By Jem Aswad. Born: Joel David Katz (1932-04-11) April 11, 1932 (age 90)Cleveland, Ohio, . 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. . Joel Katz Obituary. A list of tweets where David "JoelKatz" Schwartz was sent as @therealrthorat. 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. Hmmm.so most in crypto despise XRP, would knowing that David Schwartz (@JoelKatz) created it cause people to flip out? 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. 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 man's house was filled with clay tablets containing complaints from his victims. 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. But we do need to see that sort of broadening. We do see other use cases for XRP. How do you know when your date with a pilot is half over? Shooting a hilarious video with Agent Bendix. Jan 1988 - Jan 19913 years 1 month. They sell the coins periodically and have distributed many to insiders. And remember when Dan Pena said if you knew who was behind Bitcoin, you would RUN!? 2. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. I've researched it, workshopped it, A/B tested it, and even tested it with focus groups. Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks, Tether Denies WSJ Allegations About Bank Fraud. "Windy, isn't it?" I've researched it, workshopped it, A/B tested it, and even tested it with focus groups. In 2015 Ripple formed the RippleNet Committee, an advisory team made up of major banks including Bank of America Merrill Lynch, Japans MUFG Bank, Standard Chartered Bank, Westpac and Spains Banco Santander, which invested in Ripple and began experimenting with early versions of its payment technology. Quote. Someone else? You signed in with another tab or window. 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. 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. Ripple is hosting a live Q&A with our Chief Cryptographer, David Schwartz. Escrow doesnt really have a counterparty to the extent that there is a counterparty it is the XRP Ledger, it behaves very much like a smart contract. I think also we built in a sort of, like a peer-to-peer lending system at the heart of the ledger, which I think could be extremely interesting for the future. I think we definitely realize that now. One of the most brilliant minds in all of crypto and hes teasing and engaging with us on Twitter from a boat just off the edge of the world while hanging out with penguins. As far as with XRP and the ledger itself, weve built in a lot of features like payment channels and escrow. Interestingly Ripple was started in 2012 and if Im not mistaken they started to work on the XRPL code in 2011. Hmmm.so most in crypto despise XRP, would knowing that David Schwartz (@JoelKatz) created it cause people to flip out? It sounds silly, but to me it might as well have been magic.. If you haven't already seen it, here's me in my first feature length motion picture. 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. Im just so extremely excited. Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks, Tether Denies WSJ Allegations About Bank Fraud. New CTO David Schwartz at Ripples San Francisco headquarters in June. Ultimately this results in foreign currency exchanges and a transfer of funds, often via numerous correspondent member banks. But now I have two names, I guess. In loving memory of Joel Katz, HAL1000 Larsen, who received 9 billion XRP tokens as its CEO, saw his crypto holdings rise to as much as $60 billion. There are people who may find their interests threatened by it. If you want to google for it, do so at your own risk. Joel B. Katz concentrates his practice in residential real estate transactions and has been involved in all aspects of titles and closings in the Metro Atlanta and Athens areas since 1974. Thanks @JoelKatz for your continued support of the XRP community! Improving Global Settlement With Blockchain Tech CTO at Ripple, One Of The Original Architects Of The XRP Ledger. That's why Joel won't be able to provide you that answer as well. Started 4 hours ago, By In early 2011 Schwartz was looking for something new. Oh, one from one of my favorites, TplusZero, one of the only guys that retweets me. Is it really light? 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. Questions to mr Schwartz, the IF in if xrp gets used significantly. David: So, Ripple received its stash of XRP when it was founded. 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. Theres room for improvement in the company, though. 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. Not financial advice. 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. What an amazing man and physician. A man at the center of Ripple and XRP and yet not one single picture of him has ever been found (or verified a few are floating around but I am not convinced in their veracity). . To provide some predictability in the supply of XRP, Ripple has taken 55 billion of those XRP and locked them in an on-ledger escrow. Next one is from Shazad. 41. JoelKatz has no activity If you want to develop on the XRP Ledger, what do you need from us? 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). 