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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
$9,214,293,611 USD

Market Capitalization Ratio of XRP/BTC
12.78%

Current Market Rates
0.55105852 XRP/USD
15.30785464 XRP/ARS
0.74709759 XRP/AUD
0.93679948 XRP/AZN
2.06167524 XRP/BRL
1.04701119 XRP/BYN
0.73197379 XRP/CAD
0.54831700 XRP/CHF
3.57466152 XRP/CNY
12.29929554 XRP/CZK
3.54903730 XRP/DKK
0.47616140 XRP/EUR
0.41847384 XRP/GBP
4.32572673 XRP/HKD
153.42846857 XRP/HUF
7766.92187013 XRP/IDR
2.00128198 XRP/ILS
37.68413692 XRP/INR
60.65087841 XRP/JPY
611.99457170 XRP/KRW
188.06525188 XRP/KZT
11.31758479 XRP/MXN
2.20616279 XRP/MYR
7.58532053 XRP/NAD
4.51705425 XRP/NOK
29.35764268 XRP/PHP
66.84339854 XRP/PKR
2.05424697 XRP/PLN
2.22258433 XRP/RON
56.24103260 XRP/RSD
35.12617838 XRP/RUB
4.91241669 XRP/SEK
18.05267713 XRP/THB
2.61460736 XRP/TRY
16.62212921 XRP/TWD
14.57301810 XRP/UAH
44002.02286202 XRP/VEF
7.58399799 XRP/ZAR
0.00008167 XRP/BTC
0.00103512 XRP/ETH
0.00558817 XRP/LTC
0.00060908 XRP/BCH
181.77591203 XRP/DOGE
1.00000000 XRP/XRP
0.00209655 XRP/DASH
1.45394536 XRP/GNT
3.36438625 XRP/ADA
2.80519751 XRP/CURE
2.77953091 XRP/XEM
0.00432995 XRP/XMR
0.00277759 XRP/ZEC
0.04502397 XRP/FCT
137.68522981 XRP/BCN
0.32387972 XRP/STEEM
0.08453737 XRP/LSK
0.05172791 XRP/EOS
0.55105852 XRP/USD
19.16774878 XRP/GRC
0.03536746 XRP/ETC

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