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Ripple CTO David Schwartz, aka JoelKatz, recently had a heated exchange with Craig Wright on Twitter. There wouldnt be this amazing company that we have today if it wasnt for all the early work that David gave us. 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. His body was weaker and less prepared when unpredicted health events struck. Asheesh: Excellent. Nodes that we believe are unlikely to collude. Do these prices seem just a bit high to you? My condolences go out to his staff, friends, and family., I am so sad to hear about the passing of Dr. Katz & wish to extend my Deepest Sympathy to his family. A list of tweets where David "JoelKatz" Schwartz was sent as @DcentralCon. And we all love and trust the CIA, right? If not, why do I want to trick or force people to get a substandard outcome?. Former Director of Software Development at Webmaster. Working for the Government? J Patient Saf. Shooting a hilarious video with Agent Bendix. Running a validator is almost literally just flipping a switch, you just literally tell your server I want to be a validator. 2. And for that, we just want to say thank you and happy anniversary. A man runs into a bar, demands a double whiskey and gulps it down immediately. Validators are very inexpensive to run, conceptually, if youre running Ripple D, which is just like running a Bitcoin full node. 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. Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! I guess Ill make a little plug for our recruiting. Let's 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. (@JoelKatz) December 7, 2021. Hope you have as much fun watching it as we had making it. 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. As far as with XRP and the ledger itself, weve built in a lot of features like payment channels and escrow. And he asked me if I wanted an account and I said yes. Oh man, he is having an absolute blast with these replies! I think you need tooling. Ackerman, David Paul Akerman LLP West Palm . Stuart Alderoty Over a dozen cuneiform tablets from Ur record the failed business dealings of Ea-Nasir. Sending my deepest condolences and prayers to his wife and entire family. That's 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. Everything they say they have to kind of think about how it might be viewed. 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. Roberta (Bobby) Berwin, z"l, passed away on Feb. 24, 2023, at the age of 79 in . RT/fav! Read more. I think we definitely realize that now. And yes, I confirmed myself its not a Photoshop, that is literally the jacket @JoelKatz is wearing in his most recent Twitter profile pic: Just a HUGE coincidence that his jacket just happens to have the same logo of the ship from the Cartoon Bear? It is often claimed that censorship resistance is one of the key properties that decentralized, blockchain systems can provide at a level not possible with previous technologies. He was so caring, just a beautiful person who left this world way too early. We have order books and all these additional features that weve built and I would love to see more projects using that, more development on the XRP Ledger. Censorship and Censorship Resistance. Jed skates and rakes in millions if not billions in his XRP sales. David: Oh 2018. We havent really reached out to developers as much as we could. He can perform a denial of service attack by simply refusing to reach an agreement. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. It could be companies like Ripple. We did one just a few days ago with CEO Brad Garlinghouse, and well be doing these live streams and other community events going forward. He was particularly troubled by the centralized control of money. We have placed cookies on your device to help make this website better. Obviously, I would love to see Interledger which is Ripples protocol for atomic cross-ledger payments being used with XRP as sort of the heart of it, as the way that payments settle. E-mail Me. 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. Could one of the architects of XRP be the fabled Satoshi Nakamoto? 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. Unfortunately, Joel Katz passed away at the age of 76, the date of death was 03/02/2011. We start with Jed McCaleb, a guy who constantly seems to skirt any liability or responsibility of any kind, with seemingly no valid reason why. San Francisco, California. Russia Puts Together Mining Mutual Fund Solana Promises New Upgrades To Solve Issues Apple Standing In The Way Of Uniswap Wallet. That got me into the bitcoin community.. Next one is from Shazad. So, give us suggestions, please. Perhaps it could be David? David Schwartz. And right before this, David and I were actually just jotting down some ideas on some developer ideas, so, yeah, shoot them our way. Reputation Score: 2.34 - 4.05. Hilary and family wishing you all a Long Life In 1990 he received a degree in electrical engineering from the University of Houston. In order to reach the offices, one must first pass through a grand archway that resembles something from Italys Medici era. It sounds silly, but to me it might as well have been magic.. Liste desDavid "JoelKatz" Schwartz a t envoy tweet du @Affichage dans la page aussi des photos et des vidos! Let's hope all the XRP haters are on Quora, but I'm doubtful bout that. We are thinking of you during this difficult time. Dr. It's certainly plausible that I was part of a group. @JoelKatz. Joel Katz, the founding chairman of Greenberg Traurig's global entertainment and media practice and the founding shareholder of the firm's Atlanta office, is at the center of sexual harassment . The endgame is just money moving invisibly, as easily as information.. David is related to Yoiel C Schwartz and Surie Schwartz as well as 3 additional people. 