RIF stands for Rootstock Infrastructure Framework, a protocol aimed at providing open-source decentralized tools and technologies to build easily accessible DeFi products.
MoreRIF is a service layer built on top of the Rootstock blockchain, enabling developers to easily build scalable DeFi products. With the Root Infrastructure Framework Open Standard (RIFOS), users can develop their financial products without knowledge of blockchain technology.
MoreDo you want to buy RIF (RIF)? You can do this at Coinmerce. Select the amount you want to buy, pay fast and easily with SEPA and receive your tokens shortly.
MoreYou want to buy RIF (RIF)? You can buy RIF using SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see RIF, use the search function to search for RIF and click on the name. You can indicate for what amount of euros you want to buy RIF in the right window. Below is shown how much RIF you get for this. Have you entered the correct amount? Then click on "Buy". Do you want to buy RIF with another crypto currency? Then you go to the cryptocurrency you’d like to pay with and click on "Swap" in the right window to indicate that you want to receive RIF.
RIF was founded by multiple Argentine developers, including Sergio Demian Lerner, Diego Gutierrez Zaldivar, and Ruben Altman. They identified several issues with the Bitcoin blockchain, including transaction speed, implementing smart contracts, and the ability for traditional developers to work on the blockchain. They attempted to address these with the Root Infrastructure Open Standard (RIFOS). Rootstock is Bitcoin's first and longest-standing sidechain, providing EVM-compatible smart contract functionality with Bitcoin as the native asset. People worldwide use Rootstock daily to interact with DeFi apps secured by Bitcoin. With RIF, users can conduct crypto payments, send and borrow money on the blockchain in an easy and fast manner. This makes RIFOS an all-in-one, user-friendly blockchain infrastructure service framework that provides developers and organizations access to various services across multiple crypto economies to bridge the gap with blockchain technology. The RIF token is used to access all of these services.