RIF Token

by RIF Labs Limited

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IPFS

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Elrond

by Elrond

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RIF Token

by RIF Labs Limited

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IPFS

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Elrond

by Elrond

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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.Elrond will allow developers to create more scalable DApps with faster transaction times.

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.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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