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. Crypto trader Shuoji Zhou runs FBG Capital, Asia's hottest cryptocurrency hedge fund. 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. According to the Atlanta Journal Constitution, Greenberg . Not just because he is working on Ripple, but because he is able to comprehend things in a way most people are not. Of Counsel at Wachtell, Lipton, Rosen & Katz Bronx, New York, United States. 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. I took all of my responsibilities and I handed them off to teams. Is it really light? 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. They have also lived in Camden, NJ and Simpsonville, SC. Perhaps it was a team of people? 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. Copyright 2023 Echovita Inc. All rights reserved. Hmmm.so most in crypto despise XRP, would knowing that David Schwartz (@JoelKatz) created it cause people to flip out? Someone else? On either side are the offices of Bank of America and U.S. Trust. Contact info: [email protected] Find more info on AllPeople about Schwartz Katz Joel David and David Schwartz, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. Well, thats not entirely accuratehe didnt say it so much as shout it like he does everything, but still the point remains. Yes sure but it's not up to ripple is is it. I think a lot of people, particularly with Bitcoin having some paralysis in its transaction fees and its transaction rates, I think a lot of people have looked at XRP for some of the same things that they would have used Bitcoin for, say a year ago. Like a lot of banks, we have to place different bets in different areas, says Santander managing director John Whelan. 294. Meawhile he was getting interested in cryptography. Prevent this user from interacting with your repositories and sending you notifications. 4. Joel Katz is on Facebook. John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. In 2014, McCaleb became disgruntled and departed, forking, or copying, XRPs code to start rival venture Stellar. In high school he was the prototypical nerd: Sports werent his thing, but chess was. Ripple, The Movie: Underdog vs. Not a lot of major features. And we have had a hard time doing that, but we have definitely refocused on it recently, and were looking for new ways to improve on that. Eventually leaves the company with billions of XRP that for some reason he is allowed to sell for many years, including the years following the SEC lawsuit. And what is the next technical problem for XRP? DaddyCrypto. You just choose the ones that you think are independent. The adoption of Ripple products has been modest so far. Devraj Varadhan SVP of Engineering. Saw Dash partnership recently. But I dont think documentation is enough. (1 page) Now, so, next question, from Elliott Smith: Ive been following Ripple since 2011. Ripple was founded in 2012. "The endgame is just money moving invisibly, as easily as information.". rom an early age David Schwartz was obsessed with doorknobs and locks. What I do know is that if it would be proven to be true, it would shock the crypto market! Senior editor covering bitcoin and other blockchain applications. While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. A new bill introduced in the Florida legislature would require bloggers who write about Gov. Just don't get into the habit. Were always recruiting. Ripple's CTO YouTube channel, David Schwartz (or "Joel Katz", as he is known on the internet), was suspended on Wednesday for "impersonation". August 18, 2020. 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. There's a much more offensive version of this joke involving the seven drawfs and the pope. Reach Michael del Castillo at [email protected]. Impeccable timing! A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media I get trying to learn from everything that goes wrong, but honestly, I think this can be taken a bit too far. But heres where the story gets really good. 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. Ironically, Schwartz, Ripples most zealous ambassador, opted for a salary and a 2% stake in Ripple, instead of the XRP cryptocurrency he helped create. Maybe we will never find out the real truth. (xrp). Username. It's easy! By Jem Aswad. 