but I'm unable to reply to that topic, so I thought I'll just ask about it here first!
Anyone into ZeroReserve? Hows it compare to plain LETS/bitcoin/ripple?
ZeroReserves implements the Ripple idea to provide a way to get fiat into and out of Bitcoin without the need of any institutionalized payment provider. So it integrates with an OTC market which has the look and feel of an exchange. A complete Zero Reserve TX consists of a series of Ripple TX from the buyer to the seller and a Bitcoin TX back.
Zero Reserve has nothing to do with OpenCoin, however - Ripple is merely used to describe the principle, because it is a term many people here are familiar with. It might be more correct to use terms like Hawala, because Ripple is not exactly a new idea - in fact Ripple like trading systems are in use since nearly 5000 years:
http://en.wikipedia.org/wiki/HawalaComparison with Bitcoin: Ripple is debt money. It gives everybody the power to be a bank, by doing what banks are doing today: Creating money out of nothing. Bitcoin is a commodity. You can compare it to gold. It cannot (arbitrarily) be created or destroyed. As said, Zero Reserve aims to integrate both worlds in a completely distributed fashion.
Comparison with LETS: Ripple is global, LETS are local. It doesn't have to be that way, but a fully developed Ripple system likely consists of many LETS, which coalesce around supernodes.
I actually don't have it running yet,getting:
Cannot open plugin: /usr/local/lib/libbitcoin.so.0: undefined symbol: curl_easy_setopt
before doing a pull while typing this post I was getting:
Cannot open plugin: /home/retrotester/.retroshare/extensions/libZeroReserve.so: undefined symbol: _ZN5boost6system15system_categoryEv
You got pretty far
Use
$ ldd /home/retrotester/.retroshare/extensions/libZeroReserve.so
to find out which libraries the dynamic linker does not find. You can set the LD_LIBRARY_PATH to point to the directory that lib lives in.
As soon as we have a version that sort of works, we'll make a few statically linked binaries available.