RIF Coin (RSK Infrastructure Framework), a built-on-Bitcoin Layer 2 token, is gaining significant traction in the crypto markets. It recently achieved a remarkable price surge, jumping over 300% in just few minutes. The surge is whipping up the interest of notable players in the crypto world. An initiative from the RSK team, RIF is dubbed as 'Layer 3' of Bitcoin, aimed at scaling Bitcoin-based smart contracts and tokens. With this, Bitcoin's Layer 2 tokens are expected to perform well, soaring double digits, matching BTC's 25-month high. Peter Schiff, a well-known Gold Bug, seems to already lament missing out on Bitcoin from its inception.
Developments around RIF also include the introduction of the RIF Flyover Protocol by IOVLabs, which enables valuable transfer between BTC and Rootstock (RSK). Concepts from Ethereum continue to be integrated into Bitcoin's environment with the formation of DAO (Decentralized Autonomous Organizations) on Rootstock. The addition of RIF to the Edge crypto wallet and integration of Chainlink onto Bitcoin's sidechain RSK are notable events.
RSK's expansive reach is evident in its partnership with Argentina for a scholarship program. The top 10 list of crypto domain name providers for 2023 features RIF, attesting to its growing influence. In the current climate, yield opportunities from Bitcoin are flourishing and RIF's progress positions it as a viable platform to watch out for.
RIF Coin News Analytics from Tue, 14 May 2019 07:00:00 GMT to Mon, 16 Sep 2024 17:35:24 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
