I think we have the features set for most of what were trying to do but theres certainly the ability to add features for other use cases. David: Well that dates back to my high school days. Started January 24, 2019, By https://www.quora.com/If-a-large-amount-of-banks-were-to-adopt-xrapid-and-started-using-xrp-how-would-that-impact-the-tokens-value, We're trying as hard as we can, and we've had some success. McCaleb and Schwartz joined forces and soon brought on another programmer, Arthur Britto, to help Schwartz finish XRP's technical architecture. Those kinds of areas we still do have a lot of technical execution to complete, particularly with what were doing with liquidity, bridging live payments and those areas are the areas where there is a lot of technical focus. This would shake the crypto market to its core if proven to be true.https://t.co/Almqf91KyN, Anders L (@X__Anderson) April 20, 2019, 1. I have almost the entire skill set needed to have been Satoshi. Chris Larsen, Ripples executive chairman, adds: Hes, if not the soul, hes a key part of the soul of what were trying to do here.. But one where the settlement, the actual movement of money, the actual plumbing underneath the surface, would be a decentralized, open network, Schwartz says. Dr. Joel H. Schwartz is an oncologist in Danvers, Massachusetts and is affiliated with multiple hospitals in the area, including Salem Hospital and Massachusetts General Hospital.He received his . If you want to develop on the XRP Ledger, what do you need from us? Which is great because it means I dont get a call at 3 am on a Saturday, but its also important because something could happen to me. Chase sends a secure message via SWIFTs vast network to the receiving bank in Bolivia. A very interesting theory that has merit and makes a lot of sense. Schwartz, who is one of the original architects of the XRP ledger, believes it is more likely Bitcoins pseudonymous architect was actually a small group of people, rather than a single person. 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. RT/fav! Perri Malul (Holon, Israel) & David Katz (Tzfat, Israel) #241. So for a while, I was Stimpson Joel Katz. Ok, so after going full on fanboy and freaking out a bit, then I had a blast actually reading his messages.yes plural. I just ran over a nun." Maybe we will never find out the real truth. Lets take a look at the information connecting Schwartz to the Nakamoto identity: Digital Asset Investor: John McAfee allegedly tweeted in 2019 that David Schwartz is the secret creator of BTC and quickly deleted Tweet. David: So, Ripple received its stash of XRP when it was founded. 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. But Schwartz, who just returned from a tour of Europes banks, faces many obstacles. Say it with me now: HEYYYYYYYY GUYS! While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. Ripple is hosting a live Q&A with our Chief Cryptographer, David Schwartz. Chris: Im sorry to interrupt, everyone, but on this five-year anniversary, I just wanted to express our awe and our incredible appreciation to David Schwartz. It could have been one person, but that seems somewhat unlikely to me.. 2013 - 2023 Ripple, All Rights Reserved. Lets take a look at the information connecting Schwartz to the Nakamoto identity: Digital Asset Investor: John McAfee allegedly tweeted in 2019 that David Schwartz is the secret creator of BTC and quickly deleted Tweet. They sell the coins periodically and have distributed many to insiders. @RobinHoodl_. On either side are the offices of Bank of America and U.S. Trust. He is survived by : his wife Hilary; his children, Marissa, Zev and Dara; his mother Amelia; and his siblings . 4. 41. More than 550 lots were included in the auction, and Katz's collectibles filled the auction house reflecting his impeccable taste, plus a love of exquisite Lalique and Daum "cats" (aka Katz) and works of art from well-known artists. I knowI thought the same thingbut I just didn't want this to turn into "the household" name speculation. There is definitely a shortage of Ripple developers, and I think the greater attention on Ripple and XRP will help to increase that. But the important thing is anyone who did that attack has to cryptographically sign every single message they send. CTO at Ripple; one of the original architects of the XRP ledger. 4. John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. Stuart Alderoty I was one of his first patients when he set up practice in Las Vegas. to such a noble profession. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks. Shooting a hilarious video with Agent Bendix. Bob Way stated he had a theory that David Schwartz was Satoshi Nakamoto but it was denied by Schwartz.https://t.co/fkLoPIHLQI, Bob Way was one of the first employees at Ripple. He mentions a project completed in 2015, when the European Central Bank launched a new platform for linking 20 central securities depositories (CSDs). Whats the second part of the question? Its just really mind-blowing. But I thought, I dont want this tied back to me, who knows what Im going to say. Sharing in your sorrow. It could be companies like Ripple. Absolutely! Judd Legum @JuddLegum. "Dunno. Now, were going to go deep in decentralization. DUH! According to the Atlanta Journal Constitution, Greenberg . Schwartz went on to help build two financial tools that would become Ripples first core products: xVia, a payment interface designed to let users send payments globally with increased transparency, and xCurrent, enterprise software that lets banks initiate and settle transactions. I refuse to believe that this is the best we can do. JoelKatz has 4 repositories available. So, theres a lot of effort to build up the ability to make that attack and that ability is immediately lost the moment you try to use it. The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. Its hard to say how far well get in five years, though. However the SWIFT network is far from efficient. With love, Jennifer Meyer, So saddened and shocked to hear of Joel's passing. David Schwartz - @joelkatz_ Joel A Katz - @joelakatz. And he asked me if I wanted to use my real name and I said no. And were coming to you live from San Francisco at Ripple HQ. 8. Liste desDavid "JoelKatz" Schwartz a t envoy tweet du @Affichage dans la page aussi des photos et des vidos! Jan 1988 - Jan 19913 years 1 month. (1 page) says the bartender. Without further ado, here it is: Whats your best moment and your most difficult moment?. Heres more from our late friend John McAfee on the topic. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. Were trying to create more XRP liquidity. If its the best solution, use it. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. She does have an itemized list of all the things for which she deserves compensation and how much for each: David: So, I think anyone who uses XRP and the XRP Ledger has a stake in the network. As for the validators, Schwartz claims that only 10 of the 150 currently supporting the network are managed by Ripple. He helped me with my extreme asthma and allergies. The competition has jolted SWIFT into action. 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. And remember when Dan Pena said if you knew who was behind Bitcoin, you would RUN!? Search by Name . We have lost a true gem. I hope I get to meet him some day! The function of a doorknob is to control the movement between two spaces. CelebrityAccess Staff Writers Contact Me Posted on 11 January, 2021, 05:55 PM EST. The only reason you need that is if I have to say 1,000 XRP, I could try to send that same thousand XRP to two different people. Lubin taught us you have to disguise whale purchases! Dr Craig S Wright This was a fun video we shot at Swell 2019. SWIFT handles approximately 25 million such messages per day, and the result is an estimated $6.74 trillion in transfers. By The endgame is just money moving invisibly, as easily as information.. Name. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the National Security Agency (NSA). Dr. @JoelKatz, his Twitter handle, has more than 100,000 followers. All the transactions recorded on the XRP blockchain are confirmed using a consensus system comprising groups of validators that analyze the network's transactions. Cover image by Jamel Toppin for Forbes. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. 5. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. I think its going to be it could be exchanges. And the company holds something like on the order of 65 billion XRP. So, one is founders that have a direct stake in cryptocurrencies. Thats building out a payment network thats complaint that financial institutions and corporations can use. In 2014, McCaleb became disgruntled and departed, forking, or copying, XRPs code to start rival venture Stellar. Ripple isnt the only blockchain startup that is after SWIFT. He also stays on point.he is proud of "his baby" and wants to protect it from any FUD. Theres a lot of the way consensus works is somewhat different from the way proof of work works obviously. Heres more from our late friend John McAfee on the topic. Not financial advice. Most of you probably have no idea what that is. PMID: 35152234; PMCID: PMC9422754. Unfortunately, Joel Katz passed away at the age of 76, the date of death was 03/02/2011. Exchanges have limited what theyve done to just their exchange functionality, but I would like to see them take more of a stakeholder position in the networks. It kind of gets back to what I was saying before about the stakeholders. Monica Long President. Improving Global Settlement With Blockchain Tech CTO at Ripple, One Of The Original Architects Of The XRP Ledger. So, I thought, well the J could stand for something, why not Joel. And after that time, the XRP releases. Asheesh: