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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, .
XRP
Market Capitalization
$15,322,223,899 USD

Market Capitalization Ratio of XRP/BTC
21.87%

Current Market Rates
0.31530474 XRP/USD
12.46399620 XRP/ARS
0.44353602 XRP/AUD
0.53601805 XRP/AZN
1.18813131 XRP/BRL
0.62745642 XRP/BYN
0.41683917 XRP/CAD
0.31560743 XRP/CHF
2.11925772 XRP/CNY
7.13162557 XRP/CZK
2.07456327 XRP/DKK
0.27809878 XRP/EUR
0.24218241 XRP/GBP
2.47474489 XRP/HKD
88.36068384 XRP/HUF
4435.56513551 XRP/IDR
1.13964690 XRP/ILS
22.44496761 XRP/INR
34.94348969 XRP/JPY
354.57594060 XRP/KRW
118.59872331 XRP/KZT
6.08169233 XRP/MXN
1.28533976 XRP/MYR
4.29445050 XRP/NAD
2.71756107 XRP/NOK
16.44897511 XRP/PHP
44.05753073 XRP/PKR
1.20581359 XRP/PLN
1.32395197 XRP/RON
32.81376385 XRP/RSD
20.66062658 XRP/RUB
2.94488948 XRP/SEK
9.87849737 XRP/THB
1.68114810 XRP/TRY
9.70980934 XRP/TWD
8.52047987 XRP/UAH
37805.03781738 XRP/VEF
4.42776450 XRP/ZAR
0.00008041 XRP/BTC
0.00214812 XRP/ETH
0.00641669 XRP/LTC
0.00223876 XRP/BCH
153.29847942 XRP/DOGE
1.00000000 XRP/XRP
0.00375248 XRP/DASH
4.75635551 XRP/GNT
6.99600774 XRP/ADA
5.52848886 XRP/CURE
7.23897569 XRP/XEM
0.00628867 XRP/XMR
0.00595810 XRP/ZEC
0.04663582 XRP/FCT
467.73417711 XRP/BCN
0.95980140 XRP/STEEM
0.25279467 XRP/LSK
0.08332354 XRP/EOS
0.31530474 XRP/USD
3.52714075 XRP/XLM
0.07051991 XRP/ETC

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