RIF TokenRIF Token RIF news

Price, 24h
0.08482 USD / 0.00000970
1.65% / -4.62%
Volume, 24h
63,663 USD
0.00%
Marketcap
38,076,752 / 0.01%
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RIF Name Service now lets users manage domains from any blockchain

IOV Labs, an organization dedicated to the development of RSK Smart Contract Network and RSK Infrastructure Framework OS (RIF OS) Protocols, today launched RIF Name Service Multi-Crypto. A first for the industry, the improved RIF Name Service (RNS) is the only service that supports and manages domains originating from any blockchain. Previously, RNS could only […]
CryptoNinjas

RIF Labs Launches 3rd-Layer Scalability Solution Capable of Processing Up to 5K TPS

RIF Labs Launches 3rd-Layer Scalability Solution Capable of Processing Up to 5K TPS RIF Labs — owner of bitcoin-based smart contract sidechain Rootstock (RSK) developer RSK Labs — has launched a third-layer scalability solution capable of processing up to 5,000 transactions per second. The news was revealed in a press release from RIF News on […] Cet article RIF Labs Launches 3rd-Layer Scalability Solution Capable of Processing Up to 5K TPS est apparu en premier sur Bitcoin Central.
Bitcoin Central

RIF Lab Launches Lumino Project: The New Live Scaling Solution for Bitcoin Blockchain

Coinspeaker RIF Lab Launches Lumino Project: The New Live Scaling Solution for Bitcoin BlockchainRIF Labs announced their the new project called Lumino went live. The project is designed to decrease the problem with scaling Bitcoin networks and considered to be “the first step towards a scalable network infrastructure.” The CEO of Diego Guitierz Zaldivar said:“The launch of the RIF Lumino Network is a major milestone in our path to enable a global and inclusive financial system. Blockchain scaling solution are a priority for both RSK and RIF because they are key to serving billions of individuals around the world that are excluded from the traditional financial system.”Lumino Main FeaturesThe Gibraltar-based company explained that Lumino technology is similar to the Lightning technology of Bitcoin. The significant advantage of RIF Lab’s project is the ability to scale transaction volume, as per the company, Lumino is able to process 5000 transactions per second (tps). However, to see the difference, Visa network can manage as much as 65000 tps – so there’s still some place for improvements here.Lumino is going to run with all the tokens used on RSK Network (by the way, there are more than a dozen of them until now). Lumino allows users to transact off-chain in state channels. Gabriel Kurma, a Strategist at RIF Labs said:“We are very excited because the RIF Lumino Network will enable solutions built on RSK to benefit from off-chain state channels. Fast, secure and low-cost transaction will be key to the development of use cases for cryptocurrency technologies.”Lumino as a Step Forward after RSKLet us remind that RSK Network, launched in 2018 by RIF, is a sidechain. It means that it works parallel to the main blockchain, which, if dig a bit deeper, gives a great advantage, as this way it can use rather complex things as smart contacts without increasing the load of the system.RSK Network could process 100 transaction that is not enough for effective work. RIF explained it in the following way:“While the RSK Network added smart contract capabilities and on-chain scaling improvements on top of the bitcoin network, it is not enough to achieve transaction processing levels on par with those offered by major payment processors around the world.”On the other hand, they declared that Lumino is going to solve this problem at a low price, because of its “near-instant processing capabilities and network transaction costs at a fraction of a cent”.To conclude, the main buzz that is continually made around Bitcoins is connected with scalability. Blockchain grows all the time and needs more and more terabytes. The RIF team is doing a lot of research about scaling, and, by creating Lumino, they believe thay’ve made the first great step towards scalable network infrastructure.RIF Lab Launches Lumino Project: The New Live Scaling Solution for Bitcoin Blockchain
Coinspeaker

