What is RIFT Token?
RIFT stands for ‘Ring-signature Infrastructure For Tokens’. What we are initially doing is building a platform(with a protocol for data & transaction masking) that will provide any digital currency and/or asset the ability to obscure the trace of the original intended transaction to the receiver. The process of enacting & constructing this is relatively simple & will be further discussed in the future when we wont be breaching our NDA. This is a very needed addition to the EEA & can be implemented with the already existing chain through Ropsten. All we need is the community’s support.
Below is the outline of a Ring-signature & where it gets its name from.
Our main focus is to provide ANY cryptocurrency with the ability to have data & transaction masking, but more importantly to implement privacy with Ethereum. With a service for any asset to be privatized is a huge step in development not only for Cryptocurrency & Blockchain, but for the individual as well.
We hope this brief introduction simplified what we are doing exactly. Hang around for more Q&A’s, Development, & News in the near future.
Be part of the next Revolution in Technology, Be Rift.