KnitML is a community standards effort aimed at defining a universal, machine- and human-readable system for describing knitting patterns.
It’s an XML compliant standard, which means it will be easily readably by humans and computers alike, and in most new technological contexts.
More info here http://www.knitml.com/blog/static.php?page=about-knitml
You can check out a basic sock pattern here
via boing boing
Great article on the history of guerilla knitting here http://www.we-make-money-not-art.com/archives/009872.php
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