RIF Labs: Bitcoin Is The Real Ethereum Killer

RIF Labs anticipateS Bitcoin (BTC) will be able to scale to upwards of 60M users within the next few years, as the project launches Lumino Network, a new protocol for off-chain transactions on the Lightning Network. “Using RSK network [the bitcoin-based smart contract platform] we could scale to 60M users,” said Sergio Damian Lerner, RIF Labs’ Chief Scientist, during his talk. While other platforms are growing fast, they can collapse as it becomes increasingly harder to verify transactions. RIF OS is a suite of open and decentralized tools designed to facilitate the development of dApps on the RSK network, which seeks to provide Bitcoin with the capabilities of the Ethereum network. The RSK Network does so by introducing smart contracts and decentralized applications on a platform that is indirectly connected to the Bitcoin blockchain. Through merge-mining, the platform is able to leverage the existing Bitcoin security infrastructure. Gabriel Kurman, who is also one of the company’s community directors, told Crypto Briefing at Consensus that Bitcoin was a far better foundation for developing a decentralized ecosystem than many of the blockchain platforms, Ethereum (ETH) or EOS, that are currently in use. “Bitcoin is the strongest network in the ecosystem,” said Kurman. “What we’re doing is adding additional functionality to its secure infrastructure.” The general view is that although Bitcoin can be a stable store of value, its technological limitations prevent it from fulfilling its original objective of becoming a global peer-to-peer payments system. But RIF Labs believes implementing off-chain protocols will enable projects to essentially bypass the scalability concerns while leveraging Bitcoin’s unmatched security. Off-chain solutions also come with the added benefit of not having to store all transaction information forever, greatly reducing storage needs in the long term. All tokens on the RSK platform are therefore able to benefit from Lumino’s claimed 5,000 TPS, including the platform’s native RBTC token, which maintains a two-way peg with BTC. Compared to many other crypto projects, RIF is as old as the hills. Kurman admits that he and the rest of the team were “very frustrated” when Ethereum started using smart contracts way back in 2015. He thinks most people simply, “don’t recognize its true potential.” But he believes the community is slowly moving away from its initial scepticism and beginning to understand that Bitcoin may be more than just a simple store of value: it could be a one-stop solution for all their blockchain needs.   Additional reporting by Paddy Baker. The post RIF Labs: Bitcoin Is The Real Ethereum Killer appeared first on Crypto Briefing.
CryptoBriefing

RIF Lumino Network launches on top of RSK and Bitcoin

CryptoNinjas RIF Labs, the owner of RSK Labs, has officially launched the RIF Lumino Network as part of the RSK Infrastructure Framework (RIF OS). The first network to bring smart contract capabilities to the Bitcoin blockchain now has... RIF Lumino Network launches on top of RSK and Bitcoin
CryptoNinjas

RIF Labs, Owner of RSK Labs, Opens Blockchain Innovation and Development Studio for Bitcoin

It has been recently revealed that the first-ever likes of a Blockchain Innovation and Development Studio for Bitcoin [BTC] and RSK/RIF OS has opened up in San Francisco. As reported by Crypto Ninjas, the aim of the studio is to offer developers with a set of tools that would help them better integrate “decentralized infrastructures”. […]
Bitcoin Exchange Guide

Blockchain development studio for Bitcoin, RSK & RIF OS opens in San Francisco

CryptoNinjas RIF Labs, owner of RSK Labs, and Monday Capital, announced the launch of the first Blockchain Innovation and Development Studio for Bitcoin, RSK and RIF OS in San Francisco and a global Ecosystem Fund. The Studio will create new developer tools that will streamline the integration... Blockchain development studio for Bitcoin, RSK & RIF OS opens in San Francisco
CryptoNinjas
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Coin Source Will Bring Dai to Its ATM Users

Stable currencies are all the rage as of late, primarily because they aren’t prone to the price swings and volatility one often witnesses with mainstream digital assets such as Ethereum and Litecoin. If you want to invest in crypto but are nervous about the prospects, stable currencies could be the answer. Now, they’re earning an even larger boost through companies like Coin Source, a Texas-based operator of cryptocurrency ATMs. Coin Source Brings Stability to Crypto The venture recently announced that it would be adding the stable asset Dai to its many ATMs located throughout the southern United States this summer. The addition of the coin is “in preparation” for what the company calls a widespread remittance program, in which workers will be able to send money home to their families in the form of Dai or other cryptocurrencies that they can trade or sell. Travis Gough, chief product officer at Coin Source, comments: In remittances, people want to save as much value and they don’t want to be subjected to the high volatility that you’re seeing in bitcoin and other cryptocurrencies that can be very speculative. Price swings are a persistent worry in the crypto space, and likely never to leave enthusiasts’ minds fully. At the same time, it’s easy to suggest that currencies like bitcoin are suddenly easier to accept given these swings are now traveling north. Since April of this year, bitcoin has been enjoying a serious bull run, having jumped by nearly 200 percent in just the last three months alone. After a lengthy period of traveling through the doldrums at the mid-$3,000 range, the currency began its new string of price spikes last April with a sudden (and unexpected) jump to $5,000. The good news this time around is that bitcoin’s sudden behavior is likely being sparked more by market trends, which will make this bull run more stable than the one that occurred in 2017, reportedly the subject of manipulation by users of the stable currency tether. Along with bitcoin, currencies like Litecoin have also surged in price, heightening the crypto space’s present levels of legitimacy. A New and Improved Way to Send Money The Coin Source remittance service – which will at first be available to customers only in the United States – will allow ATMs to transfer Dai and other digital assets between wallets. Once a customer receives funds, they can forward them to the wallets of selected parties granted those parties have satisfied all of Coin Source’s know-your-customer (KYC) requirements. Receiving individuals can then confirm the funds and trade or sell them accordingly. All transactions occurring by way of Coin Source are recorded onto the Ethereum blockchain. At press time, the company operates more than 230 ATMs in nearly 30 states and in Washington D.C. The post Coin Source Will Bring Dai to Its ATM Users appeared first on Live Bitcoin News.
Live Bitcoin News

