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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
$15,322,223,899 USD

Market Capitalization Ratio of XRP/BTC
27.05%

Current Market Rates
0.33326141 XRP/USD
12.75081482 XRP/ARS
0.46468305 XRP/AUD
0.56654440 XRP/AZN
1.30198568 XRP/BRL
0.66319021 XRP/BYN
0.44902809 XRP/CAD
0.33088692 XRP/CHF
2.29787075 XRP/CNY
7.54337201 XRP/CZK
2.18978407 XRP/DKK
0.29325504 XRP/EUR
0.26359644 XRP/GBP
2.60592093 XRP/HKD
94.51960102 XRP/HUF
4814.64424881 XRP/IDR
1.25299625 XRP/ILS
23.50352753 XRP/INR
37.51840287 XRP/JPY
375.95886150 XRP/KRW
123.64664822 XRP/KZT
6.70473300 XRP/MXN
1.39786498 XRP/MYR
4.78363427 XRP/NAD
2.90412324 XRP/NOK
17.68285040 XRP/PHP
46.38998823 XRP/PKR
1.25661213 XRP/PLN
1.36340575 XRP/RON
34.69251275 XRP/RSD
22.39083433 XRP/RUB
3.02146458 XRP/SEK
10.91431117 XRP/THB
1.78294854 XRP/TRY
10.27211643 XRP/TWD
9.29832659 XRP/UAH
39958.04302140 XRP/VEF
4.77821878 XRP/ZAR
0.00009478 XRP/BTC
0.00354172 XRP/ETH
0.01146527 XRP/LTC
0.00334355 XRP/BCH
132.84203398 XRP/DOGE
1.00000000 XRP/XRP
0.00486675 XRP/DASH
5.45353979 XRP/GNT
10.11186096 XRP/ADA
7.23030055 XRP/CURE
5.13585786 XRP/XEM
0.00761261 XRP/XMR
0.00607847 XRP/ZEC
0.03443720 XRP/FCT
581.65997327 XRP/BCN
1.42726918 XRP/STEEM
0.27296914 XRP/LSK
0.13300348 XRP/EOS
0.33326141 XRP/USD
3.13172387 XRP/XLM
0.08085668 XRP/ETC

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