A computer system in which portions of a task are performed by a number of different processors is commonly referred to as distributed processing. 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. When that barrier goes away, you understand it. ASSIGNMENT OF ASSIGNORS INTEREST. 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. In a recent series of tweets, Ripple CTO David Schwartz spoke about his crypto portfolio. There is probably no doubt that David Schwartz, as Ripple CTO, owns a large amount of XRP. 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. The Ripple CTO's comments about Bitcoin and XRP came during a Zoom call with TechRadar Pro a few days ago. To lessen the load of computers in the high level computer means, a pyramid-like network is constructed wherein the number of first links associated with any computer of the high level computer means is preferably greater than the number of second links associated with any computer of the low level computer means. While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, Free format text: David Schwartz cto of ripple who worked for the NSA and - Reddit Those portions unprocessed on the lowest level are distributed for processing on the next lowest level. The multilevel computer system is particularly well suited for use in an office, corporation or the like wherein a hierarchy of personnel exists. Chase sends a secure message via SWIFTs vast network to the receiving bank in Bolivia. The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. The computer system of claim 9, wherein each computer within the lower level computer means is coupled to at least one other computer within the lower level computer means through two fourth link means whereby the lower level computer means forms a ring of computers. Cover image by Jamel Toppin for Forbes. Some 57% of ether production is controlled by three mining pools. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. David Schwartz Enterprises Jan 1988 - Jan 19913 years 1 month Invented a hierarchical system for distributing workloads over multiple computers. In a recent Twitter exchange, Schwartz explained that this approach not only generates revenue for Ripple but also contributes to decentralization by reducing the company's XRP holdings. Does it rust? of the central processing unit [CPU] to service a request, Allocation of resources, e.g. As shown in FIG. 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. 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. 7 illustrates the operation of FIG. 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. He is one of the chief architects of the XRP Ledger, but a patent filing in 1988 shows he had a similar vision for a decentralized network before there was anything called a blockchain. The C link is usually the only link along which the status (i.e. 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 46, wherein the number of third link means is greater than the number of fourth link means. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. 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. This gave the untested currency a market value of $140 billion. 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. He was particularly troubled by the centralized control of money. Mark Brennan has been active in the cryptocurrency sector since 2014. The computer system of claim 14, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. Ripple Whale David Schwartz: CTO Reveals His Crypto Portfolio In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. 4 is a block diagram of a computer in accordance with the invention; FIG. 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. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. 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 . 23. For example, floating, The eleven communications links A, B, C, D, The A and B links are used as communications lines for computers 100 which are on the same level within the distributed computer system. 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. Ripple Patents VOL. The computer system of claim 1, wherein each computer within the computer system is substantially similar in construction. US5025369A - Computer system - Google Patents Abstract A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. Known as "JoelKatz . If information is to be sent between any two computers, the computer which is sending information must wait for the token ring to arrive. Patent Number 5,025,369 was issued on January 18, 1991, but it was filed by Schwartz on August 25, 1988. 59. 33. 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 computer system of claim 14, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task unidirectionally. 69. The CTO's perspective is that a blockchain-agnostic solution is a technology that can operate with all digital assets in the cryptocurrency space or . The following year he was awarded his first patent20 years before Satoshi Nakamoto invented the bitcoin blockchainfor a distributed computer network he designed to lighten the burden of a central processor. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. It sounds silly, but to me it might as well have been magic.. Senior editor covering bitcoin and other blockchain applications. It was a fantastic experience, Schwartz says. Its a bit like heart surgery, Vandenreydt says. A task. David Schwartz Distributed Computer Network Patents 20 The blockchain specialist's Chief Technology Officer David Schwartz turned to Twitter to celebrate: "This is awesome news. communication) between computers is present in a distributed computer system except in regard to sharing the same hard disk drive and/or printer. Ripple's Chief Technology Officer, David Schwartz, and the self-proclaimed Bitcoin inventor, Craig Wright, have been engaging in a public exchange regarding the lawsuit outcome surrounding XRP . 25. David Schwartz created the XRPL way back in 1988 when they didnt even had a name for the blockchain. The computer system of claim 46, wherein the third link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. processing, if available, by the at least one high level computer the unprocessed portions undistributed to the second of the at least two low level computers. Block Stars with David Schwartz Ripple - Apple Podcasts Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. Lapse for failure to pay maintenance fees, Expired due to failure to pay maintenance fee, Information on status: patent discontinuation. While not the same, it is eerily similar to how validation works on the XRP Ledger. 40. Ripple loses a veteran cryptographer . 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. 