RSK Infrastructure Framework Research Hub | RIF information, history and analysis
RSK Infrastructure Framework is a suite of open decentralized infrastructure protocols that relay on blockchain based smart contracts to enable faster, easier and scalable development of distributed applications (dApps). RIF Labs, the RSK Infrastructure Framework’s development team, plan to accomplish this by designing an open standard protocol that allows developers to integrate their products and services seamlessly within the RSK ecosystem, provided they are compatible with the underlying architecture of the RIFOS protocols. RSK is the first open-source smart contract platform secured by the Bitcoin Network that is:
- Security: RSK blockchain is secured by merge-mining, which means that RSK can achieve the same security as Bitcoin in terms of double-spend prevention and settlement finality.
- Scalability: RSK can scale up to 100 transactions per second without sacrificing decentralization.
- Flexibility: Instant payments allow new use cases, such as retail-ready store payments and micro-credits.
RIF is a native token of the RSK Infrastructure Framework ecosystem, operating on RSK according to ERC677 standard, and can be used to:
- Staked as collateral for minting various assets within the RIF DeFi ecosystem such as RIF Dollar (RDOC).
- Consume the services that are compatible with the RIF architecture.
$RIF is developed on the Solana blockchain, with a total supply of 999,655,351 $RIF fully distributed in the market. This facilitates investors’ participation.
Investors can find $RIF on CEXs like Biget and HTX, as well as on DEXs like Raydium and Orca. This indicates the significant potential of $RIF in supporting scientific research.
IOV Labs released a $2.5m grants program for the RIF ecosystem
These improvements have driven RIF to increase over 30% in the last 24 hours and up 119% in 3 months.