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
$349,709,419 USD

Market Capitalization Ratio of XRP/BTC

Current Market Rates
0.00932720 XRP/USD
0.53117296 XRP/RUB
0.14551368 XRP/ARS
0.01223400 XRP/AUD
0.01669569 XRP/AZN
0.02898801 XRP/BRL
0.01753514 XRP/BYN
0.01247746 XRP/CAD
0.00924606 XRP/CHF
0.06425509 XRP/CNY
0.23337219 XRP/CZK
0.06424577 XRP/DKK
0.00863031 XRP/EUR
0.00747971 XRP/GBP
0.00000726 XRP/GOLD
0.07244111 XRP/HKD
2.68185040 XRP/HUF
124.05178703 XRP/IDR
0.03389785 XRP/ILS
0.60979288 XRP/INR
1.03844404 XRP/JPY
0.17492515 XRP/MXN
0.04127753 XRP/MYR
0.07918608 XRP/NOK
0.03681773 XRP/PLN
0.03931136 XRP/RON
1.07038971 XRP/RSD
0.08216799 XRP/SEK
0.32225483 XRP/THB
0.03367866 XRP/TRY
0.25300036 XRP/UAH
0.00000943 XRP/BTC
0.00018634 XRP/ETH
0.00229165 XRP/LTC
0.05187625 XRP/STEEM
31.89714995 XRP/DOGE
1.00000000 XRP/XRP
0.00009922 XRP/DASH
314.32889295 XRP/RDD
1.84900806 XRP/BTS
0.16258592 XRP/CURE
0.69189976 XRP/XEM
0.00046991 XRP/XMR
0.00015576 XRP/ZEC
0.00268237 XRP/FCT
190.18789214 XRP/BCN
0.00107789 XRP/REP
0.03470952 XRP/LSK
0.06638047 XRP/MAID
0.00932720 XRP/USD
1.65317457 XRP/GRC
0.00000726 XRP/GOLD

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Fiat amounts shown are the equivalents if cryptocurrency is traded on the popular exchanges, such as Bittrex.
Eobot does not allow fiat (USD/EUR/JPY/GBP/CNY/RUB/etc.) in or out. Fiat amounts are for illustrative purposes only.
Eobot has no opinion regarding alleged relative values of virtual currencies in relation to fiat currencies.
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