david schwartz ripple patent

Currently, David Schwartz is Chief Technology Officerat Ripple. Along the way, Schwartz developed an online persona, JoelKatz (the name was inspired by Stimpson J. The method of claim 28, further including transferring portions of the task along the first link means bidirectionally. 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. 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. 12. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at a strange time for the payments network. The computer system of claim 1, wherein the number of first link means is greater than the number of second link means. . 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. 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. 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. six computers) is to be understood as merely exemplary. 5 is a block diagram of a distributed computer system in accordance with the invention; FIG. 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. Reach Michael del Castillo at mdelcastillo@forbes.com. The method of claim 28, further including processing different portions of the additional task at the same time. 56. By moving the transactions to a shared, distributed ledger that only permissioned users can access, Ripple claimed to be able to facilitate transactions in as little as a few seconds instead of days. 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. The computer system of claim 9, wherein each computer within the computer system is a personal type computer. 2. ;ASSIGNOR:SCHWARTZ, DAVID J.;REEL/FRAME:004938/0770, RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362, Method and system for optionally registering a local process to allow participation in a single system semantic, Selective transaction oriented recovery and restart for message-driven business applications, Database system with methods for appending data records by partitioning an object into multiple page chains, Cluster of workstations for solving compute-intensive applications by exchanging interim computation results using a two phase communication protocol, Method and system including a central computer that assigns tasks to idle workstations using availability schedules and computational capabilities, Systems and methods for wireless communications, Global network computers for shared processing, Commercial distributed processing by personal computers over the internet, System and method for rapid completion of data processing tasks distributed on a network, Systems and methods for processing complex data sets, Systems and methods for geophysical imaging using amorphous computational processing, Method to support authentication and authorization of web application user to database management system in web server based data-driven applications, Apparatus, system, and method for automatically minimizing real-time task latency and maximizing non-real time task throughput, Management and scheduling of a distributed rendering method and system, Method and system for secure remote distributed rendering, Apparatus for generating panoramic images and method thereof, Information processing system and load sharing method, Method and system for distributed rendering, Stable hash-based mapping computation for a dynamically varying target set, Distributed processing multiple tier task allocation, Computers and microchips with a portion protected by an internal hardware firewall, Computers including an undiced semiconductor wafer with Faraday Cages and internal flexibility sipes, Computer or microchip with a secure control bus connecting a central controller to volatile RAM and the volatile RAM to a network-connected microprocessor, Information processing system and load balancing method, Multivariate analysis replica intelligent ambience evolving system, High impact resistant macromolecular networks, Data processing system having pyramidal hierarchy control flow, Multiprocessor computer apparatus employing distributed communications paths and a passive task register, Data processing apparatus for highly parallel execution of data structure operations, Data exchange processor for distributed computing system, Distributed multiprocessor communication system, Task communicator for multiple computer system, Multi-processor task dispatching apparatus, Multi-processor system employing job-swapping between different priority processors, Microcomputer based distributed control network, Syntactically self-structuring cellular computer, Funtionally structured distributed data processing system, Task scheduler for a fault tolerant multiple node processing system, Method of file access in a distributed processing computer network, Computer or microchip with its system bios protected by one or more internal hardware firewalls, Microchips with inner firewalls, faraday cages, and/or photovoltaic cells, Computers and microchips with a portion protected by an internal hardware firewalls, Computers and microchips with a side protected by an internal hardware firewall and an unprotected side connected to a network, Computers and microchips with a faraday cage, with a side protected by an internal hardware firewall and unprotected side connected to the internet for network operations, and with internal hardware compartments, Computer or microchip controlled by a firewall-protected master controlling microprocessor and firmware, Microchips with an internal hardware firewall, Computers or microchips with a hardware side protected by a primary internal hardware firewall leaving an unprotected hardware side connected to a network, and with multiple internal hardware compartments protected by multiple secondary interior hardware firewalls, Computer or microchip with an internal hardware firewall and a master controlling device, Microchips with an internal hardware firewall protected portion and a network portion with microprocessors which execute shared processing operations with the network, Microchips with multiple internal hardware-based firewalls and dies, Microchips with an internal hardware firewall that by its location leaves unprotected microprocessors or processing units which performs processing with a network, Computers or microchips with a primary internal hardware firewall and with multiple internal harware compartments protected by multiple secondary interior hardware firewalls, Computers and microchips with a faraday cage, a side protected by an internal hardware firewall and an unprotected side connected to the internet for network operations, and with internal hardware compartments, Personal and server computers having microchips with multiple processing units and internal firewalls, Computer or microchip including a network portion with RAM memory erasable by a firewall-protected master controller, Computers or microchips with a hardware side protected by a primary internal hardware firewall and an unprotected hardware side connected to a network, and with multiple internal hardware compartments protected by multiple secondary inner hardware firewalls, Internal hardware firewalls for microchips, Computer and microprocessor control units that are inaccessible from the internet, Computer or microchip protected from the internet by internal hardware, Distributed multiple-tier task allocation, Microchip with faraday cages and internal flexibility sipes, Computer with at least one faraday cage and internal flexibility sipes, Computer or microchip with a secure system bios having a separate private network connection to a separate private network, Method of using a secure private network to actively configure the hardware of a computer or microchip, Computer or microchip with a secure system BIOS and a secure control bus connecting a central controller to many network-connected microprocessors and volatile RAM, Personal computer, smartphone, tablet, or server with a buffer zone without circuitry forming a boundary separating zones with circuitry, A Unix-Based local computer network with load balancing, HOST-HOST communication protocol in the ARPA network, Hierarchical dual bus architecture for use in an electronic switching system employing a distributed control architecture, Intercomputer communication control apparatus & method, Intercomputer communication control apparatus and method, Apparatus for a data processing system having a peer relationship among a plurality of central processing units, Method and system for communicating interrupts between nodes of a multinode computer system, Method and apparatus for exploiting communications bandwidth as for providing shared memory, System for controlling access to a common bus in a computer system, Local area network system with a multi-computer system coupled method and method for controlling the same. David Schwartz is Chief Cryptographer at Ripple. However the SWIFT network is far from efficient. CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, Free format text: Schwartz dismisses such objections: When you try to update a legacy system, you tend to be pressured to keep things as opposed to replacing them. 60. The answer is that inefficiency and laziness has made them a lot of money.. 