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Rootstock Infrastructure Framework

RIF

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Investment Risk

About Rootstock Infrastructure Framework

Rootstock Infrastructure Framework (RIF) is a collection of open-source, decentralized protocols that aim to facilitate the development of distributed applications (dApps) within a unified environment. RIF OS protocols are designed to enable broad interoperability and faster time-to-deployment, striving to bridge the gap between blockchain technologies and their mass-market adoption. RIF OS protocols are built on top of the Rootstock (RSK) Smart Contract Network, which is the first open-source smart contract platform with the Bitcoin Network's backing. The RIF token is used as a means of accessing and paying for RIF OS services.

RIF works by providing a set of protocols that developers and organizations can use to access a variety of services across multiple crypto-economies. These protocols include RIF Name Service (RNS), a decentralized service that allows users to have a readable domain or alias, and RIF Gateways, which develops tools and technologies to allow decentralized applications to seamlessly connect to the external world. RIF OS protocols are implemented on top of the Rootstock Smart Contract Network, which is backed by the Bitcoin Network, providing a foundation for the development of dApps.

RIF aims to enable the development of accessible DeFi products. These products can include services that allow users to send digital assets anywhere in the world, utilize USD-pegged stablecoins, access community-supported lending mechanisms, and pay utility bills and receive salaries in crypto. RIF also provides the RIF Name Service (RNS), which can be used to identify personal resources, such as payment or communication addresses, making it easier for users to interact with blockchain technologies.

RIF Labs, the company behind the construction of the RIF OS Protocols, acquired RSK Labs, the company behind the Rootstock Smart Contract Network. The acquisition was driven by the shared principles and mission of both companies to enhance the lives of individuals around the world by building a blockchain-based infrastructure. RIF Labs chose to build its implementation of RIF OS Protocols on top of the Rootstock Smart Contract Network due to its unique position as the first open-source smart contract platform backed by the Bitcoin Network.

Market

Market stats

Market cap

$155.8M

Volume (24h)

$1.7M

Circulating supply

1.0B RIF

All time high

$0.46

Market performance

Price change (1h)

-0.2%

Price change (1d)

0%

Price change (1w)

-12.25%

Price change (2w)

-18.95%

Price change (1m)

-25.01%

Price change (1y)

+14.39%

News about Rootstock Infrastructure Framework

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Franklin Templeton CEO Discusses the Benefits of Blockchain Technology

Jenny Johnson, CEO of Franklin Templeton, emphasizes blockchain's potential to revolutionize asset management by tokenizing real-world assets, offering cost savings and new investment avenues.The post Franklin Templeton CEO Discusses the Benefits of Blockchain Technology appeared first on BeInCry...

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The Block • May 12, 24

Hong Kong’s crypto ETF approvals had Bitcoin Asia attendees eyeing the mainland: SCMP

Hong Kong's approval of spot Bitcoin and ether ETFs is seen by some as a tacit approval of crypto by mainland China, which banned crypto in 2021.

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BeInCrypto • May 12, 24

Shiba Inu Can Now Be Used to Buy Nike, PS5, and Book Airbnb

CoinGate has enabled Shiba Inu (SHIB) holders to use their cryptocurrency to purchase goods from Nike and book services like Airbnb, broadening the utility of this digital asset.The post Shiba Inu Can Now Be Used to Buy Nike, PS5, and Book Airbnb appeared first on BeInCrypto.

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Blockworks • May 12, 24

Funding Wrap: Arbelos raises $28M for derivatives-focused exchange

Plus, zk startup Lagrange scores $13.2 million and an agricultural tokenization protocol announces funding

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BeInCrypto • May 12, 24

Crypto Whales Sell $5.46 Million Worth of Tellor (TRB): Price Impact

Crypto whales have sold $5.46 million of Tellor (TRB), potentially affecting its price. Yet, the market shows resilience, with TRB possibly reaching $232 despite these sales.The post Crypto Whales Sell $5.46 Million Worth of Tellor (TRB): Price Impact appeared first on BeInCrypto.

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DL News • May 12, 24

Tether plans to invest more in CityPay.io to boost Eastern European expansion

Tether CEO aims to drive adoption of cutting-edge technologies that disrupt traditional payment systems.

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Rootstock Infrastructure Framework is on the decline this week.

The price of Rootstock Infrastructure Framework has decreased by 0.20% in the last hour and increased by 0.00% in the past 24 hours. Rootstock Infrastructure Framework’s price has also fallen by 12.25% in the past week. The current price is $0.16 per RIF with a 24-hour trading volume of $1.67M. Currently, Rootstock Infrastructure Framework is valued at 66.08% below its all time high of $0.46. This all-time high was the highest price paid for Rootstock Infrastructure Framework since its launch.

The current circulating supply of Rootstock Infrastructure Framework is 1,000,000,000 RIF which means that Rootstock Infrastructure Framework has as total market cap of 1,000,000,000.

FAQ

What is the current price of Rootstock Infrastructure Framework?

We update our Rootstock Infrastructure Framework to USD currency in real-time. Get the live price of Rootstock Infrastructure Framework on Coinbase.

What is the market cap of Rootstock Infrastructure Framework?

The current market cap of Rootstock Infrastructure Framework is $155.81M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rootstock Infrastructure Framework?

The all-time high of Rootstock Infrastructure Framework is $0.46. This all-time high is highest price paid for Rootstock Infrastructure Framework since it was launched.

What is the 24 hour trading volume of Rootstock Infrastructure Framework?

Over the last 24 hours, the trading volume of Rootstock Infrastructure Framework is $1.67M.

How many Rootstock Infrastructure Framework are there?

The current circulating supply of Rootstock Infrastructure Framework is 1 billion.

Can I buy Rootstock Infrastructure Framework on Coinbase?

No, Rootstock Infrastructure Framework is not currently available on Coinbase, but you can sign up to get the latest news on Rootstock Infrastructure Framework and be notified when it gets added to our exchange.