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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
$18,292,338,507 USD

Market Capitalization Ratio of XRP/BTC
16.25%

Current Market Rates
0.45046885 XRP/USD
16.43152701 XRP/ARS
0.63407995 XRP/AUD
0.76579705 XRP/AZN
1.67227551 XRP/BRL
0.89643301 XRP/BYN
0.58977859 XRP/CAD
0.44916474 XRP/CHF
3.12287530 XRP/CNY
10.12122422 XRP/CZK
2.91961475 XRP/DKK
0.39128850 XRP/EUR
0.34473705 XRP/GBP
3.53210373 XRP/HKD
126.40606400 XRP/HUF
6835.07647843 XRP/IDR
1.64536000 XRP/ILS
32.99909561 XRP/INR
50.74666736 XRP/JPY
508.31355504 XRP/KRW
164.25220444 XRP/KZT
8.67503902 XRP/MXN
1.87304948 XRP/MYR
6.49801316 XRP/NAD
3.70624598 XRP/NOK
24.17215849 XRP/PHP
59.44837414 XRP/PKR
1.68144931 XRP/PLN
1.82674128 XRP/RON
46.35324467 XRP/RSD
29.55868481 XRP/RUB
4.04882754 XRP/SEK
14.69879858 XRP/THB
2.54474133 XRP/TRY
13.90462199 XRP/TWD
12.64533632 XRP/UAH
54011.21511636 XRP/VEF
6.46767408 XRP/ZAR
0.00007016 XRP/BTC
0.00221343 XRP/ETH
0.00858844 XRP/LTC
0.00101426 XRP/BCH
101.74353929 XRP/DOGE
1.00000000 XRP/XRP
0.00294469 XRP/DASH
2.81230038 XRP/GNT
6.06730915 XRP/ADA
6.24137558 XRP/CURE
4.49065316 XRP/XEM
0.00428580 XRP/XMR
0.00367405 XRP/ZEC
0.10530631 XRP/FCT
335.27456809 XRP/BCN
0.56123546 XRP/STEEM
0.15710499 XRP/LSK
0.08330539 XRP/EOS
0.45046885 XRP/USD
44.38746467 XRP/GRC
0.04772723 XRP/ETC

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