The ZedRipper is a custom-built laptop featuring a 16-core Z80 processor, with each core having 64KB of dedicated RAM. The system is designed for multitasking and runs CP/M 2.2, with a custom network architecture called the Z-Ring. The laptop's design is based on an FPGA board and includes a 10.1-inch display, a keyboard, and a battery life of over 3 hours. The project's goal is to explore alternative computer architectures and provide a fun, portable system for writing small programs.