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 One of the most brilliant minds in all of crypto and hes teasing and engaging with us on Twitter from a boat just off the edge of the world while hanging out with penguins. What a guy! Joel Katz. Unfortunately, Joel Katz passed away at the age of 76, the date of death was 03/02/2011. (1 page) . E-mail Me. 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. And with that, Ill leave it toyou guys. . I'm saving it for an emergency. 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. david_joelkatz_schwartz. Schwartz, who is one of the original architects of the XRP ledger, believes it is more likely Bitcoin's pseudonymous architect was actually a small group of people, rather than a single person. Ripple, The Movie: Underdog vs. I think you want a person to have some skin in the game. John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. But the future is never certain. He was our allergist for many years till we relocated to Florida in 2019. I'm currently the Chief Cryptographer at Ripple and am one of the original architects of the XRP Ledger. Started January 24, 2019, By Mazel Tov to a couple that wishes to remain anonymous #240. Monica Long President. But heres where the story gets really good. 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. Learn more about reporting abuse. So, he was a Ren and Stimpy fan. 899. You dont think the government would use the same wallet each time, do you? Known as "JoelKatz," he is a respected voice in the digital currency community. I think projects do become a bit chaotic when they dont have one. Perhaps it was a team of people? 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. Is that a done deal, or completely open question? https://www.quora.com/If-a-large-amount-of-banks-were-to-adopt-x. But we definitely need to do more, and we need suggestions on what we should do because we have not paid as much attention to that as I think we need to. Theres a lot of the way consensus works is somewhat different from the way proof of work works obviously. always with the Uber and Airbnb and lately more and more amazon. In other words, Schwartz was gaining a working knowledge of cryptography at a high level. . Jason Ariano. Similar situations clearly apply to companies such as AirBNB and Amazon. But even more traditional companies like Seagate, Now serious: great reply, really took his time once again to explain things properly. 26 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. Tweet. David "JoelKatz" Schwartz @JoelKatz | 422,508 followers. Russia Puts Together Mining Mutual Fund Solana Promises New Upgrades To Solve Issues Apple Standing In The Way Of Uniswap Wallet. 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. Join Facebook to connect with Joel Katz and others you may know. Photographs and videos show in the same page! And that is David. Eric Van Miltenburg Chief Business Officer. Most of you probably have no idea what that is. There would be no Ripple. Mercury FX, a London-based foreign-exchange firm that offers clients an alternative to banks when sending and receiving international currencies, will soon move from its pilot xRapid program to live production. Former Director of Software Development at Webmaster. Joel Grey (born April 11, 1932) is an American stage and screen actor, singer, and dancer, best known for his role as the Master of Ceremonies in both the stage and film adaptation of the Kander & Ebb musical Cabaret. 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. Mazel Tov to a couple that wishes to remain anonymous #238. Started January 2, By I think its important to point out that validators do not have control over how funds flow or what transactions are valid or not. So, the next ones from DaddyCrypto, awesome Twitter handle name. Will be forever grateful to him for his care & kindness., I am utterly in shock as I write this. The answer is that inefficiency and laziness has made them a lot of money.. If not, why do I want to trick or force people to get a substandard outcome?. 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. PMID: 35152234; PMCID: PMC9422754. 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. Three old pilots are at the airport passing time. Heres more from our late friend John McAfee on the topic. Started 16 hours ago, By Exhibit A McCaleb was deeply involved with Mt.Gox and somehow allegedly sold it right before it went under. RT / fav t tweeter significative parce sont affichs bien en vidence! 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. youtube.com. This was a fun video we shot at Swell 2019. Dr. Rueckl and Lakes Dermatology, I was so shocked and saddened to hear this news. Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! xtreamforex Before we get started, we have a special guest, Chris Larsen, Founder of Ripple, that wants to say a few words about David. It kind of gets back to what I was saying before about the stakeholders. GIF. My question: As impressive as RippleNet is, is there room for improvement in regards to speed, scalability, and the company in general. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. Today is a day that I will LONG remember. xRapid frees up this capital and lowers costs by substituting the local currencies with the XRP cryptocurrency. Could one of the architects of XRP be the fabled Satoshi Nakamoto? And then I finally completed my rebranding to Joel Katz, which was a nice human-sounding name. Impact of Extended Duty Hours on Perceptions of Care and Objective Patient Outcomes. 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. Asheesh: Welcome, everyone. We posted this Tweet earlier this morning, Can you imagine the heads that would explode if this ends up being true? pic.twitter.com/C93KM8plND. 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. I am so devastated. He is survived by : his wife Hilary; his children, Marissa, Zev and Dara; his mother Amelia; and his siblings . He was always kind, personable and professional. Maybe we will never find out the real truth. Facebook gives people the power to share and makes the world more open and connected. Thank you for partnering with us to maintain fruitful conversation. They are incredibly interesting, lets take a look. Can you explain how the Ripple validator system works? Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. David Schwartz reportedly filed a patent for a DLT type technology back in 1988. How is any of that possible, unless.youre a made man. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. As the companys newly appointed chief technology officer, Schwartz is on a mission to dismantle and reassemble one of the biggest gateways on the planetthe one that connects nearly every bank in the world so that trillions of dollars can move from account to account. Well, thats not entirely accuratehe didnt say it so much as shout it like he does everything, but still the point remains. What I do know is that if it would be proven to be true, it would shock the crypto market! Joel Katz is on Facebook. Dasi Krupnik (Brooklyn, New York) & Dovid Fohrman (Brooklyn, Select one>) #237 Running a validator is almost literally just flipping a switch, you just literally tell your server I want to be a validator. 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. 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. And he cant steal funds that way, but he can halt the network. Who knows? Nodes that we believe are unlikely to collude. Its just really mind-blowing. Without further ado, here it is: 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.. Write your message of sympathy today. Banks interest in Ripple coincided with the general excitement bubbling up around bitcoin in 2016 and 2017. Oh, but the transactions are all public on the ledger right and we can see he is selling to different wallets? May you find peace and comfort knowing he was part of your lives and love, family and friends. By Now serious: great reply, really took his time once again to explain things properly. Leave a sympathy message to the family on the memorial page of Joel Katz to pay them a last tribute. Ripple CTO David Schwartz, aka JoelKatz, recently had a heated exchange with Craig Wright on Twitter. Views. Man: How is it that you are constantly watching cooking shows but haven't made a decent meal in 20 years? Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. It's easy! You dont want a project this big to be reliant on a single human being. As far as this idea of sort of having a benevolent dictator at the center, I think its to some extent inevitable. 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. And that really, philosophically, bothers me, Schwartz says. Kristina Campbell Chief Financial Officer. Trending: Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks. Asheesh: Excellent. And the second from our good friend the Digital Asset Investor: And now I want to flashback to tweets we had here at ProCoinNews with David Schwartz himself last year. Stuart Alderoty The adoption of Ripple products has been modest so far. This note will be visible to only you. 3, NuDB: A fast key/value insert-only database for SSD drives in C++11, C++ Salgado SM, Katz JT, Pelletier SR, Goodberlet M, Kelly J, Duperreault M, Ali NB, Shields HM. My personal fortune is aligned with the success of the company and its products, Schwartz says bluntly. Were looking for ways that we can encourage that. In 2019 the late John McAfee was alleged to have claimed that Schwartz was in fact Nakamoto, but he has consistently denied those rumors. Joel Katz is on Facebook. Could one of the architects of XRP be the fabled Satoshi Nakamoto? My friend John, I hope hes listening, had a bulletin board system back in the days before the internet was accessible to everyone. SWIFT has had the monopoly for so long, says Mercury CEO Alastair Constance, Why havent they been passing down the cost and time-saving? Over a dozen cuneiform tablets from Ur record the failed business dealings of Ea-Nasir. Esti Brody (Brooklyn, New York) & zvi schayer (chicago, Illinois) #239. Which really means hes CIA. Love to you Hilary, Dara and the rest of your family from Marcia and Bailey Cohen, My deepest condolences to your family. In 2001 he landed at a company in Santa Clara, California, called WebMaster Inc., where he helped design an early cloud-based storage system. @LoveForCrypto17 and others covered the tweet.https://t.co/ySJHXhXMti. 