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, https://en.wikipedia.org/wiki/Ripple_(payment_protocol).
Market Capitalization
$6,578,319,212 USD
Market Capitalization Ratio of XRP/BTC
16.11%
Current Market Rates
0.16850854 XRP/USD
2.94675944 XRP/ARS
0.21262909 XRP/AUD
0.30163029 XRP/AZN
0.53262180 XRP/BRL
0.31679606 XRP/BYN
0.21088002 XRP/CAD
0.16142276 XRP/CHF
1.13787078 XRP/CNY
3.77054715 XRP/CZK
1.07730039 XRP/DKK
0.14484768 XRP/EUR
0.12911125 XRP/GBP
0.00013042 XRP/GOLD
1.31636346 XRP/HKD
44.25371346 XRP/HUF
2245.37633008 XRP/IDR
0.60130588 XRP/ILS
10.84017140 XRP/INR
18.88593193 XRP/JPY
2.99074017 XRP/MXN
0.72197485 XRP/MYR
2.19566631 XRP/NAD
1.34195148 XRP/NOK
0.61607566 XRP/PLN
0.66131178 XRP/RON
17.44568941 XRP/RSD
10.05416330 XRP/RUB
1.38770155 XRP/SEK
5.64335109 XRP/THB
0.59874455 XRP/TRY
4.35847345 XRP/UAH
0.00006897 XRP/BTC
0.00085621 XRP/ETH
0.00409551 XRP/LTC
0.14250040 XRP/STEEM
96.78612644 XRP/DOGE
1.00000000 XRP/XRP
0.00088662 XRP/DASH
0.71455673 XRP/GNT
1.32921469 XRP/BTS
1.13401668 XRP/CURE
1.12970005 XRP/XEM
0.00395469 XRP/XMR
0.00093332 XRP/ZEC
0.00934595 XRP/FCT
124.75696186 XRP/BCN
0.00944443 XRP/REP
0.08885851 XRP/LSK
0.51479616 XRP/MAID
0.16850854 XRP/USD
5.54550544 XRP/GRC
0.00013042 XRP/GOLD
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