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. 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. This invention relates generally to a computer system, and more particularly to distributed processing of a task by a distributed computer system. 39. 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. Referring to FIG. 45. David is one of the original architects of the XRP Ledger. Lapse for failure to pay maintenance fees, Expired due to failure to pay maintenance fee, Information on status: patent discontinuation. using an internal store of processing equipment to receive or retain programs, Allocation of resources, e.g. 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. A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. Bougalis had spent roughly a . Ripples xRapid product has also won some converts. The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. 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. The communications link means has first links and second links. Credibility is a precious asset in cryptoland these days, and Schwartz, little-known and passed over during the XRP windfall enjoyed by his peers, comes off as something of a cryptocurrency Eagle Scout. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. 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. Once. 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. network). The C link is usually the only link along which the status (i.e. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. 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. 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. 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. The second links are designed to transfer portions of the task and any additional task either unidirectionally or bidirectionally. While not the same, it is eerily similar to how validation works on the XRP Ledger. ASSIGNMENT OF ASSIGNORS INTEREST. 29. 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. Patents Assigned to RIPPLE LABS INC. Network computing system executing programmatic adapters to implement asynchronous communications Patent number: 11551191 Abstract: A computing system can establish asynchronous network communications with exchanges to facilitate cross-medium transactions between originating and recipient clients. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. A task inputted to the system is divided into a plurality of portions. Ripple Patents VOL. 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. There is probably no doubt that David Schwartz, as Ripple CTO, owns a large amount of XRP. To this day Schwartz is not listed as a cofounder of Ripple, despite being employee number two and its chief architect. chwartzs background mirrors that of many of todays technologists. 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. In order to reach the offices, one must first pass through a grand archway that resembles something from Italys Medici era. 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. The method of claim 66, further including transferring portions of the task along the second link means bidirectionally. 22. The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task bidirectionally. In a recent series of tweets, Ripple CTO David Schwartz spoke about his crypto portfolio. In 2014, McCaleb became disgruntled and departed, forking, or copying, XRPs code to start rival venture Stellar. We dont know is the official response from a company spokesperson. On the bitcoin and ethereum blockchains, for example, validation comes from independent miners vying to confirm new blocks of transactions in exchange for the cryptocurrency. New CTO David Schwartz at Ripples San Francisco headquarters in June. David is one of the original architects of the XRP Ledger. 8 is a flow chart of FIG. 3. In 2001 he landed at a company in Santa Clara, California, called WebMaster Inc., where he helped design an early cloud-based storage system. OCT 21, 2020. 3 yr. ago Heres an abstract of the 1991 patent: Patent number: 5025369 A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. Lets say you want to transfer $5,000 from your account at JPMorgan Chase to your cousin in La Paz, Bolivia. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. Its a control, says Schwartz. The computer system of claim 46, wherein the number of third link means and the number of fourth link means associated with each computer means of said lower level computer means are unequal. 55. Crypto trader Shuoji Zhou runs FBG Capital, Asia's hottest cryptocurrency hedge fund. We want to create a payment network like SWIFT. Does it rust? 64. the ETHERNET computer system). 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. 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. A distributed computer system, that is, a network of computers each of which functions independently but in a cooperative manner with each other computer, are well known in the art and generally are assembled in the form of a cluster, token ring or all together along the same line/bus (i.e. Method of and arrangement for ordering of multiprocessor operations in a multiprocessor system. 40. A distributed computer system is a network of computers each of which function independently of but in a cooperative manner with each other. The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. 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. In other words, Schwartz was gaining a working knowledge of cryptography at a high level. 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. 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. In fact, more than half the XRP that will ever exist are still owned by Ripple. Cover image by Jamel Toppin for Forbes. Its a gateway, a barrier, and obstacle. 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. The computer system of claim 1, wherein said first link means are operable for transferring portions of the task and additional task bidirectionally. CPUs, Servers, Terminals, Allocation of resources, e.g. 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. Lessening of the load that any one computer is requested to process results. 31. 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. And that really, philosophically, bothers me, Schwartz says. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. 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. 49. Ironically, Schwartz, Ripples most zealous ambassador, opted for a salary and a 2% stake in Ripple, instead of the XRP cryptocurrency he helped create. 34. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. 20. 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. 68. Senior editor covering bitcoin and other blockchain applications. This gave the untested currency a market value of $140 billion. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. 63. US5025369A - Computer system - Google Patents Abstract A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. Schwartzs centrally located open-plan desk on the second floor is austeretwo flat-panel displays and a black ergonomic keyboard are all you will find. 19. David Schwartz, Ripple's Chief Technology Officer (CTO), has confirmed that the majority of the company's revenue comes from selling its XRP holdings. 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. The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. 3 is a block diagram of a computer system marketed by T.S.M. Additional levels of computers can be added to the system to further distribute the processing of portions of a task and additional task. 21. All the transactions recorded on the XRP blockchain are confirmed using a consensus system comprising groups of validators that analyze the network's transactions. 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.

First Year Calculus Notes, Dublin Rec Center Membership, Mission And Vision Of Leche Flan, Broken Wing Poem By Will Reyes, Articles D