RIF Token

by RIF Labs Limited

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IPFS

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BitNew Chain

by BTN Foundation

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RIF Token

by RIF Labs Limited

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IPFS

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BitNew Chain

by BTN Foundation

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What problem does this service solve?

RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.

Token Stats

Company Description

RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem(BTN-DC), and decentralized storage subsystem(BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

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