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
$1,249,285,724 USD

Market Capitalization Ratio of XRP/BTC

Current Market Rates
0.04394756 XRP/USD
0.67643643 XRP/ARS
0.05868757 XRP/AUD
0.07866613 XRP/AZN
0.13941045 XRP/BRL
0.08262141 XRP/BYN
0.06002072 XRP/CAD
0.04371024 XRP/CHF
0.30300524 XRP/CNY
1.08309199 XRP/CZK
0.30007393 XRP/DKK
0.04033922 XRP/EUR
0.03394509 XRP/GBP
0.00003369 XRP/GOLD
0.34183686 XRP/HKD
12.63536270 XRP/HUF
585.95280460 XRP/IDR
0.15912532 XRP/ILS
2.82407893 XRP/INR
4.89696663 XRP/JPY
0.82727764 XRP/MXN
0.19077635 XRP/MYR
0.58796341 XRP/NAD
0.37732056 XRP/NOK
0.17044841 XRP/PLN
0.18294929 XRP/RON
4.96167941 XRP/RSD
2.50158296 XRP/RUB
0.38926990 XRP/SEK
1.52014607 XRP/THB
0.15609733 XRP/TRY
1.16658795 XRP/UAH
0.00003340 XRP/BTC
0.00065702 XRP/ETH
0.00297273 XRP/LTC
0.16717650 XRP/STEEM
62.96250122 XRP/DOGE
1.00000000 XRP/XRP
0.00054313 XRP/DASH
0.31788364 XRP/GNT
3.11013659 XRP/BTS
0.79624706 XRP/CURE
0.88855756 XRP/XEM
0.00196380 XRP/XMR
0.00051728 XRP/ZEC
0.00571290 XRP/FCT
239.95321156 XRP/BCN
0.00273241 XRP/REP
0.08368363 XRP/LSK
0.17442329 XRP/MAID
0.04394756 XRP/USD
3.32949540 XRP/GRC
0.00003369 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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