And then, probably a month and a half later, we reached the point where I proved to him that yes, this would work, it would be possible, but we didnt know what it would be good for. In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. All Activity; Home ; XRP ; General Discussion ; my conversation with David Schwartz, aka Joel Katz david_joelkatz_schwartz. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. And he asked me if I wanted to use my real name and I said no. David: I think the proudest achievement has to be the team that weve built here. 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. Meawhile he was getting interested in cryptography. I need a smoke! And the company holds something like on the order of 65 billion XRP. Technical challenges for XRP. Next is all credit to @XRPL424R on Twitter who elicited this exchange: If you were Satoshi, would you tell us?. Theyre just a way of determining unique nodes. DUH! David "JoelKatz" Schwartz @JoelKatz You are in our prayers, Our deepest sympathy to you all., Jessica Dennis (Shiras Mom) lit a candle, Ha-makom y a-hem et-hem 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. Running a validator is almost literally just flipping a switch, you just literally tell your server I want to be a validator. . You need to let people know you exist. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at You just choose the ones that you think are independent. Dasi Krupnik (Brooklyn, New York) & Dovid Fohrman (Brooklyn, Select one>) #237 Its hard to say how far well get in five years, though. Hope you have as much fun watching it as we had making it. So David never really got a full vacation, which is great that we decentralized David. David Schwartz Chief Technology Officer. SWIFT handles approximately 25 million such messages per day, and the result is an estimated $6.74 trillion in transfers. Interestingly Ripple was started in 2012 and if Im not mistaken they started to work on the XRPL code in 2011. 5. I have almost the entire skill set needed to have been Satoshi. While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. HAL1000 Not just because he is working on Ripple, but because he is able to comprehend things in a way most people are not. Unfortunately, its not my real name, so I obviously had to reveal my real identity as I became more serious. Youd imagine that would be somewhat of a challenging thing to do. Judd Legum @JuddLegum. 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. Exhibit B Jed then co-founds Ripple, creates XRP. 59. David "JoelKatz" Schwartz @JoelKatz 3 years. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. He is survived by : his wife Hilary; his children, Marissa, Zev and Dara; his mother Amelia; and his siblings, Heather Levy (Graham), Dan Katz (Nicole) and Liora Budai (Aaron). 26 Its kind of hard to understand what his motivation is. And I needed a more serious name, but I didnt want just to reveal my identity, so I went through a sort of gradual rebranding. David Joel Schwartz, 54 Lives in Houston, TX. Decentralized cryptocurrency blockchain daemon implementing the Ripple Consensus Ledger in C++, C++ Next one is from Shazad. Kimberly Avelin. Someone else? He helped me turn my asthma around, and I But to truly decentralize the system, Schwartz is urging others to build on the XRP blockchain the way ethereum has. @LoveForCrypto17 and others covered the tweet.https://t.co/ySJHXhXMti. New CTO David Schwartz at Ripple's San Francisco headquarters in June. This was a fun video we shot at Swell 2019. Photographs and videos show in the same page! 7, A site to provide non-judgmental guidance on choosing a license for your open source project, Ruby 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. Its actually a very compelling story if youve never heard it Ill copy the original article down below. It could have been one person, but that seems somewhat unlikely to me.. 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. Were trying to expand all over the place. Maximum 100 characters, markdown supported. 32. We havent really reached out to developers as much as we could. Maybe we will never find out the real truth. He also stays on point.he is proud of "his baby" and wants to protect it from any FUD. Perhaps it was a team of people? "Me too, let's go get a drink." Join Facebook to connect with Joel Katz and others you may know. That got me into the bitcoin community.. Then you have David Schwartz and all Im going to say about David is hes ex-CIA. Its been awesome working with you. Of Counsel at Wachtell, Lipton, Rosen & Katz Bronx, New York, United States. David: Its been a pleasure working with you as well, and its been great to be here. Impeccable timing! Just the recognition that weve been getting from the community and the success that we have and the amazing team that weve built. It was like inventing a new material. Dr. He was particularly troubled by the centralized control of money. And I would like to see more active participation. Joel Katz is on Facebook. Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. Validators are very inexpensive to run, conceptually, if youre running Ripple D, which is just like running a Bitcoin full node. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. 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. Had he gone with aggressive treatment options earlier, he might have survived a catastrophic event. Similar situations clearly apply to companies such as AirBNB and Amazon. While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. There are 48 other people named Schwartz Katz Joel David on AllPeople. A person can manipulate the news for their own advantage. So, I would love to see a broadening of the stakeholders. And for everyone who missed the original article, I will copy it here below. And after that time, the XRP releases. McCaleb and Schwartz joined forces and soon brought on another programmer, Arthur Britto, to help Schwartz finish XRP's technical architecture. There is no photo or video of Joel Katz.Be the first to share a memory to pay tribute. In 2001 he landed at a company in Santa Clara, California, called WebMaster Inc., where he helped design an early cloud-based storage system. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. Hahahahahaha. 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. Were trying to create more XRP liquidity. He was always kind, personable and professional. We have lost a true gem. (1 page) You can tell the brilliance of his mind, he is having a blast teasing the idea that he could very well be Satoshi, before claiming he isnt. 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. David Schwartz reportedly filed a patent for a DLT type technology back in 1988. Perri Malul (Holon, Israel) & David Katz (Tzfat, Israel) #241. FTX Confirms $9 Billion in Customer Funds Vanished. He can perform a denial of service attack by simply refusing to reach an agreement. So, I guess I can kind of throw that question back and say, what do you think we should be doing? Most of you probably have no idea what that is. What if it all leads back to Ripple and David Schwartz? Yaakov Abayev Schneur Zalman Aber, 82, Brooklyn, N.Y. Henri (Machlouf) Abergel, Paris , France Michel Abikzer, Morocco: Singer in Kinor David Maroc . Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. to such a noble profession. I wrote an article about all the reasons why a whole lot of people think @JoelKatz (David Schwartz) could very well be Satoshi Nakamoto. How tall is a penguin?!" And for that, we just want to say thank you and happy anniversary. I mean, you dont know. Oh man, he is having an absolute blast with these replies! Its from XRPtips. So, one is founders that have a direct stake in cryptocurrencies. Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. In 1990 he received a degree in electrical engineering from the University of Houston. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. We may receive compensation from affiliate partners and advertisers. Ackerman, David Paul Akerman LLP West Palm . 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. Asheesh: And to that note, I mean, the early days of Ripple we would send a satellite phone with David [when I was on vacation] so we could call him 24/7. Looking for Joel Katz online? And I think the other one is whether having a sort of Jesus at the center of your project, a sort of messiah, a nice dictator, whether thats a good thing and what kind of threats that that carries. 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. 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. Ripple CTO David Schwartz, aka JoelKatz, recently had a heated exchange with Craig Wright on Twitter. And he thought, well, hell take that and kind of humanize it into Stimpson J. Katz, K-A-T-Z. . A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media You dont think the government would use the same wallet each time, do you? The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. Which projects youll spend your day to day on in 2018.