Amun AG Launches New Exchange-Traded Product With Data Provided By Bitwise Crypto Index

The fintech firm based in Switzerland, Amun AG, released its new plans to launch an exchange-traded product (ETP) using Bitwise 10 Select Large Cap Crypto Index as a benchmark. The Swiss SIX Exchange has already allowed several other ETPs to operate in the country. Amun AG Works On New ETP Bitwise Index Services has just […]
Bitcoin Exchange Guide

OmiseGo Price Analysis OMG / USD: Burning The Stash

OmiseGo has a bullish short-term bias, with the cryptocurrency rallying to a fresh 2019 trading high The four-hour time frame shows the OMG / USD pair has invalidated a bearish pattern The daily time frame time highlights that bulls are attempting a major technical breakout Fundamental Analysis OmiseGo has gained momentum after GO.Exchange announced that it is planning to use its profits to burn OMG tokens. GO.Exchange is a new blockchain project from OmiseGo team, and it marks a major milestone for the OmiseGo ecosystem. OmiseGo / USD Short-term price analysis OmiseGo has a bullish short-term bias, with the cryptocurrency performing a bullish breakout on the four-hour time frame. The four-hour time frame shows that OMG / USD bulls have invalidated a head and shoulders pattern, with price now testing back towards the head of the bearish pattern. Technical indicators on the four-hour time frame are bullish and continue to issue a buy signal.   OMG / USD H4 Chart by TradingView                                                                                  Pattern Watch Traders should note that the upside target of the invalidate bearish and shoulders pattern is located at the November 14th, 2018 swing-high. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although it is now extremely overbought.                                                                                  MACD Indicator The MACD indicator on the four-hour time frame is bullish and continues to issue a buy signal. OmiseGo / USD Medium-term price analysis OmiseGo has a bullish medium-term trading bias, with the cryptocurrency attempting a major breakout on the daily time frame. The daily time frame is showing that OMG / USD bulls are trying to ignite a bullish inverted head and shoulders pattern. The attempted bullish breakout has so far proved unsuccessful, with price slipping back towards neckline support. Technical indicators across the daily time frame are bullish and continue to issue a buy signal.   OMG / USD Daily Chart by TradingView   Pattern Watch Traders should note that the November 2018 trading high is the overall upside target of the bullish pattern on the daily time frame. Relative Strength Index The RSI indicator is also bullish on the daily time frame, although it is correcting from overbought conditions. MACD Indicator The MACD indicator is bullish on the daily time frame and continues to issue a buy signal. Conclusion OmiseGo bulls have successfully invalidated a bearish head and shoulders pattern on the four-hour time frame, opening-the-door for further short-term gains. Medium-term bulls now need to ignite the large bullish pattern on the daily time frame or they risk the prospect of a failed technical breakout.   Check out the OmiseGo coin guide.   OmiseGO ChartChart byCryptoCompare baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; var cccTheme = { "General":{"borderWidth":"0px","borderColor":"#FFF","showExport":true}, "Tabs":{"borderColor":"#FFF","activeBorderColor":"rgba(28,113,255,0.85)"}, "Chart":{"fillColor":"#222","borderColor":"rgba(28,113,255,0.85)"}, "Conversion":{"lineHeight":"10px"}}; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=OMG&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); #ccpw-ticker-24546 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24546 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24546 a.tabperiods.tabperiods_active, #ccpw-ticker-24546 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24546 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24546 .coin-container:after, .ccpw-container_four #ccpw-ticker-24546 .coin-container:after {border-color:#ccc !Important;}   The post OmiseGo Price Analysis OMG / USD: Burning The Stash appeared first on Crypto Briefing.
CryptoBriefing

Approval For Settled Bitcoin Futures On LedgerX

The New York-based LedgerX LLC is “a US-regulated trading platform for physically-settled digital currency derivatives” and has had its application for designation as a contract...
CryptoDaily
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