Thanks for the link. I was presuming there was earlier discussion on this forum.

It's all good. I've been researching Ripple technical specs and it is f***ing awesome. Ripple has already implement most of BitCoin's wish list.

No I'm not referring to monetary policy. Just the technical under pinnings. You could fork the ripple code base and recreate the existing bitcoin transaction tree inside it. You could create exactly the same BitCoin rules with added internal exchange trading. No more MtGox. Oh yeah, and you wouldn't need to burn up CPUs, GPUs, FPGAs, ASICs. You could just award the mining transactions to the nodes validating the transactions.