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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
$13,769,813,337 USD

Market Capitalization Ratio of XRP/BTC
7.25%

Current Market Rates
0.33716107 XRP/USD
14.29023459 XRP/ARS
0.47878557 XRP/AUD
0.57317381 XRP/AZN
2.33077759 XRP/BOB
1.26231417 XRP/BRL
0.67095052 XRP/BYN
0.44078752 XRP/CAD
0.33097079 XRP/CHF
232.06796125 XRP/CLP
2.32040988 XRP/CNY
1071.56529775 XRP/COP
193.87772738 XRP/CRC
7.67479733 XRP/CZK
2.24272797 XRP/DKK
0.30013909 XRP/EUR
0.26967491 XRP/GBP
2.63292448 XRP/HKD
97.66881740 XRP/HUF
4693.28202905 XRP/IDR
1.19338159 XRP/ILS
23.21707954 XRP/INR
36.32067576 XRP/JPY
396.56884501 XRP/KRW
129.87444236 XRP/KZT
6.41378123 XRP/MXN
1.38566455 XRP/MYR
4.68991042 XRP/NAD
121.37798351 XRP/NGN
2.89027952 XRP/NOK
0.49850949 XRP/NZD
0.33716107 XRP/PAB
1.10848443 XRP/PEN
17.20381194 XRP/PHP
53.95419948 XRP/PKR
1.27768872 XRP/PLN
2013.39101758 XRP/PYG
1.41975153 XRP/RON
35.34290867 XRP/RSD
21.24974472 XRP/RUB
1.26325822 XRP/SAR
3.16334626 XRP/SEK
10.38321217 XRP/THB
1.90667954 XRP/TRY
10.46750243 XRP/TWD
8.68088595 XRP/UAH
11.84800842 XRP/UYU
40425.61173011 XRP/VEF
7841.42232802 XRP/VND
4.69918235 XRP/ZAR
0.00003069 XRP/BTC
0.00145431 XRP/ETH
0.00325073 XRP/LTC
0.00099634 XRP/BCH
107.63519437 XRP/DOGE
1.00000000 XRP/XRP
0.00283604 XRP/DASH
11.04375436 XRP/TRX
5.20997947 XRP/ADA
7.35345375 XRP/CURE
4.78668703 XRP/XEM
0.00389126 XRP/XMR
0.00424075 XRP/ZEC
0.07686273 XRP/FCT
451.68485718 XRP/BCN
1.33023364 XRP/STEEM
0.22117312 XRP/LSK
0.07628307 XRP/EOS
0.33716107 XRP/USD
3.45729638 XRP/XLM
0.05363804 XRP/ETC
0.09892008 XRP/GRIN

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