Alright, we got another deep one for you David, from Ruben. Ron DeSantis, Attorney General Ashley Moody, and other members of the Florida executive cabinet or legislature to register with the state or face fines." . Dr Katz was the most caring doctor and he was always there for us when we needed him .He was not just an excellent doctor but he was also pillar of caring for the Las Vegas community and he always gave 100 % to us as his patients and in all of his endeavors. Do you foresee XRP becoming liquid enough to be an intermediary currency between other coins, the way that BTC Bitcoin is now? The first from our good friend at the Working Money Channel. He was a great friend, doctor. Who knows? A resident of Athens since 1997, he is a member of the Real Property Section of the State Bar of . Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. They are incredibly interesting, lets take a look. But you do want an alignment of incentives between the people who are running a project and the people who are interested in the project, using it, and who put their money in as well. Which projects youll spend your day to day on in 2018. The process took seven years and was estimated to cost $400 million. He was always kind, personable and professional. With heavy hearts, we announce the death of Joel Katz in Las Vegas, Nevada, who passed away on January 12, 2023. interactions with the USPTO to obtain . Eric Van Miltenburg Chief Business Officer. Could one of the architects of XRP be the fabled Satoshi Nakamoto? Connected? Before we get started, we have a special guest, Chris Larsen, Founder of Ripple, that wants to say a few words about David. Joel Spring has published over twenty books on American and global school policies, including Political Agendas for Education: From Make America Great Again to Stronger Together, Sixth Edition (2018), American Education, Eighteenth Edition (2018), Deculturalization and the Struggle for Equality: A Brief History of the Education of Dominated . To this day Schwartz is not listed as a cofounder of Ripple, despite being employee number two and its chief architect. And I used that name for awhile, but then I started to do more serious stuff, and the internet became more of a tool than something that you played with. David: So, thats been a big challenge for us. To date, Ripple has introduced three important products: xVia, xCurrent and the newer xRapid, which aims to address an age-old problem facing international banks. The ledger feature that it uses is called escrow, and its also useful for a sort of secure payment where you lock XRP up to be released to someone when they meet some condition. Bob Way stated he had a theory that David Schwartz was Satoshi Nakamoto but it was denied by Schwartz.https://t.co/fkLoPIHLQI, Bob Way was one of the first employees at Ripple. (1 page) I'm happy to unveil my personal motto for 2023. 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. These are all coincidences that makes you wonder. Meet Abbey and Finn's dog dad, Jeff Katz. 23 Feb 2023 08:30:49 Facebook gives people the power to share and makes the world more open and connected. 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. Join Facebook to connect with Joel Katz and others you may know. Jed skates and rakes in millions if not billions in his XRP sales. Views. May the Holy One,who comforts Israel, Grant you solace in your bereavement. David Schwartz. In light of recent news, I thought it would be an EXCELLENT time to revisit a few Tweets between your truly at ProCoinNews and the one-and-only @JoelKatz (David Schwartz). My thoughts and prayers are with you and your family during this difficult time., Dear Hilary and Katz family Katz was beloved. But the future is never certain. And that provides some level of predictability in the release of the XRP supply. David: As Brad said, we have focused on doing one thing and doing it really well, and that is settling payments. David "JoelKatz" Schwartz @JoelKatz | 422,508 followers. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. But it also ensures that Ripple has an incentive to promote the stability of the network and the utility over the long term. But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. You need a network thats not vulnerable to external threats, that doesnt have centralized control because as you start to get large, as you start to move billions of dollars, theres an incentive for people to attack that infrastructure and to compromise it. Were trying to expand all over the place. 5/11Back in 2009, Satoshi mentioned Ripple in an e-mail: Ripple is interesting in that its the only other system that does something with trust besides concentrate it into a central server, This must have related to Ripplepay, predecessor to Ripplehttps://t.co/ZeRGULhZTo pic.twitter.com/cHTJBIldg6. Could one of the architects of XRP be the fabled Satoshi Nakamoto? Asheesh: Alright, so that was it for the warm-up. Meawhile he was getting interested in cryptography. