RIF Name Service Multi-Crypto, allows users to manage all domains from one master dashboard, streamlining ease of use and fostering blockchain technology mass adoption
RootstockLabs, a key contributor to the growth of Rootstock blockchain, launched today 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 support addresses built on the Rootstock Network, however, with the new upgrade, domain owners can integrate their domains into the RNS architecture and manage them from one master dashboard, streamlining decentralized domain ownership. As part of the announcement, a new version of the RNS manager under beta is available supporting Multi-Crypto administration at https://beta.manager.rns.rifos.org
RNS simplifies the blockchain Domain Name System (DNS), by turning traditional blockchain domains that appear as a series of randomized letters and numbers into human-readable forms, such as a name or an easily remembered word, greatly reducing complexities and errors while opening up blockchain domain accessibility.
“At RIF our vision is simple: to build the protocols, tools, and libraries needed so the RIF Framework facilitates mass adoption of Rootstock and Bitcoin technologies. One of the central challenges with cryptoassets is expecting users to interact with multiple addresses that are difficult to manage and remember. RIF Name Service Multi-Crypto enables consumers to move assets flawlessly across various networks, driving mainstream adoption while upholding RIF’s security standards. We are proud to start building the foundation that will help make the cryptocurrency, blockchain, and dApp space more accessible without sacrificing the benefits these technologies deliver,” said Gabriel Kurman, RIF Strategist.
RIF Name Service Multi-Crypto was launched to solve the problem of multiple blockchains producing their own tokens and generating different addresses. By using RIF Name Service Multi-Crypto, a multi-chain resolution system turns each unique blockchain’s addresses into a RIF simple, human-readable, text or name address that can be managed from one dashboard. While underneath the system provides interoperability between tokens built on different platforms, to the user, all their tokens and data appear in one app, similar to a wallet that supports multiple coins and in turn streamlines the entire blockchain management process.
“RNS Multi-Crypto is the only service in the world that allows users to resolve addresses built on top of any platform enhancing interoperability between tokens built on different platforms, while at the same time bolstering security, and significantly reducing the probability of errors. This launch showcases our continued commitment to not only driving technological advancements within the industry but also making it accessible to all,” said Alejandro Banzas, Product Lead.
About RootstockLabs
RootstockLabs is a key contributor to Rootstock, the first, biggest, and longest-lasting Bitcoin layer 2.
RootstockLabs specializes in pioneering innovative solutions within the blockchain space, empowering developers with funding, technology, and marketing support to expand the frontiers of decentralized technology and make Bitcoin work for everyone.
Rootstock is the first, biggest, and longest-lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.
Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.