Ripple CTO David Schwartz Makes a Big Statement About The New - Reddit a complete chain) within that level. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, ASSIGNMENT OF ASSIGNORS INTEREST. Those validators, or nodes, are in turn organized into groups that trust each other called UNLs, or unique node lists. While validators get to choose their own UNL, the list assembled by Ripple is the default, creating a possible area of centralization. A multilevel computer system including high level computer means and low level computer means, comprising: communications link means for transferring the portions of a task within the computer system, said communications link means including first link means and second link means; said high level computer means including at least one computer means and operable for receiving a task, for distributing portions of the task to said low level computer means for processing of said portions based on the availability of the low level computer means to process one or more portions of the task, said availability being previously communicated to said high level computer means from said low level computer means along first link means of communication link means and for processing, if currently available, all undistributed portions of the task; said high level computer means also operable for receiving from said one of said at least two computer means of said low level computer means portions of the unprocessed additional task and for distributing for processing those portions of the unprocessed additional task to the other of said at least two computer means based on the availability of the other said at least two computer means to process one or more portions of the unprocessed additional task, said availability of the other of said at least two computer means being previously communicated to said high level computer means from the other of said at least two computer means along said first link means, and, if available, processing those portions of the unprocessed additional task undistributed to said other of said at least two computer means; said communications link means also for communicating to said high level computer means along said first link means from said low level computer means the current availability of said low level computer means to process one or more portions of the task and for communicating to said high level computer means along said first link means from the other of said at least two computer means the current availability of the other of said at least two computer means to process one or more portions of the unprocessed additional task, said first link means coupling said at least one computer means of said high level computer means to said at least two computer means of said low level computer means and operable for transferring the portions of the task and additional task bidirectionally, each of said second link means coupling said at least two computer means of said low level computer means together; wherein the number of first link means and the number of second link means associated with each computer means of said low level computer means are unequal and wherein said high level computer means and said low level computer means are operable for processing different portions of the task at the same time and for processing different portions of the additional task at the same time and wherein each computer means within the low level computer means is coupled to at least one other computer means within the low level computer means through two second link means whereby the low level computer means forms a ring of computers. b-1 through b-10. The Ripple CTO's comments about Bitcoin and XRP came during a Zoom call with TechRadar Pro a few days ago. We dont know is the official response from a company spokesperson. Known as "JoelKatz . He was particularly troubled by the centralized control of money. 38. The latest R&D info about Rhode Island Hospital: pipelines, patents As shown in FIG. The computer system of claim 48, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. It is also to be understood that the following claims are intended to cover all the generic and specific features of the invention herein described and all statements of the scope of the invention, which, as a matter of language, might be said to fall therebetween. The computer system of claim 1, wherein said high level computer means and said low level computer means are operable for processing different portions of the task at the same time. While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. DLA Piper LLP (US) > San Diego (Downtown) > United States | The Legal As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. 12. During his decade there he also consulted for the National Security Agency (NSA), helping integrate the agencys networking software with the existing security and public key infrastructure technology. XRP was made to become the greatest asset ever created. Some 57% of ether production is controlled by three mining pools. The method of claim 63, wherein establishment of the communications link includes coupling each low level computer to at least one other low level computer through two second link means whereby the low level computers form a ring of computers. communication) between computers is present in a distributed computer system except in regard to sharing the same hard disk drive and/or printer. In the abstract of the patent filed by Schwartz in August 1988, he describes a distributed network of computers for distributed data processing, with each node handling portions of the data. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. Speaking of his job at Ripple, Schwartz says that he likes the fact that the company makes it possible for him to work with cutting-edge technologies and build not-yet-decided products. 39. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. In order to reach the offices, one must first pass through a grand archway that resembles something from Italys Medici era. 5. Join the club! The computer system of claim 44, wherein said high level computer means is further operable for receiving from said one of at least two computer means of said low level computer means portions of the undistributed unprocessed further additional task and for distributing for processing, if available, those portions of the undistributed unprocessed further additional task to the other of said at least two computer means and, if available, processing those portions of the undistributed unprocessed further additional task which are not distributed to said other of said at least two computer means. A method of distributed processing within a network of computers, comprising: arranging the network as a multilevel system including at least one high level computer and at least two low level computers; establishing a communications link which includes first link means and second link means wherein the low level computers are coupled together through the second link means and at least one high level computer is coupled to the at least two low level computers through the first link means and wherein the number of first and second links associated with each low level computer are unequal; distributing one or more portions of a task to be processed by low level computers along the communications links based on the availability of the low level computers