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. The computer system of claim 9, wherein the number of third link means is greater than the number of fourth link means. 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. In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: "The endgame is just money moving invisibly, as easily as information.". 35. of the central processing unit [CPU] to service a request the resource being a machine, e.g. The computer system of claim 9, wherein each computer within the computer system is a personal type computer. OCT 21, 2020. The computer system of claim 9, wherein each computer within the computer system is substantially similar in construction. Marshall Huebner is considered an expert in risk management bankruptcy advisory work. 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. The computer system of claim 46, wherein each computer means within the computer system is a personal type computer. 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. Ripples xRapid product has also won some converts. Patents Assigned to David Schwartz Enterprises, Inc. Computer system Patent number: 5025369 Abstract: A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. 7 is a flow chart of FIG. 12. Referring to FIG. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, ASSIGNMENT OF ASSIGNORS INTEREST. 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. In fact, more than half the XRP that will ever exist are still owned by Ripple. Since they launched it with the name XRPL it never got hacked nor being halted. 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). While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. 47. 19. Method of and arrangement for ordering of multiprocessor operations in a multiprocessor system. 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. 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. 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. 22. Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks. 4, a computer 100 includes a central processing unit (CPU) 110, a, Each of the elements within computer 100 is an off the shelf item. The adoption of Ripple products has been modest so far. 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. Another object of the invention is to provide an improved distributed computer system in which there is a continuous active interconnection between computers. They sell the coins periodically and have distributed many to insiders. Is it manufacturable? 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. Schwartz said that miners' involvement in Bitcoin's PoW . On either side are the offices of Bank of America and U.S. Trust. All the transactions recorded on the XRP blockchain are confirmed using a consensus system comprising groups of validators that analyze the network's transactions. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. wherein the number of first and second link means associated with at least one of the at least two computers of said low level computer means are unequal. thexrpdaily. 30. It was like inventing a new material. 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. 7. 1. Meawhile he was getting interested in cryptography. Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. Ripple has upgraded its XRP Ledger with the Negative UNL amendment, which provides resilience for the network when multiple validators are offline. David Schwartz is Chief Cryptographer at Ripple. 66. 50. 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. 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. rom an early age David Schwartz was obsessed with doorknobs and locks. At least two low level computers are operable for receiving an additional task, for processing, if they can, portions of the additional task and distributing for processing those portions of the additional task unprocessed by the low level computers to the at least one high level computer if the latter is currently available for processing. While not the same, it is eerily similar to how validation works on the XRP Ledger. The method of claim 28, further including transferring portions of the task along the second link means bidirectionally. In high school he was the prototypical nerd: Sports werent his thing, but chess was. Leading life sciences, manufacturing and technology companies rely on the group's high level of expertise for . The computer system of claim 46, wherein the number of third link means is greater than the number of fourth link means. CPUs, Servers, Terminals, Allocation of resources, e.g. 56. The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. While the XRP blockchain was designed to be open to anyone and therefore independent and trustworthy, Ripple has historically had disproportionate influence over its governance. In 2012, while Schwartz and Britto wrote code, veteran tech executive Chris Larsen, who previously worked at Prosper Loans, joined Ripple as its first chief executive. For bitcoin, about 58% of transactions are processed by four mining pools, mostly in China. In processing each task within the computer system, different portions of the task are processed at the same time by different computers. Handled interactions with the USPTO to obtain. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. 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. Schwartz exposes how many XRP he owns and what his relationship to Bitcoin and Ethereum looks like. The authors sought to characterize the structural and amyloid in vivo correlates of frPSI in cognitiv A task inputted to the system is divided into a plurality of portions. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. 61. 59. 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 . 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. How many transactions rely on Ripples sanctioned validators? 62. 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. There is probably no doubt that David Schwartz, as Ripple CTO, owns a large amount of XRP. Generally speaking, in accordance with the invention, a multilevel computer system includes at least one high level computer operable for receiving a task, for distributing portions of the task to be processed by one or more currently available low level computers and for processing, if it can, all undistributed portions of the task itself. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at a strange time for the payments network. 2. 