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
$246,086,888 USD

Market Capitalization Ratio of XRP/BTC

Current Market Rates
0.00657550 XRP/USD
0.39410870 XRP/RUB
0.10447159 XRP/ARS
0.00872198 XRP/AUD
0.00992901 XRP/AZN
0.02099887 XRP/BRL
0.01295374 XRP/BYN
0.00877882 XRP/CAD
0.00660914 XRP/CHF
0.04521645 XRP/CNY
0.16647464 XRP/CZK
0.04580101 XRP/DKK
0.00615943 XRP/EUR
0.00533077 XRP/GBP
0.00000534 XRP/GOLD
0.05101834 XRP/HKD
1.90742196 XRP/HUF
88.25640361 XRP/IDR
0.02499349 XRP/ILS
0.44747285 XRP/INR
0.75498612 XRP/JPY
0.14326378 XRP/MXN
0.02923797 XRP/MYR
0.05550612 XRP/NOK
0.02691386 XRP/PLN
0.02769602 XRP/RON
0.76387620 XRP/RSD
0.05864626 XRP/SEK
0.02497639 XRP/TRY
0.18000440 XRP/UAH
0.00000730 XRP/BTC
0.00062488 XRP/ETH
0.00166390 XRP/LTC
0.03999492 XRP/STEEM
30.64640394 XRP/DOGE
1.00000000 XRP/XRP
0.00044023 XRP/DASH
362.65235820 XRP/RDD
1.70684501 XRP/BTS
0.15936639 XRP/CURE
1.78901910 XRP/XEM
0.00054053 XRP/XMR
0.00015266 XRP/ZEC
0.00222809 XRP/FCT
145.83177210 XRP/BCN
0.00146956 XRP/REP
0.04281853 XRP/LSK
0.05459250 XRP/MAID
0.00657550 XRP/USD
1.21244270 XRP/GRC
0.00000534 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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