26 Thanks @JoelKatz for your continued support of the XRP community! David Schwartz reportedly filed a patent for a DLT type technology back in 1988. Mazel Tov to a couple that wishes to remain anonymous #240. AKA: David J Schwartz. Do you need encouragement? He was a great friend, doctor. @LoveForCrypto17 and others covered the tweet.https://t.co/ySJHXhXMti. Hopefully, awesome working with you for the next five years as well. Eric Van Miltenburg Chief Business Officer. the second replies. McAfee Tweet: Satoshi is and always has been the only person it could ever be David Schwartz pic.twitter.com/MJwZVAvOwz, Spiritual Warlord (@truthcrumbs) June 24, 2021, And heres where it starts to get REALLY interesting. 589 followers 500 . Consensus works by validators. 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. Also, I want to thank you, David, for all that youve taught me about decentralization and cryptography. Theyre just a way of determining unique nodes. I think you need to reach out. Schwartz naturally went straight to Twitter: Cause and Consequence: The Ripple Process The events are also strangely aligned with a recent case between Ripple and Youtube. RT / fav t tweeter significative parce sont affichs bien en vidence! It could have been one person, but that seems somewhat unlikely to me.. 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. Decentralized cryptocurrency blockchain daemon implementing the Ripple Consensus Ledger in C++, C++ If its the best solution, use it. 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. Sharing in your sorrow. He was our allergist for many years till we relocated to Florida in 2019. And remember when Dan Pena said if you knew who was behind Bitcoin, you would RUN!? Views. But, nevertheless, it's not true. 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. Asheesh: Alright, so that was it for the warm-up. While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. Someone else? A Ripple Manager Created a Decentralized Computer In the 1980s Even Before Bitcoin was Developed. Amazing research done by Anders_L, which is all documented and all factual. Three old pilots are at the airport passing time. 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. Photographs and videos show in the same page! 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. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. asks the bartender. Along the way, Schwartz developed an online persona, JoelKatz (the name was inspired by Stimpson J. Heres more from our late friend John McAfee on the topic. 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. But it also ensures that Ripple has an incentive to promote the stability of the network and the utility over the long term. Started August 30, 2021, By I am so devastated. And he cant steal funds that way, but he can halt the network. I just ran over a nun." We posted this Tweet earlier this morning, Can you imagine the heads that would explode if this ends up being true? Incentives are really well aligned at Ripple because XRP is the major asset that Ripple holds and a lot of Ripples value comes from its XRP, so Ripples XRP incentives are nicely aligned. Its a server to server kind of protocol, kind of like TCP is and so you dont have a centralized ledger that limits scalability. "Dunno. He helped me with my extreme asthma and allergies. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. Learn more about reporting abuse. David Schwartz Enterprises. These are all coincidences that makes you wonder. I'm saving it for an emergency. CTO at Ripple; one of the original architects of the XRP ledger. So David never really got a full vacation, which is great that we decentralized David. Were trying to create more XRP liquidity. So I told him to just make something up because he kind of put me on the spot, like what name should I use. Facebook gives people the power to share and makes the world more open and connected. Here are a few favorites, first from @JREDBOKIE: Many like @ManaMaorixx suspected if he isnt Satoshi himself, he must know who Satoshi is: Others took it even further suggesting not only does Schwartz know Satoshi, but that its the never-before-seen, enigmatic Arthur Britto: Arthur Britto is certainly worthy of a whole series of articles himself sometime soon. But Schwartz, who just returned from a tour of Europes banks, faces many obstacles. The original creators of the XRP Ledger gifted their XRP to the company. ROBERTA (BOBBY) BERWIN. . 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. Absolutely! And that is David. And its not good for that person because it just puts a target right on them It makes it difficult for them to talk. We extend our deepest condolences to his wife, children and family . The man's house was filled with clay tablets containing complaints from his victims. Seeing something unexpected? @LoveForCrypto17 and others covered the tweet.https://t.co/ySJHXhXMti. 4. And in that case, if the set of validators was small enough, he could launch a denial of services to keep the network from making forward progress. What are you most proud of amongst the past five years of achievements? (oh my goodness, that hurt my voice just typing it!). By. You dont want a project this big to be reliant on a single human being. He has won the Academy Award, Tony Award, Golden Globe Award, and BAFTA. Join Facebook to connect with Joel Katz and others you may know.