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. The invention accordingly comprises the several steps in a relation of one or more such steps with resepct to each of the others, and the apparatus embodying features of construction, a combination of elements and arrangements of parts which are adapted to effect such steps, all is exemplified in the following detail disclosure, and the scope of the invention will be indicated in the claims. In a bizarre blockchain era twist, Ripple is accused of being as centrally controlled as SWIFT itself. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. He argued that by not limiting a technology to work only with XRP, Ripple's native digital asset, more people would be attracted to the technology and benefit from improved user experiences. With Ripple's value at $4.7 billion (and XRP's market cap at $13 billion), Schwartz's net worth is estimated to be about $90 million. The computer system of claim 46, wherein each computer means within the computer system is substantially similar in construction. The computer system of claim 46, wherein each computer means within the lower level computer means is coupled to at least one other computer means within the lower level computer means through two fourth link means whereby the lower level computer means forms a ring of computer means. 6. Is it durable? Banks interest in Ripple coincided with the general excitement bubbling up around bitcoin in 2016 and 2017. availability) is reported of lower level computers. The method of claim 63, further including processing different portions of the task at the same time. 55. Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. 57. The method of claim 28, further including transferring portions of the task along the first link means bidirectionally. communication) between computers is present in a distributed computer system except in regard to sharing the same hard disk drive and/or printer. The computer system of claim 1, wherein the number of first link means is greater than the number of second link means. There are detractors inside the cryptoversewho doubt that Ripple's technology is what the company says it is decentralized and not controlled by a single authority. F or a company on a mission to become the connective tissue. 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. Each user would be provided with a personal computer which would be coupled to one of the levels of the system. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. 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. 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. Similarly, different portions of any additional task are processed at the same time by different computers. The computer system of claim 37, wherein the number of first link means is greater than the number of second link means. The XRP Ledger is today one of the most used blockchain networks in real-life payment applications due to its On-Demand Liquidity (ODL), which allows enterprises to use XRP as a bridge currency for faster international transactions at a low cost. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. Its a gateway, a barrier, and obstacle. 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. David is one of the original architects of the XRP Ledger. If information is to be sent between any two computers, the computer which is sending information must wait for the token ring to arrive. 1, a prior art cluster computer system 10 includes between three to six, In operation, once one portion of a task is solved by one, The token ring scheme is based on collision avoidance. 2, the number of computers shown (i.e. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. 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). 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. 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. If its the best solution, use it. 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 task at the same time. 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 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. In a tweet written last week, Schwartz revealed he owned more . EFFECTIVE: JUNE 8, 1989, GERMANY, Assignors: DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH, Arrangements for program control, e.g. Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. 37. 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. It didnt take long for banks to see the potential in what Ripple was creating. Those portions unprocessed on the lowest level are distributed for processing on the next lowest level. 48. 39. 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. The answer is that inefficiency and laziness has made them a lot of money.. 13. DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., E, Free format text: In early 2011 Schwartz was looking for something new. US5025369A - Computer system - Google Patents Abstract A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. . 10. In 1990 he received a degree in electrical engineering from the University of Houston. PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. Once. 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. However the SWIFT network is far from efficient. b 1 through b 10. 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. computer 900) which will retain the unprocessed portions of the task until an available computer is found based on the status signals received by, Under this alternative embodiment, the operation of, If a computer on level III is available to process a 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 a portion of the task which, The operating system for each computer within. The method of claim 63, further including processing different portions of the additional task at the same time. Accordingly, it is desirable to provide a distributed computer system which performs distributed processing by passing portions rather than the entire task between computers. Ripple's CTO David Schwartz shared his opinion on the potential advantages of embracing blockchain-agnostic solutions. 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. 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. 29. ;ASSIGNOR:SCHWARTZ, DAVID J.;REEL/FRAME:004938/0770, Owner name: 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. 38. 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). Related Topics Ripple Crypto comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. 53. Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. 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.
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