New CTO David Schwartz at Ripple's San Francisco headquarters in June. Asheesh: We call him David at Ripple if anyones wondering. Do these prices seem just a bit high to you? Echovita Inc is a registered trademark. Its actually a very compelling story if youve never heard it Ill copy the original article down below. SUBMIT OBITUARIES TO: editor@jewishportland.org For questions about preparing for end of life, dying, death, and mourning, visit ChevraKavodHaMet.org or email chevrakavodhamet@gmail.com, or contact Michael Rosenberg at the Portland Hevra Kaddisha at michael@cashcoloan.com or 503-519-2454. And, obviously, as the question says, you could then have millions of validators, all of which could be the same person for all that you could tell. He guided me and helped gain me a better quality of life. We do see other use cases for XRP. Join Facebook to connect with Joel Katz and others you may know. 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. 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. Eric123 Take a look at the Leave a sympathy message to the family on the memorial page of Joel Katz to pay them a last tribute. (oh my goodness, that hurt my voice just typing it!). I guess Ill make a little plug for our recruiting. Hmmm.so most in crypto despise XRP, would knowing that David Schwartz (@JoelKatz) created it cause people to flip out? People would actually call other peoples computers to leave messages and share gossip. 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. And that broadening of the stakeholders is just extremely important and as Ive said before that is going to be my main focus for 2018. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. 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. Asheesh: Excellent. Is that a done deal, or completely open question? Heres more from our late friend John McAfee on the topic. Google will tell you he's a "minor antagonist" which is so accurate it's spooky. In high school he was the prototypical nerd: Sports werent his thing, but chess was. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. As far as this idea of sort of having a benevolent dictator at the center, I think its to some extent inevitable. Kiersten Hollars SVP of People, Places, & Communications. And then you could have a malicious attack where that person sort of refuses to order transactions. Btoh shar avey-let tzion vi-rushs-la-yim. Perhaps it was a team of people? 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.. I think in five years we could certainly see that happening on a grand scale. And the company holds something like on the order of 65 billion XRP. Then the XRP community really got involved with a lot of classic responses. @JoelKatz. All people have to do in response is simply remove them from the list of validators that theyre willing to listen to. So I told him to just make something up because he kind of put me on the spot, like what name should I use. You dont want a project this big to be reliant on a single human being. . Improving global settlement with blockchain tech. says the third. It's certainly plausible that I was part of a group. 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. Dr. Katz was loved and will be missed very much. This idea of disintermediating these shadow regulators that are not democratically accountable and are not elected but act as policemen kind of resonated with me. I get trying to learn from everything that goes wrong, but honestly, I think this can be taken a bit too far. 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. says the bartender. View David Schwartz's profile on LinkedIn, the world's largest professional community. Its been the norm for employees to hold stock in companies, and particularly key employees and executives of all kinds. Found 285 people named Joel Katz along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. These are all coincidences that makes you wonder. But Schwartz, who just returned from a tour of Europes banks, faces many obstacles. Ron DeSantis, Attorney General Ashley Moody, and other members of the Florida executive cabinet or legislature to register with the state or face fines.. In response to questions posted on Twitter regarding whether hes responsible for building the Bitcoin network, Schwartz says he didnt find out about Bitcoin until 2011 two years after BTC came into existence. Views. Will be forever grateful to him for his care & kindness., I am utterly in shock as I write this. #XRP #BTC @JoelKatz can you comment from that boat you're on in the South Pole?https://t.co/4aHdU5ongf, ProCoinNews (@ProCoinNews) December 7, 2021. David "JoelKatz" Schwartz @JoelKatz. Eric Jeck SVP of Corporate Development. And if you wanted the same time as a whole bunch of other people you would see them switch to that time, whether theyre listening to you or not, because theyre just switching to the most popular view, the most popular ordering of transactions. XRP is mostly just going to be a matter of incremental improvements, things like resource consumption of the software and transaction throughput. Next one is from Shazad. So, the way that we handle that is validators have a cryptographic identity, just like accountants do. In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. the man asks. A man runs into a bar, demands a double whiskey and gulps it down immediately. So, I dont think thats a bad thing. 