If no bank will do business with me, I dont get a hearing in a court of law, I dont get to read the law, I dont get to confront my accusers. 64. I (Illustrated Edition): This paperback includes patents attributed to David Schwartz Enterprises Inc. and Ripple Labs Inc.; such as, A Multilevel Distributed Computer System, and Electronic Payment Network Security, etc. A task. OCT 21, 2020. 48. He can be applauded for clearing the air with respect to how actually decentralized the XRP ledger is through a very informative post on the . 30. 5, a first distributed computer system embodiment of the invention includes a, Each computer of level III reports its status of availability through its C lines to, With the task now having been transfered to, Processing of a task on a real time basis can be performed by, Level V includes computers which are connected to the D links of, FIG. network). In 2012, while Schwartz and Britto wrote code, veteran tech executive Chris Larsen, who previously worked at Prosper Loans, joined Ripple as its first chief executive. The function of a doorknob is to control the movement between two spaces. Some 57% of ether production is controlled by three mining pools. 36. 54. 12. In 2015 Ripple formed the RippleNet Committee, an advisory team made up of major banks including Bank of America Merrill Lynch, Japans MUFG Bank, Standard Chartered Bank, Westpac and Spains Banco Santander, which invested in Ripple and began experimenting with early versions of its payment technology. Ripple's Trillion-Dollar Man - Forbes or a company on a mission to become the connective tissue for global banks, the location of Ripples ultramodern headquarters in San Franciscos financial district couldnt be more auspicious. 15. CPUs, Servers, Terminals considering the load, International Business Machines Corporation, The United States Of America As Represented By The Secretary Of The Air Force, American Telephone And Telegraph Company, At&T Bell Laboratories. One of the leading architects of the XRP ledger and current Ripple CTO David Schwartz spoke on Nik Bougalis's stepping down from his role as a director of engineering at the blockchain firm. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. control units, Arrangements for program control, e.g. This gave the untested currency a market value of $140 billion. US5025369A - Computer system - Google Patents Abstract A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. This invention relates generally to a computer system, and more particularly to distributed processing of a task by a distributed computer system. 2, the number of computers shown (i.e. 39. But one where the settlement, the actual movement of money, the actual plumbing underneath the surface, would be a decentralized, open network, Schwartz says. r/Ripple The Ripple CBDC team will be collaborating with the Central Bank of Montenegro CBCG on a pilot project to create a CBDC or . The multilevel computer system also includes communications link means for transferring portions of the task and additional task to the plurality of computers within the system (i.e. It was like inventing a new material. SWIFT has had the monopoly for so long, says Mercury CEO Alastair Constance, Why havent they been passing down the cost and time-saving? The second links are designed to transfer portions of the task and any additional task either unidirectionally or bidirectionally. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. If its the best solution, use it. No continuous active interconnection (i.e. Generally speaking, in accordance with the invention, a multilevel computer system includes at least one high level computer operable for receiving a task, for distributing portions of the task to be processed by one or more currently available low level computers and for processing, if it can, all undistributed portions of the task itself. When such specific and detailed instructions are provided a distributed computer system performing distributed processing can not pass portions of a task from one computer to another computer. Its expertise extends into cross-border and international restructuring matters, including in Asia and Brazil. 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. Ripple loses a veteran cryptographer . The computer system of claim 43, further including lower level computer means which includes at least three computer means and operable for processing received portions of the task and additional task, one of said at least three computer means operable for receiving a further additional task and processing, if currently available, portions of the further additional task, and wherein one of said at least two computer means of said low level computer means is also operable for receiving from said one of said at least three computer means of said lower level computer means portions the unprocessed further additional task and for distributing for processing, if available, those portions of the unprocessed further additional task to the other two of said at least three computer means of said lower level computer means and, if available, processing those portions of the unprocessed further additional task undistributed to said other two of said at least three computer means. Readers are encouraged to do thorough research before making any investment decisions. The computer system of claim 46, wherein each computer means within the computer system is substantially similar in construction. The computer system of claim 9, wherein the number of third link means is greater than the number of fourth link means. Chase sends a secure message via SWIFTs vast network to the receiving bank in Bolivia. Larsen, who received 9 billion XRP tokens as its CEO, saw his crypto holdings rise to as much as $60 billion. Information can not be transferred from one computer to another unless the computer which is transmitting the information has a "token ring". In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. US5025369A - Computer system - Google Patents 25. Chris Larsen, Ripples executive chairman, adds: Hes, if not the soul, hes a key part of the soul of what were trying to do here.. The method of claim 28, further including transferring portions of the task along the second link means unidirectionally. rom an early age David Schwartz was obsessed with doorknobs and locks. Schwartz said that miners' involvement in Bitcoin's PoW . Failure to recover from proactive semantic interference (frPSI) has been shown to be more sensitive than traditional cognitive measures in different populations with preclinical Alzheimer's disease. By the end of the conversation, the two had decided to see if they could build a financial infrastructure similar to bitcoin that would use far less energy and drastically reduce transaction time. six computers) is to be understood as merely exemplary. 29. 1. 26. The adoption of Ripple products has been modest so far. 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. 