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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
0.20430053 XRP/USD
3.55775064 XRP/ARS
0.26134414 XRP/AUD
0.36569794 XRP/AZN
0.65222943 XRP/BRL
0.38408499 XRP/BYN
0.25796006 XRP/CAD
0.20109505 XRP/CHF
1.35289851 XRP/CNY
4.45352672 XRP/CZK
1.29033147 XRP/DKK
0.17334981 XRP/EUR
0.15487136 XRP/GBP
1.59448082 XRP/HKD
53.38577030 XRP/HUF
2760.91730080 XRP/IDR
0.71300883 XRP/ILS
13.29689970 XRP/INR
23.19495371 XRP/JPY
231.44185025 XRP/KRW
3.88017773 XRP/MXN
0.86255682 XRP/MYR
2.78870217 XRP/NAD
1.63095152 XRP/NOK
10.52454157 XRP/PHP
0.73430716 XRP/PLN
0.79807957 XRP/RON
20.66908416 XRP/RSD
11.74370495 XRP/RUB
1.66747024 XRP/SEK
6.78073444 XRP/THB
0.75006895 XRP/TRY
6.17743499 XRP/TWD
5.42213595 XRP/UAH
0.00003470 XRP/BTC
0.00068671 XRP/ETH
0.00356116 XRP/LTC
0.20227062 XRP/STEEM
204.91159989 XRP/DOGE
1.00000000 XRP/XRP
0.00072605 XRP/DASH
1.00402654 XRP/GNT
3.95418554 XRP/BTS
1.04066398 XRP/CURE
0.96266175 XRP/XEM
0.00232806 XRP/XMR
0.00095227 XRP/ZEC
0.01322891 XRP/FCT
138.92312890 XRP/BCN
0.00060281 XRP/BCH
0.04325104 XRP/LSK
0.57909965 XRP/MAID
0.20430053 XRP/USD
6.06746426 XRP/GRC
0.01826835 XRP/ETC

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