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 additional task at the same time. The mysterious Satoshi Nakamoto is often credited with inventing blockchain - the tech behind the recent cryptocurrency and decentralization boom. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: 18. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. No two computers transmit on the same line at the same time. David Schwartz | Alliance for Innovative Regulation. - AIR Owner name: 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. 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. But long before Nakamoto published his seminal. If its the best solution, use it. Such communications links significantly add to the required interconnections between the computers and their associated cost. 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. 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. 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. 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. 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. 21. Rather, the complete task including the entire file is transferred between computers to sequentially process portions of the task. If a task is inputted to a computer which is presently unavailable to perform the task, the task is not automatically shifted to an available computer on the system since there is no continuous interaction between computers. The computer system of claim 8, 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. The computer system of claim 9, wherein each computer within the computer system is substantially similar in construction. The computer system of claim 37, wherein said first link means are operable for transferring portions of the task and additional task bidirectionally. using an internal store of processing equipment to receive or retain programs, Allocation of resources, e.g. 6 in accordance with a first embodiment of the invention; and. And then, probably a month and a half later, we reached the point where I proved to him that yes, this would work, it would be possible, but we didnt know what it would be good for. Crypto trader Shuoji Zhou runs FBG Capital, Asia's hottest cryptocurrency hedge fund. My personal fortune is aligned with the success of the company and its products, Schwartz says bluntly. 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. In this way Ripple hopes to transform XRP into a decentralized reserve currency for international banks. 62. 3. Versatility of a computer system can be increased by using a plurality of small computers, such as personal computers, to perform simple tasks and a central computer for longer more complex tasks. 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 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. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. 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. F or a company on a mission to become the connective tissue. He currently serves as the Chief Technology Officer at Ripple and is considered to be one of the original architects behind the public decentralized blockchain, known as the XRP Ledger. 12. 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'. Normally, and unlike a typical distributed computer system, distributed processing is performed by a number of different microprocessors located within one central processor. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. 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. A task inputted to the system is divided into a plurality of portions. In processing each task within the computer system, different portions of the task are processed at the same time by different computers. 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 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 link means associated with each low level computer are unequal; distributing along the first link means portions of the task to be processed by currently available low level computers based on the availability of the low level computers to process one or more portions of the task, said availability being previously communicated to said at least one high level computer from at least one of the at least two low level computers along said first link means; processing the distributed portions of the task by the currently available low level computers; processing, if currently available, portions of an additional task by one of the at least two low level computers; distributing along the first link means those portions of the additional task unprocessed by said one of the at least two low level computers to the at least one high level computer if the other of said at least two low level computers is currently available for processing of the additional task; distributing along the first link means, if available, those portions of the additional task to the other of said at least two low level computers based on the availability of the other of said at least two low level computers to process one or more portions of the unprocessed additional task, said availability of the other of said at least two low level computers being previously communicated to said at least one high level computer from the other of said at least two low level computers along said first link means; processing by the second of said at least two low level computers the received portions of the additional task; and. Craig Wright Claims XRP is No More, Ripple CTO Responds In early 2011 Schwartz was looking for something new. 66. 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. 5 is a block diagram of a distributed computer system in accordance with the invention; FIG. 55. Its a gateway, a barrier, and obstacle. David Schwartz - CTO - Ripple | LinkedIn 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. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. Still other objects and advantages of the invention will in part be obvious and will in part be apparent from the specification. Fabian Vandenreydt, a former head of SWIFT Global Securities, adds that the issue isnt whether Ripples technology works but whether it saves banks more money than it costs. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. 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. Leading life sciences, manufacturing and technology companies rely on the group's high level of expertise for . thexrpdaily. Ripple's XRP Sales Strategy: CTO Confirms Reduction in Company Holdings Readers are encouraged to do thorough research before making any investment decisions. Patent Documents Reveal David Schwartz May Have Come Up With XRP Ledger 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. when did david schwartz patent xrp - Shopnaturenow
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