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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, https://en.wikipedia.org/wiki/Ripple_(payment_protocol).
XRP
Market Capitalization
$9,214,293,611 USD

Market Capitalization Ratio of XRP/BTC
12.78%

Current Market Rates
0.24337123 XRP/USD
4.18428162 XRP/ARS
0.32339170 XRP/AUD
0.41373110 XRP/AZN
0.80052100 XRP/BRL
0.46240534 XRP/BYN
0.31248136 XRP/CAD
0.24118089 XRP/CHF
1.60897590 XRP/CNY
5.27622750 XRP/CZK
1.53596940 XRP/DKK
0.20639584 XRP/EUR
0.18212930 XRP/GBP
1.90023529 XRP/HKD
64.78152848 XRP/HUF
3296.95010351 XRP/IDR
0.85637713 XRP/ILS
15.66458946 XRP/INR
27.59148351 XRP/JPY
265.71271300 XRP/KRW
81.29329321 XRP/KZT
4.61523123 XRP/MXN
0.99258958 XRP/MYR
3.32323420 XRP/NAD
2.03418439 XRP/NOK
12.24887419 XRP/PHP
0.86740428 XRP/PLN
0.95586486 XRP/RON
24.72530049 XRP/RSD
14.43427486 XRP/RUB
2.06133975 XRP/SEK
7.93876964 XRP/THB
0.93150340 XRP/TRY
7.30016353 XRP/TWD
6.57759433 XRP/UAH
2.61087443 XRP/VEF
3.32209035 XRP/ZAR
0.00001449 XRP/BTC
0.00051905 XRP/ETH
0.00147721 XRP/LTC
0.00017271 XRP/BCH
84.99133678 XRP/DOGE
1.00000000 XRP/XRP
0.00033957 XRP/DASH
0.77414955 XRP/GNT
1.38072689 XRP/BTS
0.54057014 XRP/CURE
0.56097935 XRP/XEM
0.00090037 XRP/XMR
0.00077973 XRP/ZEC
0.01161097 XRP/FCT
96.88345196 XRP/BCN
0.13835099 XRP/STEEM
0.02957734 XRP/LSK
0.50329168 XRP/MAID
0.24337123 XRP/USD
3.46607249 XRP/GRC
0.00854499 XRP/ETC

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