6 in terms of a flow chart. The primary objective of this study is to evaluate the effects of acetyl-L-carnitine (ALCAR), 3 g daily, and matched placebo on alcohol cue-elicited alcohol craving during a human laboratory paradigm after 4 weeks of daily dosing among participants ages 14-20 with alcohol use disorder (AUD) as confirmed by the Diagnostic and Statistical Manual of Mental Disorders - Fifth Edition (DSM-5) and . The computer system of claim 37, 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. wherein the number of first link means and the number of second link means associated with each computer 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 within the low level computer means is coupled to at least one other computer within the low level computer means through two second link means whereby the low level computer means forms a ring of computers. As the companys newly appointed chief technology officer, Schwartz is on a mission to dismantle and reassemble one of the biggest gateways on the planetthe one that connects nearly every bank in the world so that trillions of dollars can move from account to account. 8. b-1 through b-10. The computer system of claim 6, wherein said high level computer means and said low level computer means are operable for processing different portions of the additional task at the same time. David Schwartz Enterprises Jan 1988 - Jan 19913 years 1 month Invented a hierarchical system for distributing workloads over multiple computers. Accordingly, it is an object of the invention to provide an improved distributed computer system in which portions of a task rather than the complete task are transferred between computers in processing of the task. 17. Each user would be provided with a personal computer which would be coupled to one of the levels of the system. Davids patent used principles that the XRP Ledger uses today and it is currently breaking transaction records almost daily as mass adoption starts to ramp up. NATURAL BORN GENIUS- David Schwartz is one of the worlds most gifted cryptographer, we view him as a genuine genius. For bitcoin, about 58% of transactions are processed by four mining pools, mostly in China. Ironically, Schwartzs number one priority is persuading the blockchain community and potential customers that his team at Ripple is losing control of the technology they built. Ripple isnt the only blockchain startup that is after SWIFT. The A and B links (especially if used to form a comlete ring of computers on the same level) avoid such upward passing by providing communications links to computers 100 on the same level or lower levels. He mentions a project completed in 2015, when the European Central Bank launched a new platform for linking 20 central securities depositories (CSDs). Ironically, Schwartz, Ripples most zealous ambassador, opted for a salary and a 2% stake in Ripple, instead of the XRP cryptocurrency he helped create. And that really, philosophically, bothers me, Schwartz says. 1 is a block diagram of a cluster computer system; FIG. Crypto trader Shuoji Zhou runs FBG Capital, Asia's hottest cryptocurrency hedge fund. A method of distributed processing within a network of computers, comprising: 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 to form a ring of computers and the 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 portions of a task to be processed by currently available low level computers along the communications link based on the availability of the low level computers to process 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 currently available low level computers; processing, if currently available, all undistributed portions of the task by the at least one high level computer; processing portions of an additional task by currently available low level computers; distributing for processing along the communications link those portions of the additional task unprocessed by the low level computers to the at least one high level computer based on the availability of the at least one high level computer to process one or more portions of the unprocessed additional task, said availability of the at least one high level computer being previously communicated to at least one of the low level computers along the first link mean; and. Senior editor covering bitcoin and other blockchain applications. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. 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. As many of the portions as possible are distributed for processing on the lowest level of the system. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. In order to reach the offices, one must first pass through a grand archway that resembles something from Italys Medici era. To date, Ripple has introduced three important products: xVia, xCurrent and the newer xRapid, which aims to address an age-old problem facing international banks. The C link of each computer 100 is used to communicate/transfer information to or receive information from another computer 100 which is on a higher level of the system. How many transactions rely on Ripples sanctioned validators? A task inputted to the system is divided into a plurality of portions. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, Free format text: Ripple executives, including CTO David Schwartz, have admitted the software that is sold to banks for payments processing, XCurrent, is not a blockchain or any form of distributed ledger. Remaining unprocessed portions of the task are distributed to available computers on successively higher levels of the system until all of the task have been distributed for processing. In an era when secure emails are transmitted instantly and the bitcoin and ethereum blockchains move millions in minutes, most international money transfers take at least three days to settle, with fees that are opaque and varied. 8 is a flow chart of FIG. Ripples xRapid product has also won some converts. Ripple's XRP Sales Strategy: CTO Confirms Reduction in Company Holdings Ripple CTO Offers Simple Metric To Distinguish Securities From Commodities The computer system of claim 1, further including a lower level computer means operable for receiving a further additional task, for processing, if currently available, portions of the further additional task and for distributing for processing those portions of the further additional task unprocessed by the lower level computer means to low level computer means based on the availability, as determined by said lower level computer means, of said low level computer means to process one or more portions of the unprocessed further additional task and for distributing for processing through said communications link means any remaining portions of the further additional task unprocessed by said low level computer means to said 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 further additional task unprocessed by said low level computer means. I think the clean-sheet approach is almost always going to produce a better design at a lower cost.. In other words, Schwartz was gaining a working knowledge of cryptography at a high level. 47. of the central processing unit [CPU] to service a request the resource being a machine, e.g. The computer system of claim 37, wherein each computer means within the computer system is substantially similar in construction. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. While the XRP blockchain was designed to be open to anyone and therefore independent and trustworthy, Ripple has historically had disproportionate influence over its governance. In high school he was the prototypical nerd: Sports werent his thing, but chess was. XRP Ledger upgrade is "awesome news", says Ripple CTO David Schwartz The method of claim 28, wherein arrangement of the network includes providing that each computer within the system is of substantially the same construction. By requiring that the complete task be transferred from one computer to another, a state of distributed processing is created. 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. Schwartz went on to help build two financial tools that would become Ripples first core products: xVia, a payment interface designed to let users send payments globally with increased transparency, and xCurrent, enterprise software that lets banks initiate and settle transactions. Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. Leading life sciences, manufacturing and technology companies rely on the group's high level of expertise for . Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. 27. Notably, the networks history is often traced to 2011, when David Schwartz, Jed McCaleb, and Arthur Britto are said to have come together to develop the network. 6 is an expanded distributed computer system in accordance with the invention; FIG. 60. communications link means for transferring portions of the task within the computer system, said communications link means including first link means and second link means, said first link means coupling said at least one computer of said high level computer means to said at least two computers of said low level computer means, each of said second link means coupling said at least two computers of said low level computer means together; wherein the availability of said low level computer means is communicated to said high level computer means and the availability of said high level computer means is communicated to said low level computer means along said first link means; and. Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. Spains Banco Santander, which happens to have a seat on SWIFTs board of directors, has launched a retail mobile app called One Pay FX using Ripples xCurrent payment product. Ripple's CTO invented distributed computer system 20 years before Block Stars with David Schwartz Ripple - Apple Podcasts Most large banks are forced to maintain local currency accounts around the world for use during money transfers. A further object of the invention is to provide a distributed computer system which includes a plurality of substantially identical computers such as, but not limited to, personal computers operable for performing distributed processing. The blockchain specialist's Chief Technology Officer David Schwartz turned to Twitter to celebrate: "This is awesome news. They sell the coins periodically and have distributed many to insiders. 20. McCaleb and Schwartz joined forces and soon brought on another programmer, Arthur Britto, to help Schwartz finish XRP's technical architecture. Today, the Ripple network is so renowned that Colombia considered using it for its national land registry under the previous government administration. By requiring that the entire task be transferred as one package from one computer to the next, interaction between the distributed computer system and user while a task is being processed is difficult. ASSIGNMENT OF ASSIGNORS INTEREST. 24. The computer system of claim 44, wherein said communications link means includes third link means and fourth link means, said third link means coupling said at least two computer means of said low level computer means to said at least three computer means of said lower level computer means, said fourth link means coupling said at least three computer means of said lower level computer means together wherein the number of third link means and the number of fourth link means coupled to one of the computer means on the lower level computer means are unequal. Ripple is proud to have a strong bench of leaders across our executive team and board of directors. David Schwartz - CTO - Ripple | LinkedIn 67. Handled interactions with the USPTO to obtain. Ripple (aka XRP): International Payments Platform Blockchain - David 28 Apr 2023 19:00:14 David Schwartz, Ripple's Chief Technology Officer (CTO), has confirmed that the majority of the company's revenue comes from selling its XRP holdings. While not the same, it is eerily similar to how validation works on the XRP Ledger. Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. 59. Paged Memory Management Unit User's Manual by Motorola, published 1986-cover page, title page, copyright page pp. window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). The computer system of claim 9, wherein each computer within the computer system is a personal type computer. n May, as if to acknowledge his being overlooked in Ripples original creation story and hierarchy, Schwartz was discreetly named chief technology officer of the company he helped build from scratch. Check out his full Patent HERE 3 is a block diagram of a computer system marketed by T.S.M. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, ASSIGNMENT OF ASSIGNORS INTEREST. 6. 43. The method of claim 63, further including processing different portions of the additional task at the same time. The computer system of claim 37, 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 computer means. A task inputted to the system is divided into a plurality of portions. communications link means for transferring portions of the task within the computer system, said communications link means including first link means and second link means, said first link means coupling said at least one computer of said high level computer means to said at least two computers of said low level computer means and operable for transferring portions of the task and additional task bidirectionally, each of said second link means coupling said at least two computers of said low level computer means together; wherein the availability of said low level computer means to process one or more portions of the task is communicated to said high level computer means and the availability of said high level computer means to process one or more portions of the unprocessed additional task is communicated to said low level computer means along said first link means; and. 40. If no computers are available within the system, however, the unprocessed portions of the task will have been transfered to a computer within the highest level of the system (e.g. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at a strange time for the payments network. Rather, the complete task including the entire file is transferred between computers to sequentially process portions of the task. Known as "JoelKatz . The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. 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.
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