proposed future scaling suggestions like Sharding will come in handy to further scale the number of possible transactions per second and avoid raising transaction costs.
The easiest way is for you to introduce yourself to our developers in our social channels or even offline. They are friendly, down to earth people and value your questions, inputs and contributions. We are always looking for talented people who share our vision of a free, fair and educated society and want to get involved! A less direct approach is simply subscribing to our newsletter to stay up to date.
ATS are the base coins of the ARTIS blockchain and are needed to use this public blockchain.
You can (directly as well as indirectly) pay for any service launched on top of the ARTIS Blockchain. ATS coins are also needed to pay transaction costs.
Accounting in the real-world is typically a period-based activity, e.g. monthly. In systems working with Streems, the total amount payed during a specific time period will be used for accounting. This specific amount would have to be stored in the accounting software.