From c8d765697567fc896cf5fa1c0c90ca7abe21d6da Mon Sep 17 00:00:00 2001 From: Owanate Amachree Date: Fri, 6 Dec 2024 13:48:01 +0200 Subject: [PATCH] Update info on RIF --- docs/01-concepts/rif-suite/index.md | 2 +- docs/01-concepts/rif-suite/token/index.md | 4 ++-- docs/04-resources/03-faqs/index.md | 9 ++++----- 3 files changed, 7 insertions(+), 8 deletions(-) diff --git a/docs/01-concepts/rif-suite/index.md b/docs/01-concepts/rif-suite/index.md index bede7e6a..8d64905d 100644 --- a/docs/01-concepts/rif-suite/index.md +++ b/docs/01-concepts/rif-suite/index.md @@ -12,7 +12,7 @@ Open source tools and technologies that make it faster, easier and more rewardin | Product | Description | | ----------------------------------------------------------- | ---------------------------------------------------------------------------------------------- | -| [RIF Token](https://rif.technology/rif-token/) | RIF is the native token of RIF ecosystem. It is a utility asset, used to consume RIF products and services. The RIF Token is also the governance token for the [Rootstock Collective](https://rootstockcollective.xyz/) - stRIF, a token created by [staking RIF tokens](https://rif.technology/rif-token/). stRIF tokens represent voting power within the DAO, enabling token holders to participate in governance decisions like grant allocations and changes to the system. | +| [RIF Token](https://rif.technology/rif-token/) | The RIF (Rootstock Infrastructure Framework) token makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). By staking RIF, users can mint stRIF; the governance token of the RootstockCollective used for voting, proposal creation, and rewards allocation. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/). | | [RBTC Flyover](/developers/integrate/flyover/) | RBTC Flyover is a fast and secure way for users to transfer BTC in and out of the Rootstock Ecosystem where it can be used to interact with a range of applications to send, save and spend money. | | RNS | RNS (RIF Name Service) replaces complicated cryptocurrency addresses with easy-to-remember nicknames, simplifying digital asset transactions. It also facilitates the integration of a Self Sovereign Identity protocol into your products, which enhances user security and flexibility. .| | Wallet | Bring Bitcoin DeFi to your users with RIF Wallet, an open source Bitcoin wallet with smart contract capabilities. Open-source, fully programmable and customizable.| diff --git a/docs/01-concepts/rif-suite/token/index.md b/docs/01-concepts/rif-suite/token/index.md index c44bf316..21815e41 100644 --- a/docs/01-concepts/rif-suite/token/index.md +++ b/docs/01-concepts/rif-suite/token/index.md @@ -1,12 +1,12 @@ --- sidebar_label: RIF Token sidebar_position: 400 -title: "RIF Token: Empowering Decentralized Applications" +title: "RIF Token: Bringing Utility to Bitcoin" tags: [rif, token, erc677] description: "Information about the RIF token, where to obtain it, how to transfer it, and technical details on its token standard" --- -The Rootstock Infrastructure Framework (RIF) Token allows any token holder to consume the services that are compatible with [RIF Products and Services](/concepts/rif-suite/). It is also the governance token of the [Rootstock Collective](https://rootstockcollective.xyz/) - stRIF, a token created by [staking RIF tokens](#strif-rif-token-in-dao). stRIF tokens represent voting power within the DAO, enabling token holders to participate in governance decisions like grant allocations and changes to the system. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/2c6e3b87b49f4c1e9225b713e1b49538?v=819168fca4964319896c19e8299a8ea0). +The RIF (Rootstock Infrastructure Framework) token makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). By staking RIF, users can mint stRIF; the governance token of the RootstockCollective used for voting, proposal creation, and rewards allocation. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/). ## RIF (RIF Token in Mainnet) diff --git a/docs/04-resources/03-faqs/index.md b/docs/04-resources/03-faqs/index.md index 3248b9a6..9c2273a8 100644 --- a/docs/04-resources/03-faqs/index.md +++ b/docs/04-resources/03-faqs/index.md @@ -28,7 +28,7 @@ Here are some frequently asked questions about the Rootstock and RIF Platforms. Rootstock's primary purpose is to enable Bitcoin users to create and execute smart contracts, thereby extending the functionality and use cases of the Bitcoin network. Rootstock achieves this by using a 2 way peg system that allows users to send Bitcoin directly to the Rootstock chain, where they become convertible to Rootstock's native cryptocurrency, RBTC. This RBTC can then be used within the Rootstock network to interact with smart contracts and dApps. - In addition to smart contract functionality, Rootstock also focuses on providing solutions for faster transactions and higher scalability, two of the main challenges in the Bitcoin network. It also supports merged mining, allowing Bitcoin miners