Brining you up to date with Ripple from OpenCoin

First, the big news... OpenCoin, the entity responsible for Ripple just received funding from Google.

For more on the story, visit:
http://www.coindesk.com/google-ventures-invests-in-bitcoin-competitor-opencoin/

For more on OpenCoin, visit their website:
http://opencoin.com/

Also, read this interview with their CTO:
https://ripple.com/blog/interview-with-david-schwartz-chief-cryptographer/

So what is Ripple and how does it work?