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updated $0Market cap$83.83M
Volume 24h$7.08M
Circulating supply477.98M
All-time high$0.46-82% from peak · 2021-04-12
RIF OS (ticker RIF) is the utility token of the RIF OS ecosystem, a suite of open-source infrastructure services built on top of Rootstock (RSK), a Bitcoin sidechain. In simple terms, RIF is used to pay for decentralized services like storage, payments, domains, and identity across this ecosystem. It aims to make blockchain-based services accessible to everyday users without needing deep technical knowledge.
Frequently asked questions
What is RIF and how is it different from Bitcoin?
RIF is a token issued on Rootstock (RSK), a smart contract network merged-mined with Bitcoin — meaning it's secured by Bitcoin miners while offering faster and cheaper transactions. Unlike Bitcoin, which is primarily a store of value, RIF serves as a utility token for accessing decentralized services like storage, payments, and naming within the RIF OS ecosystem.
How does the RIF OS technology work?
RIF OS runs on Rootstock, which uses merge-mining with the Bitcoin network for security — the same miners that secure Bitcoin also verify RSK blocks. Smart contracts on RSK are compatible with Ethereum tooling, so developers can build services using familiar tools. The RIF token acts as the common payment layer connecting these services together.
How is the RIF token supply structured?
RIF has a fixed maximum supply of 1 billion tokens, all of which were created at launch — there's no ongoing mining or staking emission. Tokens were initially distributed through a public sale and allocations to the Rootstock team, developers, and ecosystem growth. Because supply is capped, no new RIF is minted over time.
Where can I store and use RIF tokens?
Since RIF is an RSK-based token (contract address 0x2acc95758f8b5f583470ba265eb685a8f45fc9d5), you can store it in any wallet supporting the RSK network, such as Defiant or browser wallets with custom network settings. Within the ecosystem, RIF is used to pay for services like decentralized storage (RIF Storage), payments (RIF Payments), and domain names (RIF Name Service).