RSK Infrastructure Framework

RSK Infrastructure Framework

Live RIF price analysis

The current real-time price of RSK Infrastructure Framework is US$0.1934and its trading volume is equal to US$4,757,048 in the last 24 hours. RIF price has fell on

0.10%

on the last day and decreased by

10.66%

in the last 7 days. It is important to note that the current market capitalization of RSK Infrastructure Framework is US$193,364,493Speaking of negotiable supply, RIF 1,000,000,000 coins. The RSK Infrastructure Framework’s current market rating is #235.

RSK infrastructure structure price today
57.88%

below
always on top and that’s it
2929.84%

higher
always at a low level.

All data and prices are updated in real time. The most active and popular exchanges for buying or selling REEF are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.

What is the RSK infrastructure structure?

The RSK Infrastructure Framework or RIF token is the official currency underlying the open standard Root Infrastructure Framework or simply RIF OS. The latter is a blockchain-based infrastructure for developing decentralized applications (dApps). It is powered by RSK.

RIF mainly performs the function means of exchange within the entire ecosystem projects using the RSK Infrastructure Framework. This also includes decentralized applications (dApps) deployed on the RIF OS Marketplace.

Other uses for the RIF token include prizes, grants, and rewards. Essentially, it can be used to motivate users to take specific actions.

It is important to note that the RIF token ERK-20 compatible.

The maximum limit is 1,000,000,000 RIF tokens. In other words, RIF OS has a limited number of RIF tokens. This could mean that as RIF tokens become more scarce, the price of RIF will rise.

RIF tokens were distributed as follows:

  • 40% – RIF Labs;
  • 40% – Private sale;
  • 20% – Founding team and shareholders.

RIF OS held Token Generation Event (TGE) at the end of 2018. This is when the entire supply of RIF tokens was generated.

There are no public sales associated with the RIF token. However, RIF OS held a private sale of RIF tokens.

Since RIF is a cryptocurrency, it can be volatile. Stay up to date with our tracker found above. It will provide a deeper look at the price history of RSK Infrastructure Framework or the current price of RIF in the chart above.

What are the main features of the RSK infrastructure?

RIF OS is a blockchain-based protocol infrastructure required for dApp development. Essentially this is provides an environment for creating universal dApps.

As discussed in the “What is RSK Infrastructure” section, RIF OS is deployed on RSK, a network of smart contracts. There are several reasons for creating RIF on RSK, however it was mainly chosen due to its security due to Bitcoin net.

It is well known that Bitcoin faces scalability issues. RIF OS solves this problem by deploying the RIF Lumino network, an exclusive version of RIF. Lightning Network.

In addition to improved scalability, Lumino increases transaction speeds and reduces costs. It is also said to be compatible with the aforementioned Lightning Network.

Although the RIF token is ERC-20 compatible, the RIF OS platform Ethereum compatible. Simply put, it allows developers to seamlessly transfer your dApps from the Ethereum network to RIF OS and vice versa.

The entire RIF OS ecosystem is centered around the decentralized sharing economy (DSE). Its main services include:

  • RIF Identity – ID management tool with an integrated reputation system;
  • RIF Payments is a blockchain protocol whose main function is to provide access to off-chain payment networks;
  • RIF Storage is a decentralized storage protocol;
  • RIF gateways are blockchain interaction protocols. Their capabilities revolve around facilitating interactions between blockchain networks and users;
  • RIF Communications It is a P2P network communication protocol. This allows users to communicate in a decentralized manner without compromising security and anonymity;
  • RIF trading platform it is a decentralized marketplace where users can purchase decentralized services. For example, RNS domains, storage or blockchain notifications. In addition to one-time purchases, RIF Marketplace also supports subscriptions.

One of the main goals of the project is to accelerate the mass adoption of the decentralized sharing economy among individuals and, in turn, contribute to the popularization of blockchain technologies.

Who designed the RSK infrastructure structure?

The idea of ​​the RSK Infrastructure Framework crypto project was born in 2016. launched in early 2018 by IOV LabWith.

The founding team consists of 5 people – Sergio Demian Lerner, Diego Gutierrez Saldivar, Ruben Altman, Adrian Eidelman, And Gabriel Kurman.

Diego Gutierrez Zaldivar is the CEO of the RSK Infrastructure Framework project. He has been working in web development for over 20 years. In addition to RIF Labs, he also co-founded RSK Labs, SystemaD, the NGO Bitcoin Argentina, and Restocoins.com.

Sergio Demian Lerner has been an active member of the crypto community since 2011. He is currently the Director of Security at RIF Labs. Other blockchain projects Sergio has been involved with include Coinspect, Coinfabrik, WayniLoans, ASICBoost, Identiva Security and Pentatek.

In addition, the RSK Infrastructure Framework crypto project has managed to establish partnerships with major players in the crypto sector, such as OAK Node and BitGive.

Before you start the project, be sure to take a look at the RSK price in the chart above.

What is the trading volume of RSK Infrastructure Framework in the last 24 hours?

RIF has trading volume US$4,757,048 in the last 24 hours.

What is the highest price for RSK Infrastructure Framework?

RIF has the highest price $0.4591which was achieved at April 12, 2021 (2 years 10 months ago).

What is the lowest price for RSK Infrastructure Framework?

RIF has the lowest price $0.0064which was achieved at December 11, 2022 (1 year 2 months ago).

Which exchanges are best for buying and selling RIFs?

Currently the most active and dominant exchanges for buying and selling RSK Infrastructure Framework are Binance, Kraken & Kucoin. The most popular RSK infrastructure structure trading pairs RIF/USDT
(on
Binance
),
RIF/USDT
(on
Gate.io
),
RIF/BTC
(on
Binance
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

Which hardware wallets are the most secure for storing RIF?

According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage RSK infrastructure structure. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.

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Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.

Consider factors like security, fees, available coins, user interface, and customer support.

Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.

Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.

Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).

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Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.

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 A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.

Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.

It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.

Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.

Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.

Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.

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