We recently introduced a new ensemble of low-density parity check codes with the following properties: 1) It achieves capacity on the erasure channel, although thanks to a quite different mechanism with respect to LT and Tornado codes. 2) It achieves capacity on a probabilistic model for a rank metric channel. The latter was advocated by Koetter and Kschischang as a model for errors in network coding. In this paper we investigate several properties of this ensemble with a special focus on complexity and implementation issues.