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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
$13,462,297,290 USD

Market Capitalization Ratio of XRP/BTC
13.68%

Current Market Rates
0.29857391 XRP/USD
13.11485917 XRP/ARS
0.42537826 XRP/AUD
0.50757565 XRP/AZN
2.07349133 XRP/BOB
1.19151892 XRP/BRL
0.59416209 XRP/BYN
0.40276277 XRP/CAD
0.30466482 XRP/CHF
200.91038672 XRP/CLP
2.00907401 XRP/CNY
954.34672997 XRP/COP
179.59220926 XRP/CRC
6.89198166 XRP/CZK
1.99841492 XRP/DKK
0.26764464 XRP/EUR
0.23134701 XRP/GBP
2.34120614 XRP/HKD
86.11200111 XRP/HUF
4224.89552638 XRP/IDR
1.08048227 XRP/ILS
20.91151979 XRP/INR
33.43027614 XRP/JPY
345.56795518 XRP/KRW
113.48794471 XRP/KZT
5.69714857 XRP/MXN
1.23475242 XRP/MYR
4.30543584 XRP/NAD
108.10167130 XRP/NGN
2.58037877 XRP/NOK
0.45239770 XRP/NZD
0.29857391 XRP/PAB
0.99429592 XRP/PEN
15.59421695 XRP/PHP
42.50946100 XRP/PKR
1.14992757 XRP/PLN
1876.82069462 XRP/PYG
1.27288031 XRP/RON
31.55926271 XRP/RSD
19.18934545 XRP/RUB
1.11959246 XRP/SAR
2.81507429 XRP/SEK
9.57227968 XRP/THB
1.75794349 XRP/TRY
9.22802396 XRP/TWD
7.97610354 XRP/UAH
10.33871892 XRP/UYU
35799.01228690 XRP/VEF
6966.59527764 XRP/VND
4.30376383 XRP/ZAR
0.00005486 XRP/BTC
0.00183050 XRP/ETH
0.00405069 XRP/LTC
0.00106811 XRP/BCH
117.49013778 XRP/DOGE
1.00000000 XRP/XRP
0.00256615 XRP/DASH
12.80548321 XRP/TRX
4.16274911 XRP/ADA
4.35254132 XRP/CURE
5.02007017 XRP/XEM
0.00447604 XRP/XMR
0.00459396 XRP/ZEC
0.03366082 XRP/FCT
321.34458855 XRP/BCN
0.81297248 XRP/STEEM
0.15862429 XRP/LSK
0.06201322 XRP/EOS
0.29857391 XRP/USD
2.88775935 XRP/XLM
0.05297722 XRP/ETC
0.11762735 XRP/GRIN

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