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
$6,844,529,151 USD

Market Capitalization Ratio of XRP/BTC

Current Market Rates
0.17060633 XRP/USD
2.95601055 XRP/ARS
0.21479337 XRP/AUD
0.30538533 XRP/AZN
0.53984108 XRP/BRL
0.32073990 XRP/BYN
0.21420478 XRP/CAD
0.16461378 XRP/CHF
1.13547042 XRP/CNY
3.77551805 XRP/CZK
1.07602265 XRP/DKK
0.14467359 XRP/EUR
0.13250994 XRP/GBP
0.00012811 XRP/GOLD
1.33498599 XRP/HKD
43.85776891 XRP/HUF
2275.03539266 XRP/IDR
0.61698073 XRP/ILS
10.93799825 XRP/INR
18.64931900 XRP/JPY
3.00941033 XRP/MXN
0.73028039 XRP/MYR
2.24368648 XRP/NAD
1.34801178 XRP/NOK
0.61804702 XRP/PLN
0.66355625 XRP/RON
17.26877259 XRP/RSD
10.07464492 XRP/RUB
1.37947159 XRP/SEK
5.66924830 XRP/THB
0.59688330 XRP/TRY
4.34790229 XRP/UAH
0.00004480 XRP/BTC
0.00057358 XRP/ETH
0.00378063 XRP/LTC
0.13420156 XRP/STEEM
100.73617751 XRP/DOGE
1.00000000 XRP/XRP
0.00063106 XRP/DASH
0.64655551 XRP/GNT
1.41141156 XRP/BTS
0.71458772 XRP/CURE
0.69902845 XRP/XEM
0.00217034 XRP/XMR
0.00079532 XRP/ZEC
0.00756919 XRP/FCT
149.22767526 XRP/BCN
0.00023311 XRP/BCH
0.06452383 XRP/LSK
0.36245813 XRP/MAID
0.17060633 XRP/USD
5.43569346 XRP/GRC
0.00012811 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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