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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
0.83800101 XRP/USD
17.22008275 XRP/ARS
1.10955524 XRP/AUD
1.42460172 XRP/AZN
2.91238871 XRP/BRL
1.59220192 XRP/BYN
1.07888440 XRP/CAD
0.82916848 XRP/CHF
5.31275880 XRP/CNY
17.63925086 XRP/CZK
5.15865042 XRP/DKK
0.69236900 XRP/EUR
0.60218753 XRP/GBP
6.57600343 XRP/HKD
216.56711500 XRP/HUF
11684.45758156 XRP/IDR
3.00759400 XRP/ILS
55.98307647 XRP/INR
91.59099638 XRP/JPY
902.65278784 XRP/KRW
276.80011359 XRP/KZT
15.73397176 XRP/MXN
3.28538296 XRP/MYR
10.38702252 XRP/NAD
6.69946611 XRP/NOK
43.65566261 XRP/PHP
97.61873765 XRP/PKR
2.92709563 XRP/PLN
3.22714189 XRP/RON
81.77632855 XRP/RSD
52.55213273 XRP/RUB
7.25877732 XRP/SEK
26.48544092 XRP/THB
3.41267531 XRP/TRY
24.84421594 XRP/TWD
22.10353364 XRP/UAH
56028.74752324 XRP/VEF
10.38953652 XRP/ZAR
0.00009082 XRP/BTC
0.00126418 XRP/ETH
0.00553174 XRP/LTC
0.00059696 XRP/BCH
151.83109342 XRP/DOGE
1.00000000 XRP/XRP
0.00166568 XRP/DASH
1.54385541 XRP/GNT
2.89675334 XRP/ADA
2.29737530 XRP/CURE
2.05890064 XRP/XEM
0.00317528 XRP/XMR
0.00277731 XRP/ZEC
0.02786661 XRP/FCT
149.78081817 XRP/BCN
0.21065208 XRP/STEEM
0.07131723 XRP/LSK
2.22368091 XRP/MAID
0.83800101 XRP/USD
14.77771708 XRP/GRC
0.04067838 XRP/ETC

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