david schwartz ripple patent

A task inputted to the system is divided into a plurality of portions. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. David Schwartz Filed Patent for XRP Ledger Concept in 1988 The computer system of claim 1, 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. network). Reach Michael del Castillo at mdelcastillo@forbes.com. 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. 61. 5. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. Ripple CTO David Schwartz Makes a Big Statement About The New - Reddit Ripple CTO David Schwartz urges adoption of Blockchain-Agnostic And that really, philosophically, bothers me, Schwartz says. 39. David is one of the original architects of the XRP Ledger. Charles Schwartz has filed for patents to protect the following inventions. 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. 9. But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. Like a lot of banks, we have to place different bets in different areas, says Santander managing director John Whelan. 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. The computer system of claim 20, wherein each computer means 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 computer means. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. 7 is a flow chart of FIG. In a bizarre blockchain era twist, Ripple is accused of being as centrally controlled as SWIFT itself. 43. 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. Ripple has upgraded its XRP Ledger with the Negative UNL amendment, which provides resilience for the network when multiple validators are offline. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. Patents Assigned to David Schwartz Enterprises, Inc. 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. 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. Theyre enforcing the law in a way that doesnt have any of the normal protections that law enforcement is supposed to have. Under one embodiment of the invention no portion of a task, if possible, should be distributed so that the path of distribution of one or more portions of the task from one computer 100 to another computer 100 includes yet another computer 100 which is on a higher level of the computer system. 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. Since they launched it with the name XRPL it never got hacked nor being halted. My personal fortune is aligned with the success of the company and its products, Schwartz says bluntly. Ripple Patents VOL. 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. 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. Is it really light? 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. 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. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. F or a company on a mission to become the connective tissue. 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. The communications link means has first links and second links. The Ripple CTO's comments about Bitcoin and XRP came during a Zoom call with TechRadar Pro a few days ago. 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 1990 he received a degree in electrical engineering from the University of Houston. Its a bit like heart surgery, Vandenreydt says. Additional levels of computers can be added to the system to further distribute the processing of portions of a task and additional task. 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. As for the validators, Schwartz claims that only 10 of the 150 currently supporting the network are managed by Ripple. The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. 50. New CTO David Schwartz at Ripples San Francisco headquarters in June. 42. Ripple Labs CTO David Schwartz says those with life-changing amounts of crypto should think about selling some. 69. Craig Wright Claims XRP is No More, Ripple CTO Responds On either side are the offices of Bank of America and U.S. Trust. David Schwartz: The Man Behind Ripple - Global Coin Report 58. David Schwartz: Getting Ripple Stock Instead of XRP was Probably a Big In early 2011 Schwartz was looking for something new. SWIFT has had the monopoly for so long, says Mercury CEO Alastair Constance, Why havent they been passing down the cost and time-saving? 8 is a flow chart of FIG. the ETHERNET computer system). By requiring that the complete task be transferred from one computer to another, a state of distributed processing is created. PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362. Forbes: Meet David Schwartz, Ripple's Trillion Dollar Man - Ethereum No two computers transmit on the same line at the same time. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. Its a control, says Schwartz. More particularly, the token ring is a piece of information which is part of the transmitted data stream and is required for transmitting information along one of the lines between computers. 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 unidirectionally. 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. They sell the coins periodically and have distributed many to insiders. The history of the XRPL could be older than we previously believed. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. 8. Patents Assigned to RIPPLE LABS INC. - Justia Patents Search US5025369A - Computer system - Google Patents The process took seven years and was estimated to cost $400 million. Handled interactions with the USPTO to obtain. 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. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. This gave the untested currency a market value of $140 billion. 6 in accordance with an alternative embodiment of the invention. If not, why do I want to trick or force people to get a substandard outcome?. rom an early age David Schwartz was obsessed with doorknobs and locks. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. 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. using an internal store of processing equipment to receive or retain programs, Allocation of resources, e.g. Initially, a user requests that a task be processed in a, If a computer on a level III is available to process that portion of the task, such portion is sent on a D line to that available computer under, Assuming that computers 410-440 are not available for processing the portion of the task which, If one or more computers are available in level IV of, If there are no computers available throughout, In another alternative embodiment of the invention, those portions of the task which have not been transfered for processing to a lower level of the system through D links and which can not be currently processed by the computer which has these one or more portions is transfered along one or more C links until reaching a computer on a higher level which can either process the task itself or has received status signals of availability from a lower level computer. That got me into the bitcoin community.. 