chwartzs background mirrors that of many of todays technologists. 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. Additional levels of computers can be added to the system to further distribute the processing of portions of a task and additional task. Its expertise extends into cross-border and international restructuring matters, including in Asia and Brazil. This idea of disintermediating these shadow regulators that are not democratically accountable and are not elected but act as policemen kind of resonated with me. 28 Apr 2023 19:00:14 10. 6 in accordance with a first embodiment of the invention; and. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the National Security Agency (NSA). Senior editor covering bitcoin and other blockchain applications. For bitcoin, about 58% of transactions are processed by four mining pools, mostly in China. 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. In early 2011 Schwartz was looking for something new. PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362. of the central processing unit [CPU] to service a request, Allocation of resources, e.g. Generally, a distributed computer system can not perform distributed processing unless specific and detailed instructions are provided for one computer to serve as the equivalent of a slave processor to another computer. The computer system of claim 8, wherein said high level means, low level means and lower level means are operable for processing different portions of the task at the same time. Describing the move as bittersweet, Schwartz said although he would no longer work with him, he is still glad of Bougalis's decision to move forward. A task inputted to the system is divided into a plurality of portions. Ripple Labs CTO David Schwartz says those with life-changing amounts of crypto should think about selling some. 1. 4 is a block diagram of a computer in accordance with the invention; FIG. 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. How many transactions rely on Ripples sanctioned validators? 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.. 3. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. 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. The mysterious Satoshi Nakamoto is often credited with inventing blockchain - the tech behind the recent cryptocurrency and decentralization boom. 5. OCT 21, 2020. 22. 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. A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. 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. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. 58. The computer system of claim 1, 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. 63. 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 . In 2014, McCaleb became disgruntled and departed, forking, or copying, XRPs code to start rival venture Stellar. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. No two computers transmit on the same line at the same time. There is probably no doubt that David Schwartz, as Ripple CTO, owns a large amount of XRP. 60. It didnt take long for banks to see the potential in what Ripple was creating. My personal fortune is aligned with the success of the company and its products, Schwartz says bluntly. @JoelKatz, his Twitter handle, has more than 100,000 followers. 46. While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. As a precocious preschooler in suburban Long Island in the 1970s, he began programming his fathers Texas Instruments and Hewlett-Packard calculators, mostlyto create pictures on their tape readouts. A distributed computer system performing distributed processing with more than about six computers is difficult to work with since many of the same lines, disk drives, printers and other equipment must be shared by each computer. 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. 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. FIG. Marshall Huebner is considered an expert in risk management bankruptcy advisory work. As of June 2018, some 180 banks were using this encrypted, non-blockchain alternative to transfer about $100 billion in cross-border payments per day. The computer system of claim 44, wherein said high level computer means, low level computer means and lower level computer means are operable for processing different portions of the further additional task at the same time. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. F or a company on a mission to become the connective tissue. In fact, more than half the XRP that will ever exist are still owned by Ripple. The method of claim 63, further including processing different portions of the additional task at the same time. Most large banks are forced to maintain local currency accounts around the world for use during money transfers. Loosely coupled compound computer system using lock and semaphore mechanism for performing exclusive control of shared resource which is accessed through a distinct bus, Method and apparatus for commanding operations on a computer network, System control network for multiple processor modules, Mechanism for supporting out-of-order service of bus requests with in-order only requesters devices, Method for regulating access by concurrent transactions to resources, Method of resetting coupled modules and system using the method, Word processing system with a printer shared by a plurality of display units. David Schwartz, CTO of Ripple, recently tweeted his opinions on how adopting blockchain-agnostic solutions might hasten the spread of XRP and attract more consumers within the Ripple platform. The first links transfer portions of the task and any additional task bidirectionally. The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. Despite the fact that none of Ripples early banking partners were using XRP cryptocurrency, its penny stock price, coupled with confusion over its actual relationship to Ripple, caused XRP to soar on crypto exchanges to a peak of $3.65 in January 2018, up from $.006 only a year before. Those portions unprocessed on the lowest level are distributed for processing on the next lowest level. 