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david schwartz ripple patent

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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 the newest episode of Block Stars, Ripple CTO David Schwartz sits down with John Kraski, Director of Strategic Partnerships at NFT Thought Leaders. 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. Probably plenty of videos on Youtube that will explain it in very simple . In 2001, David started . 24. 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. The endgame is just money moving invisibly, as easily as information.. 41. Computers on the higher level are used as a last resort for processing when one or more portions of the task cannot be distributed for processing to computers connected through the A, B and D. The A and B links are used to shorten the path along which a portion of a task is to be distributed. network). Company, Inc., St. Petersburg, Fla., under the registered trademark ETHERNET; FIG. The C link is usually the only link along which the status (i.e. 57. 6 in terms of a flow chart. A task. The function of a doorknob is to control the movement between two spaces. control units using stored programs, i.e. . 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. 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. 28. The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. of the central processing unit [CPU] to service a request the resource being a machine, e.g. ;ASSIGNOR:SCHWARTZ, DAVID J.;REEL/FRAME:004938/0770, Owner name: He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. 51. And then, once you have all those properties, is there some use case for that?. It didnt take long for banks to see the potential in what Ripple was creating. David Schwartz Distributed Computer Network Patents 20 You dont need our permission, and we cant stop you, Schwartz says. 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. Well, Ripple, powered by David Schwartz's technological genius, is on a mission to lead international money transfers into a happy (and much faster) future. 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 " . 35. 1 is a block diagram of a cluster computer system; FIG. Check out his full Patent HERE Related Topics Ripple Crypto comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. 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. David Schwartz Enterprises Jan 1988 - Jan 19913 years 1 month Invented a hierarchical system for distributing workloads over multiple computers. 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. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. 8. 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 . 4. In early 2011 Schwartz was looking for something new. In 1992, Schwartz and his father, a doctor of internal medicine, cofounded a medical technology company that developed a noninvasive device for recording data about heart murmurs. But Schwartz, who just returned from a tour of Europes banks, faces many obstacles. Ripple Labs CTO David Schwartz says those with life-changing amounts of crypto should think about selling some. 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. The number of first links coupled to at least one computer of the high level computer means and the number of second links coupled to one of the at least two computers of the 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. 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. 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 ETHERNET computer system). 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. 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 method of claim 28, further including transferring portions of the task along the second link means unidirectionally. 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 method of claim 28, 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. The blockchain specialist's Chief Technology Officer David Schwartz turned to Twitter to celebrate: "This is awesome news. A task inputted to the system is divided into a plurality of portions. Importantly, while only permissioned institutions can use Ripples products, xRapid is designed to make it easier for banks to use the XRP cryptocurrency, which anyone can buy, and the XRP platform on which anyone can build. Despite the fact that none of Ripples early banking partners were using XRP cryptocurrency, its penny stock price, coupled with confusion over its actual relationship to Ripple, caused XRP to soar on crypto exchanges to a peak of $3.65 in January 2018, up from $.006 only a year before. Remaining unprocessed portions of the task are distributed to available computers on successively higher levels of the system until all of the task have been distributed for processing. Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. 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 Crypto Basic is not responsible for any financial losses. One of the leading architects of the XRP ledger and current Ripple CTO David Schwartz spoke on Nik Bougalis's stepping down from his role as a director of engineering at the blockchain firm. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings.

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