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. So, the next ones from DaddyCrypto, awesome Twitter handle name. Jason Ariano. By Jem Aswad. Write your message of sympathy today. They are incredibly interesting, lets take a look. What a guy! Reach Michael del Castillo at mdelcastillo@forbes.com. 8. A list of tweets where David "JoelKatz" Schwartz was sent as @GothamGirlBlue. 7, A site to provide non-judgmental guidance on choosing a license for your open source project, Ruby SWIFT handles approximately 25 million such messages per day, and the result is an estimated $6.74 trillion in transfers. Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! @LoveForCrypto17 and others covered the tweet.https://t.co/ySJHXhXMti. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. 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. I have almost the entire skill set needed to have been Satoshi. In this way Ripple hopes to transform XRP into a decentralized reserve currency for international banks. And remember when Dan Pena said if you knew who was behind Bitcoin, you would RUN!? John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. 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. David E Schwartz, 72 Lives in Reno, NV. David Schwartz Enterprises. Asheesh: Alright, so I want to thank everyone for tuning in and celebrating the five-year anniversary of the XRP Ledger with us. Started August 30, 2021, By For bitcoin, about 58% of transactions are processed by four mining pools, mostly in China. And today we have David Schwartz, also known as "Joel Katz," chief cryptographer at Ripple. 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. MathewAnderson So, he was a Ren and Stimpy fan. But I dont see much of a benefit from the head of a project sort of taking all of his skin out of the game. Just don't get into the habit. I mean, you dont know. HAL1000 35. Do you foresee XRP becoming liquid enough to be an intermediary currency between other coins, the way that BTC Bitcoin is now? Lubin taught us you have to disguise whale purchases! (@JoelKatz) December 7, 2021. 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. There would be no XRP. In fact, more than half the XRP that will ever exist are still owned by Ripple. Amazing research done by Anders_L, which is all documented and all factual. pic.twitter.com/C93KM8plND. There would be no Ripple. So, one is founders that have a direct stake in cryptocurrencies. Known as "JoelKatz," he is a respected voice in the digital currency community. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. The following year he was awarded his first patent20 years before Satoshi Nakamoto invented the bitcoin blockchainfor a distributed computer network he designed to lighten the burden of a central processor. JoelKatz has no activity A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media But I can only do it once. Sign up for a new account in our community. There really arent that many technical challenges left for XRP. Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. 4. Mrs. Katz, 24 years old, teaches the second grade at the Oak Lane Day School in Blue Bell, Pa. She graduated from Boston University, as did her husband, and received a master's degree in education . Invented a hierarchical system for distributing workloads over multiple computers. I'm Asheesh Birla, I'm the head of product at Ripple. It's perfect. Contributions in Joel's memory are suggested to the following charities. Russia Puts Together Mining Mutual Fund Solana Promises New Upgrades To Solve Issues Apple Standing In The Way Of Uniswap Wallet. Alright, so the next one. When he speaks, I listen. GPI isnt a rebuild of their entire back office, says Harry Newman, SWIFTs global head of banking. Amazing research done by Anders_L, which is all documented and all factual. Meawhile he was getting interested in cryptography. David: Wow, so I started working on what became Ripple in November of 2011. Perhaps it could be David? I was one of his first patients when he set up practice in Las Vegas. Well, thats not entirely accuratehe didnt say it so much as shout it like he does everything, but still the point remains. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. In short, Schwartz wants to disrupt SWIFT, the Society for Worldwide Interbank Financial Telecommunication, a Belgian cooperative organization founded in 1973 that counts more than 10,000 financial institutions as its members and is the ultimate middleman in banking. There are people who may find their interests threatened by it. They met at a coffee shop, where McCaleb shared an idea he had called NewCoin. 899. I'm David Schwartz, known as "JoelKatz" in many forums. (1 page) David Schwartz Chief Technology Officer. And that essentially behaves kind of like a smart contract. Funeral arrangement under the care ofKraft-Sussman Funeral & Cremation Services. Oh man, he is having an absolute blast with these replies! And then I finally completed my rebranding to Joel Katz, which was a nice human-sounding name. Along the way, Schwartz developed an online persona, JoelKatz (the name was inspired by Stimpson J. Ripple Labs CTO David Schwartz says those with life-changing amounts of crypto should think about selling some. David Schwartz reportedly filed a patent for a DLT type technology back in 1988. David "JoelKatz" Schwartz @JoelKatz | 422,508 followers. May the Holy One,who comforts Israel, Grant you solace in your bereavement. Sharing in your sorrow. to such a noble profession. It didnt take long for banks to see the potential in what Ripple was creating. JoelKatz has 4 repositories available. 