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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
$18,190,019,781 USD

Market Capitalization Ratio of XRP/BTC
11.26%

Current Market Rates
0.43371141 XRP/USD
18.79618490 XRP/ARS
0.62933694 XRP/AUD
0.73730939 XRP/AZN
2.98939923 XRP/BOB
1.66508314 XRP/BRL
0.86308570 XRP/BYN
0.57437052 XRP/CAD
0.42963452 XRP/CHF
299.74012104 XRP/CLP
2.99477726 XRP/CNY
1408.39104773 XRP/COP
252.94049180 XRP/CRC
9.86476592 XRP/CZK
2.87368503 XRP/DKK
0.38487116 XRP/EUR
0.34192506 XRP/GBP
3.39079914 XRP/HKD
124.48731736 XRP/HUF
6172.66746819 XRP/IDR
1.55949610 XRP/ILS
30.12993135 XRP/INR
46.67710576 XRP/JPY
505.88965784 XRP/KRW
165.24838269 XRP/KZT
8.24207807 XRP/MXN
1.80185403 XRP/MYR
6.22375867 XRP/NAD
155.95394726 XRP/NGN
3.75546369 XRP/NOK
0.65962734 XRP/NZD
0.43371141 XRP/PAB
1.44425898 XRP/PEN
22.42721679 XRP/PHP
68.02546543 XRP/PKR
1.63979777 XRP/PLN
2676.19454330 XRP/PYG
1.81963620 XRP/RON
45.37055015 XRP/RSD
27.62724306 XRP/RUB
1.62674305 XRP/SAR
4.09944238 XRP/SEK
13.47107626 XRP/THB
2.51136252 XRP/TRY
13.46977513 XRP/TWD
11.40530884 XRP/UAH
15.28225509 XRP/UYU
52001.99754334 XRP/VEF
10086.86953349 XRP/VND
6.20350435 XRP/ZAR
0.00004632 XRP/BTC
0.00159135 XRP/ETH
0.00318636 XRP/LTC
0.00103649 XRP/BCH
141.64778332 XRP/DOGE
1.00000000 XRP/XRP
0.00267088 XRP/DASH
13.00595370 XRP/TRX
4.89736509 XRP/ADA
6.00917124 XRP/CURE
4.95514498 XRP/XEM
0.00430052 XRP/XMR
0.00399378 XRP/ZEC
0.07154254 XRP/FCT
432.77014668 XRP/BCN
1.04074121 XRP/STEEM
0.20716805 XRP/LSK
0.06268870 XRP/EOS
0.43371141 XRP/USD
3.45729638 XRP/XLM
0.05024159 XRP/ETC
0.07209887 XRP/GRIN

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