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. A truly bombshell story broke this week that the U.S. Government has known who Satoshi Nakamoto is all this time. rom an early age David Schwartz was obsessed with doorknobs and locks. Brad Garlinghouse mentioned exploring new use cases for XRP in the future since Ripple has managed to gain solid ground doing one thing well. I get trying to learn from everything that goes wrong, but honestly, I think this can be taken a bit too far. Validators dont get to choose which transactions are valid or not. 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. Those validators, or nodes, are in turn organized into groups that trust each other called UNLs, or unique node lists. While validators get to choose their own UNL, the list assembled by Ripple is the default, creating a possible area of centralization. Running a validator is almost literally just flipping a switch, you just literally tell your server I want to be a validator. 5. 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. But exactly what is censorship resistance? It's easy! . Now serious: great reply, really took his time once again to explain things properly. Consensus works by validators. The debate centers around trust. Banks interest in Ripple coincided with the general excitement bubbling up around bitcoin in 2016 and 2017. And @Kevin_Cage_ suggesting again that Arthur, Jed (another character) and Schwartz definitely know who Satoshi is (if its not Schwartz or Britto): Nice jacket Satos.I mean, David pic.twitter.com/yayaB7TK6x, Optimistic Prime (@hushm0n3y) December 8, 2021. Now let's talk about me.". Jamel Toppin Under Schwartz's technical leadership, Ripple would like to bring global money transfers into the 21st century. And if we can all agree on which transaction comes first, then we should all be able to agree that the other transaction is invalid because there are no funds for it. Would you like to offer Joel Katzs loved ones a condolence message? Alright, so the next one. These are all coincidences that makes you wonder. By the way, it's okay to lust after a nun occasionally. You dont need our permission, and we cant stop you, Schwartz says. But, nevertheless, it's not true. Its a bit like heart surgery, Vandenreydt says. We are very committed as a company to decentralizing the ledger and building things like compliant-payment networks and institutional systems on top of that decentralized ledger. He was so caring, just a beautiful person who left this world way too early. David Schwartz Chief Technology Officer. I didnt have a real reason why. We shared many patients all of whom loved him. pic.twitter.com/C93KM8plND. Oh, one from one of my favorites, TplusZero, one of the only guys that retweets me. I think its more plausible that Satoshi was a small group of people given the wide set of skills displayed and the amount of work done. Questions to mr Schwartz, the IF in if xrp gets used significantly. Ripple is hosting a live Q&A with our Chief Cryptographer, David Schwartz. Let's hope all the XRP haters are on Quora, but I'm doubtful bout that. Thats not all though, according to sources Schwartz also worked for The C.I.A., and there are rumored emails of Nakamoto praising Ripple as early as 2009. And the plan is that when theres leftover XRP at the end of each month, well just lock it back into an escrow, releasing the first month in which there is no escrow. But I think that as long as you have a person who represents the views of the stakeholders, thats a good thing, as long as those people are free to stop following that person. David Schwartz CTO at RIpple and one of the original architects of what is now the XRP Ledger. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. In 2001 he landed at a company in Santa Clara, California, called WebMaster Inc., where he helped design an early cloud-based storage system. Ironically, Schwartz, Ripples most zealous ambassador, opted for a salary and a 2% stake in Ripple, instead of the XRP cryptocurrency he helped create. Weve just acquired a group of people who are just phenomenally talented and who are so aligned with what we are trying to accomplish. I think, David, youre going to love this one, too. (1 page) They just put them in order. Yes sure but it's not up to ripple is is it. So, you dont have scaling issues with RippleNet itself. Dasi Krupnik (Brooklyn, New York) & Dovid Fohrman (Brooklyn, Select one>) #237 The attention on Interledger [Protocol] is helping because Interledger is a good sort of way to get into Ripple without having to interact with the XRP Ledger directly. I've researched it, workshopped it, A/B tested it, and even tested it with focus groups. He guided me and helped gain me a better quality of life.
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