42. And if persuading bankers to switch to the largely untested Ripple platform wasnt difficult enough, the company also faces competition from a host of other startups, including Stellar, a blockchain money-transfer firm formed in 2014 by one of Ripples founders. In a recent series of tweets, Ripple CTO David Schwartz spoke about his crypto portfolio. David Schwartz has been a prominent member of the crypto-sphere from its earliest days and is considered to be a household name within the community. Handled interactions with the USPTO to obtain. On either side are the offices of Bank of America and U.S. Trust. My objective initially was just to see if it was true, says Schwartz, who started working on the code that would eventually underpin the XRP cryptocurrency. Like a lot of banks, we have to place different bets in different areas, says Santander managing director John Whelan. Generally, no more than about six computers can be used in the system resulting in a state of limited distributed processing. The process took seven years and was estimated to cost $400 million. But Schwartz, who just returned from a tour of Europes banks, faces many obstacles. Currently, David Schwartz is Chief Technology Officerat Ripple. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, Free format text: This invention relates generally to a computer system, and more particularly to distributed processing of a task by a distributed computer system. 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. 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. The computer system of claim 42, 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. Its a control, says Schwartz. 31. Its a gateway, a barrier, and obstacle. A distributed computer system is a network of computers each of which function independently of but in a cooperative manner with each other. At age 48, Schwartz, bearded and balding with shoulder-length hair, is the Gandalfesque wizard of San Franciscos Ripple and co-creator of the third-most-valuable cryptocurrency, XRP. 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. Paged Memory Management Unit User's Manual by Motorola, published 1986-cover page, title page, copyright page pp. The method of claim 28, further including transferring portions of the task along the second link means bidirectionally. But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. Computers on the higher level are used as a last resort for processing when one or more portions of the task cannot be distributed for processing to computers connected through the A, B and D. The A and B links are used to shorten the path along which a portion of a task is to be distributed. The same years he was awarded his first patent for a distributed computer network that he designed (20 years before the Bitcoin blockchain was invented). David Schwartz created the XRPL way back in 1988 when they didnt even had a name for the blockchain. The function of a doorknob is to control the movement between two spaces. 14. But long before Nakamoto published his seminal. CPUs, Servers, Terminals, Allocation of resources, e.g. 30. The computer system of claim 37, 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. 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. As for the validators, Schwartz claims that only 10 of the 150 currently supporting the network are managed by Ripple. The method of claim 28, 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. 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). 2, the number of computers shown (i.e. The first links couple at least one computer of the high level computer means to at least two computers of the low level computer means. The method of claim 28, further including transferring portions of the task along the second link means unidirectionally. Lapse for failure to pay maintenance fees, Expired due to failure to pay maintenance fee, Information on status: patent discontinuation. 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. David Schwartz, CTO of Ripple, is interviewed by Fortune's Jeff Roberts.This Interview was recorded on June 12th, 2019 at the Future of Fintech conference in. 38. With more than 10,000 banks in SWIFTs network, Newman is hopeful that he can transition all of SWIFTs members to its new system GPI system by 2020. 57. In processing each task within the computer system, different portions of the task are processed at the same time by different computers. six computers) is to be understood as merely exemplary. Probably plenty of videos on Youtube that will explain it in very simple . 51. They sell the coins periodically and have distributed many to insiders. Meawhile he was getting interested in cryptography. Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. The product didnt sell well, but demand for programmers rose during the dot-com era, and Schwartz pursued a number of network-related programming positions. David Schwartz is the current Chief Technology Officer at Ripple and he has been active in most of the social media platforms explaining his vision for a decentralized ledger as well as simplifying the remittance industry via Ripple products and XRP. Information can not be transferred from one computer to another unless the computer which is transmitting the information has a "token ring". If information is to be sent between any two computers, the computer which is sending information must wait for the token ring to arrive. rom an early age David Schwartz was obsessed with doorknobs and locks. Is it really strong? He was particularly troubled by the centralized control of money. Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks. Leading life sciences, manufacturing and technology companies rely on the group's high level of expertise for . 40. 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. The Crypto Basic is not responsible for any financial losses. Ripples xRapid product has also won some converts. The thing that intrigued me the most about David Schwartz filling a patent for a DLT type technology is that the patent expiration date was 2008-08-25. thexrpdaily. 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. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. Each second link couples at least two computers of the low level computer means together. 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. Each user would be provided with a personal computer which would be coupled to one of the levels of the system. 5 is a block diagram of a distributed computer system in accordance with the invention; FIG. XRP was made to become the greatest asset ever created. Is it manufacturable? To help offset concerns that the company could flood the cryptocurrency market or manipulate prices, Ripple has locked up its XRP into smart contracts that hold the currency in escrow, temporarily releasing 1 billion tokens a month. The computer system of claim 1, wherein the number of first link means is greater than the number of second link means. 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. 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. 11. 70. Banks interest in Ripple coincided with the general excitement bubbling up around bitcoin in 2016 and 2017. The blockchain specialist's Chief Technology Officer David Schwartz turned to Twitter to celebrate: "This is awesome news. 39. The endgame is just money moving invisibly, as easily as information.. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. Jones also commented that other founders selected [] While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: 67. By requiring that the complete task be transferred from one computer to another, a state of distributed processing is created. As of June 2018, some 180 banks were using this encrypted, non-blockchain alternative to transfer about $100 billion in cross-border payments per day. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. 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. 49. And then, once you have all those properties, is there some use case for that?. Around this time Schwartz met Jed McCaleb, the founder of the Mt Gox bitcoin exchange and an early Napster competitor called eDonkey 2000. 38 min. He mentions a project completed in 2015, when the European Central Bank launched a new platform for linking 20 central securities depositories (CSDs). 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. The computer system of claim 19, 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. Larsen, who received 9 billion XRP tokens as its CEO, saw his crypto holdings rise to as much as $60 billion. The method of claim 63, wherein arrangement of the network includes providing that each computer within the system is of similar construction. A task. Ripple is proud to have a strong bench of leaders across our executive team and board of directors. 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. Patent Documents Reveal David Schwartz May Have Come Up With XRP Ledger Concept In 1988, Former Ripple Exec: XRP Ledger Years Ahead of Ethereum As Vitalik Wanted Internship at Ripple, Binance Total LUNC Burns Surpass 31B as Exchange Burns 1.2B+ Terra Classic, Peter Brandt Says Bitcoin Will Be The Only King Of Hill If This Happens, Binance CEO Praises Shiba Inu While Responding to PEPE Listing, 11.3M Shiba Inu Burned in 24 Hours, 22M in Week, Cardano Founder Responds to Criticism of Building Nothing for Ethereum. 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. The multilevel computer system is particularly well suited for use in an office, corporation or the like wherein a hierarchy of personnel exists. b-1 through b-10. The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. 68. network). The company has recruited hundreds of the worlds largest financial institutionsfrom UBS and BBVA to American Express and the Bank of Indonesiato test Ripples new tools designed to modernize the way they move money. . Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. 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. 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. 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. a complete chain) within that level. The computer system of claim 9, wherein the number of third link means and the number of fourth link means associated with each computer of said lower level computer means are unequal. The competition has jolted SWIFT into action. 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 third link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. Schwartz said that miners' involvement in Bitcoin's PoW . The invention avoids the foregoing drawbacks of distributed computer systems while providing unlimited distributed processing by providing a computer topography which allows computers of the system to communicate with each other on an efficient basis even when a large number of computers are used in the system. 6. The computer system of claim 9, wherein the number of third link means is greater than the number of fourth link means. 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 1, wherein each computer within the computer system is substantially similar in construction. communication) between computers is present in a distributed computer system except in regard to sharing the same hard disk drive and/or printer.
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