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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
$9,214,293,611 USD

Market Capitalization Ratio of XRP/BTC
12.78%

Current Market Rates
1.02009595 XRP/USD
20.28511806 XRP/ARS
1.29807210 XRP/AUD
1.73416312 XRP/AZN
3.32133041 XRP/BRL
1.93818231 XRP/BYN
1.29049279 XRP/CAD
0.95586051 XRP/CHF
6.47505906 XRP/CNY
20.95348493 XRP/CZK
6.15905373 XRP/DKK
0.82715500 XRP/EUR
0.72934820 XRP/GBP
7.98199580 XRP/HKD
258.01643961 XRP/HUF
13868.71452247 XRP/IDR
3.57487526 XRP/ILS
66.12772012 XRP/INR
109.92094941 XRP/JPY
1097.78646026 XRP/KRW
326.92035086 XRP/KZT
19.08783144 XRP/MXN
3.98704503 XRP/MYR
11.95042408 XRP/NAD
8.00721258 XRP/NOK
53.16740105 XRP/PHP
113.09293778 XRP/PKR
3.43108254 XRP/PLN
3.85412653 XRP/RON
97.68948889 XRP/RSD
57.77599054 XRP/RUB
8.26554168 XRP/SEK
32.16464548 XRP/THB
3.86362362 XRP/TRY
29.79802287 XRP/TWD
27.62674863 XRP/UAH
25476.89641416 XRP/VEF
11.98872869 XRP/ZAR
0.00009232 XRP/BTC
0.00114388 XRP/ETH
0.00457472 XRP/LTC
0.00073650 XRP/BCH
140.15739045 XRP/DOGE
1.00000000 XRP/XRP
0.00150717 XRP/DASH
2.75743841 XRP/GNT
4.20825111 XRP/BTS
2.16488086 XRP/CURE
2.25291554 XRP/XEM
0.00343975 XRP/XMR
0.00241447 XRP/ZEC
0.03299101 XRP/FCT
192.09335038 XRP/BCN
0.27596302 XRP/STEEM
0.04155924 XRP/LSK
2.19891413 XRP/MAID
1.02009595 XRP/USD
13.77930891 XRP/GRC
0.02699450 XRP/ETC

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