RSK Labs, the startup engaged on sensible contract performance for bitcoin by means of sidechains, is working beneath a brand new banner as a part of a wider reimagining of its improvement ecosystem.
The newly-dubbed Root Infrastructure Framework (RIF) Labs is headed by most of the similar people that created the highly-anticipated platform in January of this yr. It’s a continuation of the work RSK Labs has been doing so far, with a selected give attention to constructing “easy-to-use interfaces and language libraries that simplify the use of blockchain infrastructure,” based on CEO of RIF Labs Diego Gutierrez Zaldivar.
Unveiled this week, the corporate outlined the creation of 5 totally different code implementations or protocols to be built-in into the RSK sensible contract platform. Collectively referred to the RIF Open Standard or RIF OS, every protocol is meant to simplify and streamline the event of decentralized purposes, or dapps, and encourage broader adoption of blockchain tech as a programming software.
Zaldivar informed CoinDesk:
“RIF Lab’s focus is on building technology that facilitates access to decentralized infrastructure enabling traditional developers, organizations, and innovators to bring to life the next generation of distributed applications.”
While historically targeted on instruments that function alongside bitcoin – consider it as porting ethereum’s performance to the world’s largest blockchain by market cap – Zaldivar added that “all the software and intellectual property produced will be contributed to the community” as free, open-source code.
The concept, he indicated, is to advance using the RIF OS protocols to different cryptocurrency platforms as nicely.
As it stands, one of many 5 RIF OS protocols has been launched – with the 4 different protocols to do with various blockchain operations together with funds, knowledge feeds, storage and communication channels – to comply with shortly.
The one out there now on the sensible contract platform allows builders to get rid of “complex blockchain address sharing,” as defined by Zaldivar, and replaces addresses with plain, user-friendly aliases for cryptocurrency and token accounts.
Not disclosing any main funders to the launch of RIF OS protocols simply but, Zaldivar advised CoinDesk:
“I would say we are well funded to move forward … We don’t share the actual details but I would say we have funding for the next five to seven years of operations.”
Correction: All of the quotes on this article have been attributed to CEO of RIF Labs Diego Gutierrez Zaldivar, not RIF Labs head of selling Gloria Vailati.
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