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Ripple [0] has some similarities to a digital Hawala system.

[0] - https://ripple.com/




There doesn't seem to be any information about who's behind this? I can see OpenCoin Inc but their site seems to be down. HN effect at work perhaps?


Ripple is run by Jed McCaleb, founder of Mt.Gox, and Chris Larsen, founder of Prosper.com.


Interesting project. Has it got any traction?




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