In a bizarre blockchain era twist, Ripple is accused of being as centrally controlled as SWIFT itself. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: On Oct. 21, veteran cryptographer Nik Bougalis said that he was parting ways with Ripple. By requiring that the complete task be transferred from one computer to another, a state of distributed processing is created. Lets say you want to transfer $5,000 from your account at JPMorgan Chase to your cousin in La Paz, Bolivia. SWIFT has had the monopoly for so long, says Mercury CEO Alastair Constance, Why havent they been passing down the cost and time-saving? CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, Free format text: A multilevel computer system including high level computing means and low level computing 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 said 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 the 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. 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. the ETHERNET computer system). The method of claim 63, wherein arrangement of the network includes providing that each computer within the system is of similar construction. FIG. Ripple's CTO invented distributed computer system 20 years Ripple's CTO invented distributed computer system 20 years Almost 30 years ago on August 25, 1988, Schwartz filed a patent for a "multilevel distributed computer system" that would "preferably" run on " . 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. thexrpdaily. EFFECTIVE: JUNE 8, 1989, GERMANY, Assignors: DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH, Arrangements for program control, e.g. 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. 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. To this day Schwartz is not listed as a cofounder of Ripple, despite being employee number two and its chief architect. 18. 6 is an expanded distributed computer system in accordance with the invention; FIG. Rather, the complete task including the entire file is transferred between computers to sequentially process portions of the task. 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. The communications link means has first links and second links. David is one of the original architects of the XRP Ledger. 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. David Schwartz, Ripple's Chief Technology Officer (CTO), has confirmed that the majority of the company's revenue comes from selling its XRP holdings. 63. 55. Ripple Patents VOL. The C link is usually the only link along which the status (i.e. The debate centers around trust. The computer system of claim 46, wherein the number of third link means is greater than the number of fourth link means. 31. Intercomputer communication control apparatus and method. The answer is that inefficiency and laziness has made them a lot of money.. 1 is a block diagram of a cluster computer system; FIG. Ripple has upgraded its XRP Ledger with the Negative UNL amendment, which provides resilience for the network when multiple validators are offline. But long before Nakamoto published his seminal. The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. Ripple isnt the only blockchain startup that is after SWIFT. As of June 2018, some 180 banks were using this encrypted, non-blockchain alternative to transfer about $100 billion in cross-border payments per day. The primary objective of this study is to evaluate the effects of acetyl-L-carnitine (ALCAR), 3 g daily, and matched placebo on alcohol cue-elicited alcohol craving during a human laboratory paradigm after 4 weeks of daily dosing among participants ages 14-20 with alcohol use disorder (AUD) as confirmed by the Diagnostic and Statistical Manual of Mental Disorders - Fifth Edition (DSM-5) and . The endgame is just money moving invisibly, as easily as information.. Check out his full Patent HERE 40. 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. David Schwartz, the CTO of Ripple, has offered valuable insights into the operational methods of Linqto, a fintech firm specializing in investment services.Specifically, Schwartz's commentary sheds light on the approach that Linqto employs to facilitate investments in companies like PolySign, for which he serves as a board member. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. The computer system of claim 37, 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. ;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. The function of a doorknob is to control the movement between two spaces. 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). 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. Marshall Huebner is considered an expert in risk management bankruptcy advisory work. Senior editor covering bitcoin and other blockchain applications. Preferably, the distributed computer system should include a plurality of personal computers operable for performing distributed processing to avoid the need for a mainframe. David Schwartz is Chief Cryptographer at Ripple. 57. A distributed computer system is a network of computers each of which function independently of but in a cooperative manner with each other. 53. Such communications links significantly add to the required interconnections between the computers and their associated cost. 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. 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. Larsen quickly set out to recruit hundreds of global banks to test early versions of Ripples technology. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. 58. It will thus be seen that the objects set forth above, and those made apparent from the preceding description, are efficiently attained and, since certain changes may be made in the above method and construction set forth without departing from the spirit and scope of the invention, it is intended that all matter contained in the above description and shown in the accompanying drawings shall be interpreted as illustrative and not in a limiting sense. 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. David is one of the original architects of the XRP Ledger. All the transactions recorded on the XRP blockchain are confirmed using a consensus system comprising groups of validators that analyze the network's transactions. A task inputted to the system is divided into a plurality of portions. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. XRP was made to become the greatest asset ever created. six computers) is to be understood as merely exemplary. 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 method of claim 63, further including transferring portions of the task along the first link means bidirectionally. The method of claim 28, further including transferring portions of the task along the first link means bidirectionally. 22. 3 is a block diagram of a computer system marketed by T.S.M. 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. PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362. 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. 6 in terms of a flow chart. . 61. Around this time Schwartz met Jed McCaleb, the founder of the Mt Gox bitcoin exchange and an early Napster competitor called eDonkey 2000. The adoption of Ripple products has been modest so far. 34. However the SWIFT network is far from efficient. The computer system of claim 23, wherein each computer within the computer system is a personal type computer. 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. Generally, no more than about six computers can be used in the system resulting in a state of limited distributed processing. The process took seven years and was estimated to cost $400 million. 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 first links couple at least one computer of the high level computer means to at least two computers of the low level computer means. 16. Like a lot of banks, we have to place different bets in different areas, says Santander managing director John Whelan. 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. 60. 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. 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. control units, Arrangements for program control, e.g. Charles Schwartz has filed for patents to protect the following inventions. Owner name: 26. Along the way, Schwartz developed an online persona, JoelKatz (the name was inspired by Stimpson J. By the end of the conversation, the two had decided to see if they could build a financial infrastructure similar to bitcoin that would use far less energy and drastically reduce transaction time.
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