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,, or at the page, .
Market Capitalization
$15,322,223,899 USD

Market Capitalization Ratio of XRP/BTC

Current Market Rates
0.32750817 XRP/USD
12.30562807 XRP/ARS
0.45710315 XRP/AUD
0.55676388 XRP/AZN
1.22913815 XRP/BRL
0.65174125 XRP/BYN
0.43416120 XRP/CAD
0.32613591 XRP/CHF
2.22011235 XRP/CNY
7.37296208 XRP/CZK
2.15159765 XRP/DKK
0.28798284 XRP/EUR
0.25421839 XRP/GBP
2.56882667 XRP/HKD
91.65316021 XRP/HUF
4660.78508350 XRP/IDR
1.20790907 XRP/ILS
23.33659436 XRP/INR
35.95220891 XRP/JPY
368.70869310 XRP/KRW
124.38760139 XRP/KZT
6.24974008 XRP/MXN
1.34687733 XRP/MYR
4.53598810 XRP/NAD
2.80333890 XRP/NOK
17.26131788 XRP/PHP
45.58913669 XRP/PKR
1.23614682 XRP/PLN
1.35575280 XRP/RON
34.11652564 XRP/RSD
21.67272187 XRP/RUB
2.95659634 XRP/SEK
10.39707423 XRP/THB
1.74525826 XRP/TRY
10.11083210 XRP/TWD
9.15581828 XRP/UAH
39268.22908445 XRP/VEF
4.53376104 XRP/ZAR
0.00008789 XRP/BTC
0.00262374 XRP/ETH
0.00996339 XRP/LTC
0.00252698 XRP/BCH
158.37706296 XRP/DOGE
1.00000000 XRP/XRP
0.00449256 XRP/DASH
4.81662202 XRP/GNT
7.10409657 XRP/ADA
5.07965384 XRP/CURE
5.76648579 XRP/XEM
0.00716927 XRP/XMR
0.00607847 XRP/ZEC
0.05014717 XRP/FCT
493.48509269 XRP/BCN
0.84497991 XRP/STEEM
0.25599776 XRP/LSK
0.12979893 XRP/EOS
0.32750817 XRP/USD
3.00892321 XRP/XLM
0.07285614 XRP/ETC

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