to process said one or more portions of the task, said availability being previously communicated to the at least one high level computer along the first link means; processing the distributed portions of the task by the currently available low lever computers; and, processing all undistributed portions of the task by the at least one high level computer; and. Ripple CTO: It's Time to 'Seriously Consider' Selling Some Crypto The method of claim 63, further including processing different portions of the task at the same time. David Schwartz - CTO @ Ripple - Crunchbase Person Profile They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. A multilevel computer system including high level computer means and low level computer means, comprising: said high level computer means including at least one computer and operable for receiving a task, for distributing one or more portions of the task to said low level computer means for processing based on the availability, as determined by said high level computer means, of the low level computer means to process one or more portions of the task and for processing, if currently available, all undistributed portions of the task; said low level computer means including at least two computers and operable for receiving an additional task, for processing, if currently available, portions of the additional task, for distributing for processing those portions of the unprocessed additional task to high level computer means based on the availability, as determined by said low level computer means, of said high level computer means to process one or more portions of the unprocessed additional task and for processing portions of the task received from said high level computer means; and. David Schwartz created the XRPL way back in 1988 when they didn't even had a name for the blockchain. 33. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. Jones also commented that other founders selected [] 64. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, Free format text: With Ripple's value at $4.7 billion (and XRP's market cap at $13 billion), Schwartz's net worth is estimated to be about $90 million. Yesterday, July 18th, author Linda P. Jones shared on Twitter a forbes story about David Schwards titled "Ripple's Trillion-Dollar Man," which spoke about one of the original creators of the Ripple Ledger, David Schwartz. Information can not be transferred from one computer to another unless the computer which is transmitting the information has a "token ring". CPUs, Servers, Terminals, Allocation of resources, e.g. Schwartz exposes how many XRP he owns and what his relationship to Bitcoin and Ethereum looks like. David Schwartz Filed Patent for XRP Ledger Concept in 1988 46. Patents Assigned to David Schwartz Enterprises, Inc. The computer system of claim 9, wherein each computer within the computer system is a personal type computer. For a fuller understanding of the invention, reference is had to the following description taken in conjunction with the accompanying drawings, in which: FIG. However, a patent document shared by an XRP influencer known as XRP King Doggo IV indicates that Schwartz may have developed the rough concept for the network as far back as 1988. Craig Wright Claims XRP is No More, Ripple CTO Responds The function of a doorknob is to control the movement between two spaces. The mysterious Satoshi Nakamoto is often credited with inventing blockchain - the tech behind the recent cryptocurrency and decentralization boom. You dont need our permission, and we cant stop you, Schwartz says. What remains unclear (by design) is how many of the non-Ripple validators are relying on the UNLs Ripple has actually deemed to be trustworthy. Larsen quickly set out to recruit hundreds of global banks to test early versions of Ripples technology. A task inputted to the system is divided into a plurality of portions. Its a bit like heart surgery, Vandenreydt says. Ripple loses a veteran cryptographer . processing the distributed portions of the additional task by one or more currently available high level computers; wherein different portions of the task are processed at the same time and different portions of the additional task are processed at the same time and wherein portions of the task are transferred along the first link means bidirectionally. Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. 29. 34. 4, a computer 100 includes a central processing unit (CPU) 110, a, Each of the elements within computer 100 is an off the shelf item. Charles Schwartz has filed for patents to protect the following inventions. Handled interactions with the USPTO to obtain. The computer system of claim 37, wherein each computer means within the computer system is substantially similar in construction. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Intellectual property > Patents: licensing Tier 1 Hailed as 'the utmost trusted advisors', the group of attorneys at DLA Piper LLP (US) operates as an 'extension of the in-house team' with superb licensing expertise, which is 'only matched by their business practicality'. Ripple's Trillion-Dollar Man - Forbes The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. 4. In 2014, McCaleb became disgruntled and departed, forking, or copying, XRPs code to start rival venture Stellar. Last year it launched its Global Payment Innovation (GPI) initiative in an effort to make its payments real-time. Mercury FX, a London-based foreign-exchange firm that offers clients an alternative to banks when sending and receiving international currencies, will soon move from its pilot xRapid program to live production. This invention relates generally to a computer system, and more particularly to distributed processing of a task by a distributed computer system. It will thus be seen that the objects set forth above, and those made apparent from the preceding description, are efficiently attained and, since certain changes may be made in the above method and construction set forth without departing from the spirit and scope of the invention, it is intended that all matter contained in the above description and shown in the accompanying drawings shall be interpreted as illustrative and not in a limiting sense. Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks. 28. His widely read JoelKatz blog is subtitled Democracy is vulnerable to a 51% attack, an allusion to the tipping point at which one party could gain majority control of a cryptocurrency, no longer making it decentralized. 26. @JoelKatz, his Twitter handle, has more than 100,000 followers. The computer system of claim 23, wherein each computer within the computer system is a personal type computer. On either side are the offices of Bank of America and U.S. Trust. The adoption of Ripple products has been modest so far. In early 2011 Schwartz was looking for something new. Application filed by David Schwartz Enterprises Inc, Assigned to DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., EAST ROCKAWAY, NY A CORP. OF NY, DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., EAST ROCKAWAY, NY A CORP. OF NY, Assigned to RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEMIE, RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEMIE, CHANGE OF NAME (SEE DOCUMENT FOR DETAILS). The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally.
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