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. 51. 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. 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. Ripple Whale David Schwartz: CTO Reveals His Crypto Portfolio of the central processing unit [CPU] to service a request the resource being a machine, e.g. Around this time Schwartz met Jed McCaleb, the founder of the Mt Gox bitcoin exchange and an early Napster competitor called eDonkey 2000. 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. You dont need our permission, and we cant stop you, Schwartz says. At 5 he would use a screwdriver to dismantle them, removing them from household doors, so that family photos show gaping holes where the knobs should be. Join the club! 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. 38. Preferably, the distributed computer system should include a plurality of personal computers operable for performing distributed processing to avoid the need for a mainframe. 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 second links are designed to transfer portions of the task and any additional task either unidirectionally or bidirectionally. It sounds silly, but to me it might as well have been magic.. To this day Schwartz is not listed as a cofounder of Ripple, despite being employee number two and its chief architect. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: 2, the number of computers shown (i.e. As many of the portions as possible are distributed for processing on the lowest level of the system. 34. 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. As can be readily appreciated, the higher the level of the system, the more computers report their availability status to a single computer and the more likely that an available computer will be found. ;ASSIGNOR:SCHWARTZ, DAVID J.;REEL/FRAME:004938/0770, Owner name: The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. 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. 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. A multilevel computer system including high level computing means and low level computing means, comprising: communications link means for transferring 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 the task, for distributing for processing portions of the task to said low level computer means based on the availability, as determined by said high level computer means, of said low level computer means to process one or more portions of the task, said availability being previously communicated to said high level computer means along said first link means of said communication link means and for processing, if currently available, all undistributed portions of the task; said low level computer means including at least two computer means and operable for processing received portions of the task from the high level computer means, one of said at least two computer means operable for receiving an additional task and for processing, if currently available, portions of the additional task; said high level computer means also operable for receiving from 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 for processing by the latter based on the availability of the other of 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 of 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 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, 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 coupled to one of the at least two computer means of said low level computer means are unequal. 46. 27. availability) is reported of lower level computers. The Ripple executive did this in a tweet yesterday, surmising his thoughts on arguments made by lawyers of former Coinbase product manager Ishan Wahi in a motion to dismiss a civil suit filed by the US Securities and Exchange Commission (SEC). Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. 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. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO). I think the clean-sheet approach is almost always going to produce a better design at a lower cost.. In a recent interview, Ripple CTO David Schwartz talked about the advantages of XRP Ledger's consensus mechanism over Bitcoin's Proof-of-Work (PoW) consensus mechanisms. Consequently, only one of, Referring once again to FIG. 68. In the newest episode of Block Stars, Ripple CTO David Schwartz sits down with John Kraski, Director of Strategic Partnerships at NFT Thought Leaders. 41. US5025369A - Computer system - Google Patents Abstract A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. Check out his full Patent HERE XRP was made to become the greatest asset ever created. The computer system of claim 1, wherein the number of first link means is greater than the number of second link means. 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. 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. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. Ripple's XRP Sales Strategy: CTO Confirms Reduction in Company Holdings 31. Schwartz said that miners' involvement in Bitcoin's PoW . 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. 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. In short, Schwartz wants to disrupt SWIFT, the Society for Worldwide Interbank Financial Telecommunication, a Belgian cooperative organization founded in 1973 that counts more than 10,000 financial institutions as its members and is the ultimate middleman in banking. DLA Piper LLP (US) > San Diego (Downtown) > United States | The Legal In high school he was the prototypical nerd: Sports werent his thing, but chess was. The method of claim 28, further including transferring portions of the task along the second link means bidirectionally. Ripples xRapid product has also won some converts. Ripple loses a veteran cryptographer . processing portions of an additional task by at least one of the at least two low level computers which are currently available for processing, and distributing for processing along the communications link those portions of the additional task unprocessed by the low level computers to any currently available high level computer. Ripple CTO Describes How Linqto Facilitates Investments in PolySign Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. The method of claim 63, further including transferring portions of the task along the first link means bidirectionally. The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task bidirectionally. 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. 3. 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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