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What is XRP?

Ripple is also known as XRP. XRP is the 2nd largest market cap coin. Eobot has Cloud Mining of BTC that can automatically be converted into XRP. Ripple, or XRP, is a payment protocol that functions as a payment system, currency exchange and a remittance network and works with fiat currencies, cryptocurrencies, and commodities. Ripple uses a shared public ledger like the Bitcoin blockchain and holds balances as well as buy and sell orders, which makes it the first distributed exchange. Changes in the ledger are reached through a process known as consensus.

Ripple's infancy began in 2004 with the creation of RipplePay by creator Ryan Fugger. In 2011, Jed McCaleb conceived of a new system which was to be built by Arthur Britto and David Schwartz. This new system was designed to be faster and use less energy than Bitcoin. From there, the team approached Fugger. After a long term debate with established members of the community, Fugger handed control over to McCaleb and his team. In 2012, OpenCoin, Inc. was formed.

OpenCoin began development and received early investments from the likes of Andreessen Horowitz and Google Ventures. This is about the time they began incorporating Bitcoin into the mix, with what they titled the Bitcoin Bridge. It allowed anyone to send a payment in any currency to a Bitcoin address.

Since then, Ripple has been focused on expanding into the banking market. This has been a source of much debate. Ripple is moving more and more into compliance with FinCEN and other regulatory boards. Adding to the debate is the controversy over the security of Ripple’s "consensus".

Whatever your stance, Ripple is an exciting addition to the cryptocurrency world. You can learn more about Ripple at their website, https://ripple.com, or at the Wikipedia.org page, .
XRP
Market Capitalization
$13,417,933,894 USD

Market Capitalization Ratio of XRP/BTC
12.04%

Current Market Rates
0.32146893 XRP/USD
9.59745488 XRP/ARS
0.43797731 XRP/AUD
0.54649718 XRP/AZN
1.27536368 XRP/BRL
0.63972317 XRP/BYN
0.41933693 XRP/CAD
0.31867215 XRP/CHF
2.20476250 XRP/CNY
7.20307393 XRP/CZK
2.08727847 XRP/DKK
0.27987085 XRP/EUR
0.25122797 XRP/GBP
2.52340893 XRP/HKD
90.64620127 XRP/HUF
4684.12376518 XRP/IDR
1.17414919 XRP/ILS
22.42727984 XRP/INR
35.38890705 XRP/JPY
359.49870336 XRP/KRW
116.07600090 XRP/KZT
6.11260310 XRP/MXN
1.31914775 XRP/MYR
4.66772885 XRP/NAD
2.70875024 XRP/NOK
17.14393799 XRP/PHP
39.86214720 XRP/PKR
1.20616750 XRP/PLN
1.30040611 XRP/RON
33.01485901 XRP/RSD
21.52703825 XRP/RUB
2.94080258 XRP/SEK
10.58597183 XRP/THB
1.95375956 XRP/TRY
9.87552550 XRP/TWD
8.89761702 XRP/UAH
79855.77519620 XRP/VEF
4.66917546 XRP/ZAR
0.00005097 XRP/BTC
0.00116710 XRP/ETH
0.00587323 XRP/LTC
0.00061517 XRP/BCH
133.28828374 XRP/DOGE
1.00000000 XRP/XRP
0.00224801 XRP/DASH
2.27970441 XRP/GNT
3.39735054 XRP/ADA
3.25837609 XRP/CURE
3.16463111 XRP/XEM
0.00337130 XRP/XMR
0.00248763 XRP/ZEC
0.05955524 XRP/FCT
193.42338007 XRP/BCN
0.37620236 XRP/STEEM
0.08884962 XRP/LSK
0.06685365 XRP/EOS
0.32146893 XRP/USD
14.62847691 XRP/GRC
0.02541987 XRP/ETC

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