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. 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. . 32. By requiring that the complete task be transferred from one computer to another, a state of distributed processing is created. 69. 64. six computers) is to be understood as merely exemplary. chwartzs background mirrors that of many of todays technologists. The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. Ripple's CTO David Schwartz shared his opinion on the potential advantages of embracing blockchain-agnostic solutions. 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 computer system of claim 37, wherein the number of first link means is greater than the number of second link means. But one where the settlement, the actual movement of money, the actual plumbing underneath the surface, would be a decentralized, open network, Schwartz says. If a task is inputted to a computer which is presently unavailable to perform the task, the task is not automatically shifted to an available computer on the system since there is no continuous interaction between computers. The function of a doorknob is to control the movement between two spaces. Owner name: His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. 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. The computer system of claim 46, wherein the number of third link means is greater than the number of fourth link means. The computer system of claim 23, wherein each computer within the computer system is a personal type computer. Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. 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 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. 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. 26. 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. The computer system of claim 8, wherein said lower level computer means includes at least three computers and wherein said communications link means includes third link means and fourth link means, said third link means coupling said at least two computers of said low level computer means to said at least three computers of said lower level computer means, said fourth link means coupling said at least three computers of said lower level computer means together wherein the number of third link means and the number of fourth link means coupled to one of the computers on the lower level computer means are unequal. In a bizarre blockchain era twist, Ripple is accused of being as centrally controlled as SWIFT itself. The computer system of claim 19, 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. Preferably, the A and B links connect all computers on the same level together to form a ring of computers (i.e. 58. 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. 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. 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 computer system of claim 44, wherein said high level computer means is further operable for receiving from said one of at least two computer means of said low level computer means portions of the undistributed unprocessed further additional task and for distributing for processing, if available, those portions of the undistributed unprocessed further additional task to the other of said at least two computer means and, if available, processing those portions of the undistributed unprocessed further additional task which are not distributed to said other of said at least two computer means. The method of claim 28, further including transferring portions of the task along the second link means unidirectionally. 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. The C link of each computer 100 is used to communicate/transfer information to or receive information from another computer 100 which is on a higher level of the system. 40. 24. 35. 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. The method of claim 28, further including transferring portions of the task along the first link means bidirectionally. We dont know is the official response from a company spokesperson. Schwartz exposes how many XRP he owns and what his relationship to Bitcoin and Ethereum looks like. The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. The company has recruited hundreds of the worlds largest financial institutionsfrom UBS and BBVA to American Express and the Bank of Indonesiato test Ripples new tools designed to modernize the way they move money. 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). 53. 46. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. Additional levels of computers can be added to the system to further distribute the processing of portions of a task and additional task. 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 " . But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. 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. 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. 48. 16. Once. The adoption of Ripple products has been modest so far. Most large banks are forced to maintain local currency accounts around the world for use during money transfers. 6 in terms of a flow chart. 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. network). The method of claim 28, further including transferring portions of the task along the second link means bidirectionally. A method of distributed processing within a network of computers, comprising: arranging the network as a multilevel system including at least one high level computer and at least two low level computers; 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 links associated with each low level computer are unequal; distributing one or more portions of a task to be processed by low level computers along the communications links based on the availability of the low level computers to process said 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 the currently available low lever computers; and, processing all undistributed portions of the task by the at least one high level computer; and. A multilevel computer system including high level computer means and low level computer means, comprising: communications link means for transferring the 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 a task, for distributing portions of the task to said low level computer means for processing of said portions based on the availability of the low level computer means to process one or more portions of the task, said availability being previously communicated to said high level computer means from said low level computer means along first link means of communication link means and for processing, if currently available, all undistributed portions of the task; said high level computer means also operable for receiving from said 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 based on the availability of the other 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 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 means 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 and operable for transferring the portions of the task and additional task bidirectionally, 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 associated with each computer means 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 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 computers. Related Topics Ripple Crypto comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. 29. 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. Check out his full Patent HERE Around this time Schwartz met Jed McCaleb, the founder of the Mt Gox bitcoin exchange and an early Napster competitor called eDonkey 2000. 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. 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. XRP was made to become the greatest asset ever created. r/Ripple The Ripple CBDC team will be collaborating with the Central Bank of Montenegro CBCG on a pilot project to create a CBDC or . The process took seven years and was estimated to cost $400 million. 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. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: The method of claim 63, further including transferring portions of the task along the first link means bidirectionally. The Ripple CTO's comments about Bitcoin and XRP came during a Zoom call with TechRadar Pro a few days ago. The multilevel computer system is particularly well suited for use in an office, corporation or the like wherein a hierarchy of personnel exists. 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 37, wherein each computer means within the computer system is substantially similar in construction. The computer system of claim 9, wherein each computer within the computer system is substantially similar in construction. Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. ;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. In order to reach the offices, one must first pass through a grand archway that resembles something from Italys Medici era. If its the best solution, use it. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. Meawhile he was getting interested in cryptography. On Oct. 21, veteran cryptographer Nik Bougalis said that he was parting ways with Ripple. The method of claim 63, wherein arrangement of the network includes providing that each computer within the system is of similar construction. 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. 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. 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. 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. For a fuller understanding of the invention, reference is had to the following description taken in conjunction with the accompanying drawings, in which: FIG. The computer system of claim 1, wherein each computer within the computer system is substantially similar in construction. 36. The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task unidirectionally. The bitcoin network came into existence with the mining of the genesis block of bitcoin on 2009-01-03. 9. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. Information can not be transferred from one computer to another unless the computer which is transmitting the information has a "token ring". control units using stored programs, i.e. 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.
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