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. He was a great friend, doctor. CelebrityAccess Staff Writers Contact Me Posted on 11 January, 2021, 05:55 PM EST. Most large banks are forced to maintain local currency accounts around the world for use during money transfers. I've researched it, workshopped it, A/B tested it, and even tested it with focus groups. ROBERTA (BOBBY) BERWIN. "Me too, let's go get a drink." Now, were going to go deep in decentralization. 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. Could one of the architects of XRP be the fabled Satoshi Nakamoto? The founders of Ripple, by contrast, created all 100 billion of the XRP tokens at once in 2011. Trending: Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks. That's why Joel won't be able to provide you that answer as well. A new bill introduced in the Florida legislature would require bloggers who write about Gov. 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. Thats not to say that there arent other motivations, just wanting to see your project succeed. Saw Dash partnership recently. Asheesh: Excellent. Are operations more vulnerable to leadership change when you are more centralized or are there contingency plans on hand for these events? That is a deep one. And its been a crazy ride. Started January 24, 2019, By @RobinHoodl_. David Schwartz reportedly filed a patent for a DLT type technology back in 1988. David "JoelKatz" Schwartz @xrp_miss ! I encourage you to check out the thread byAnders L which you can access by clicking on his tweet below. Its a control, says Schwartz. It's perfect. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. And I think we all know how incredibly smart he is. Theres a lot of the way consensus works is somewhat different from the way proof of work works obviously. Its been awesome working with you. So, thats the role that validators play. The function of a doorknob is to control the movement between two spaces. It could have been one person, but that seems somewhat unlikely to me.. So, I thought, well the J could stand for something, why not Joel. In a bizarre blockchain era twist, Ripple is accused of being as centrally controlled as SWIFT itself. Love to you Hilary, Dara and the rest of your family from Marcia and Bailey Cohen, My deepest condolences to your family. Ripples xRapid product has also won some converts. 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. interactions with the USPTO to obtain . So, weve got one from XRPedia: What type of companies will host lists of recommended trusted nodes? This was a fun video we shot at Swell 2019. Started Yesterday at 06:23 AM, Xrp Chat is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Ripple, or any of its subsidiaries or its affiliates. Thats how other people know to listen to them. His widely read JoelKatz blog is subtitled Democracy is vulnerable to a 51% attack, an allusion to the tipping point at which one party could gain majority control of a cryptocurrency, no longer making it decentralized. A person can manipulate the news for their own advantage. Validators are used really to do only one fundamental thing and that solves the double spend problem. A very interesting theory that has merit and makes a lot of sense. Livestream transcript below: Asheesh: Welcome, everyone. So, one, happy anniversary, five-year anniversary for the XRP Ledger. Like a lot of banks, we have to place different bets in different areas, says Santander managing director John Whelan. Not just because he is working on Ripple, but because he is able to comprehend things in a way most people are not. Perhaps it could be David? HAL1000 Exhibit A McCaleb was deeply involved with Mt.Gox and somehow allegedly sold it right before it went under. I had no clear plan. 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. "About three feet tall, give or take." A theory has been floated around that Jed is selling his XRP to the government and this is all a huge part of the plan of the governments reclamation of XRP. Sorry. 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. yet for this period. Its certainly not fatal, and I certainly think that we could see governance improve. Schwartzs centrally located open-plan desk on the second floor is austeretwo flat-panel displays and a black ergonomic keyboard are all you will find. What remains unclear (by design) is how many of the non-Ripple validators are relying on the UNLs Ripple has actually deemed to be trustworthy. But heres where the story gets really good. Phone: (706) 543-1920. Unfortunately, Joel Katz passed away at the age of 76, the date of death was 03/02/2011. Not financial advice. 5. In brief. A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media Before we had no restrictions. And with that, Ill leave it toyou guys. And he asked me if I wanted to use my real name and I said no. Maybe we will never find out the real truth. Peace, Prayers and Blessings., Debora and Mark Barney wrote a sympathy message, Our deepest sympathies and prayers are with the Katz family and May Joels memory be a blessing to his loved ones..