to mine both Bitcoin and RBTC simultaneously without additional computational resources. - - Furthermore, Rootstock is also home to the RIF (Rootstock Infrastructure Framework), which provides a range of open and decentralized infrastructure services, including payments, storage, and communications, that enable faster, easier, and scalable development of distributed applications (dApps). + - Furthermore, Rootstock is also home to the RIF (Rootstock Infrastructure Framework) which makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). - Finally, the purpose of Rootstock is to enhance the Bitcoin ecosystem by adding smart contract functionality and more without compromising the features that make Bitcoin unique such as security and decentralization. @@ -135,8 +135,7 @@ Here are some frequently asked questions about the Rootstock and RIF Platforms. What is the RIF token, and what is its purpose? - - The RIF token is a utility token that powers the Rootstock Infrastructure Framework (RIF), a set of open-source, decentralized tools and technologies that make it easy to build accessible DeFi products and services on the blockchain. It is designed to enable and facilitate the wide range of decentralized services available on the RIF platform. The RIF token is the means of access for all RIF protocols, such as RIF Wallet, RNS, and third-party-developed infrastructure services. Also, any other apps that might be deployed on RIF’s framework that agree to accept RIF Tokens as a means of accessing/consuming the service or app, such as RIF on Chain, the stablecoin protocol underpinning USDRIF. See the [RIF Whitepaper](https://rif.technology/static/add903ce229a6f45a606cd78b028cf9e/RIF-whitepaper-V2.pdf) for more details. - - The RIF Token is also the governance token for the Rootstock Collective - stRIF, a token created by [staking RIF tokens](https://rif.technology/rif-token/). stRIF tokens represent voting power within the DAO, enabling token holders to participate in governance decisions like grant allocations and changes to the system. [RBTC, native Rootstock token](https://rootstock.io/rbtc/#get-rbtc), is used as a gas token. + - The RIF (Rootstock Infrastructure Framework) token makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). By staking RIF, users can mint stRIF; the governance token of the RootstockCollective used for voting, proposal creation, and rewards allocation. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/). @@ -252,14 +251,14 @@ Here are some frequently asked questions about the Rootstock and RIF Platforms. - [Rootstock Infrastructure Framework](/concepts/rif-suite/) (RIF) is a suite of open and decentralized infrastructure protocols that enable faster, easier, and more scalable distributed application development (dApps) within a unified environment. RIF is built on the Rootstock smart contract network, the first general-purpose smart contract secured by the Bitcoin network. RIF includes support for decentralized, third-party, off-chain payment networks; and easy-to-use interfaces for developers. - RIF aims to bridge the gap between blockchain technologies and their mass-market adoption by providing developers and users access to various services across multiple crypto-economies. - - The RIF Token is the governance token for the Rootstock Collective - stRIF, a token created by [staking RIF tokens](https://rif.technology/rif-token/). stRIF tokens represent voting power within the DAO, enabling token holders to participate in governance decisions like grant allocations and changes to the system. [RBTC, native Rootstock token](https://rootstock.io/rbtc/#get-rbtc), is used as a gas token. + - The RIF (Rootstock Infrastructure Framework) token makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). By staking RIF, users can mint stRIF; the governance token of the RootstockCollective used for voting, proposal creation, and rewards allocation. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/). What exactly is the value proposition of RIF? - RIF is a service layer built on the Rootstock blockchain, offering open, decentralized tools and technologies. With RIF, developers can create scalable DeFi products quickly and easily. - - RIF token is the native token of the RIF ecosystem and also the governance token (stRIF) for the Rootstock Collective (DAO). It is a utility asset used to interact with RIF products and services. Read the [RIF Whitepaper](https://rif.technology/static/add903ce229a6f45a606cd78b028cf9e/RIF-whitepaper-V2.pdf). + - The RIF (Rootstock Infrastructure Framework) token makes it easier, faster and more rewarding to build on Bitcoin. It also enables governance on [RootstockCollective DAO](https://rootstockcollective.xyz/). By staking RIF, users can mint stRIF; the governance token of the RootstockCollective used for voting, proposal creation, and rewards allocation. For more information, read the [Rootstock Collective Whitepaper](https://wiki.rootstockcollective.xyz/).