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 . 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. So, give us suggestions, please. Read more. Trending: Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at Thank you for partnering with us to maintain fruitful conversation. What if it all leads back to Ripple and David Schwartz? McCaleb and Schwartz joined forces and soon brought on another programmer, Arthur Britto, to help Schwartz finish XRP's technical architecture. Were trying to expand all over the place. Woman: You watch porn every day. 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. I'm happy to unveil my personal motto for 2023. With love and friendship., Shelley & Carey Billante Family planted 10 trees, In loving memory of Joel Katz, But heres where the story gets really good. While we get to work closely with our CEO every day, we realize most of the internet isn't as lucky, which is why we decided to have And for that, we just want to say thank you and happy anniversary. Phone: (706) 543-1920. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. My thoughts and prayers are with you and your family during this difficult time., Dear Hilary and Katz family @JoelKatz. I think the clean-sheet approach is almost always going to produce a better design at a lower cost.. 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. UPDATED: Joel Katz, one of the music industry's most powerful attorneys and founding chairman of the Greenberg Traurig's entertainment and media practice, has resigned . 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. Its been, you know, tough times, but I think weve got all that behind us now and I think were positioned just so well for the future. 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. Its hard to say how far well get in five years, though. Jamel Toppin Under Schwartz's technical leadership, Ripple would like to bring global money transfers into the 21st century. 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. So, I thought, well the J could stand for something, why not Joel. 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 . 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. Do these prices seem just a bit high to you? Get the latest news, stats and more about Troy Cracknell on Eurobasket, Reading Rockets, Augusta University, Augusta, Lake Norman Charter School, Augusta University (1 page) Asheesh: Alright, so the last question, from Zager. 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. 5. Contact GitHub support about this users behavior. Sorry. 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. All of those things are open we just need to figure out whats going to be effective. he replies. But exactly what is censorship resistance? Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! 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. I need a smoke! Next is all credit to @XRPL424R on Twitter who elicited this exchange: If you were Satoshi, would you tell us?. Its actually a very compelling story if youve never heard it Ill copy the original article down below. We havent really reached out to developers as much as we could. Prevent this user from interacting with your repositories and sending you notifications. We have lost a true gem. 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? If everyone can run a validator, how does the system know which ones to trust, and, for instance, prevent a 51 percent attack from malicious parties. HAL1000 Ron DeSantis, Attorney General Ashley Moody, and other members of the Florida executive cabinet or legislature to register with the state or face fines.. 19h. 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. Consensus works by validators. 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. Before we had no restrictions. 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. The process took seven years and was estimated to cost $400 million. Would you like to offer Joel Katzs loved ones a condolence message? 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. Of course not. Validators dont get to choose which transactions are valid or not. or a company on a mission to become the connective tissue for global banks, the location of Ripples ultramodern headquarters in San Franciscos financial district couldnt be more auspicious. The multilevel distributed pc system was the brainchild of Ripple's current CTO David Schwartz and it featured similar architecture to what Nakamoto [] And for everyone who missed the original article, I will copy it here below. Ok, so after going full on fanboy and freaking out a bit, then I had a blast actually reading his messages.yes plural. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. But it also ensures that Ripple has an incentive to promote the stability of the network and the utility over the long term. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. A resident of Athens since 1997, he is a member of the Real Property Section of the State Bar of . chwartzs background mirrors that of many of todays technologists. XRP is mostly just going to be a matter of incremental improvements, things like resource consumption of the software and transaction throughput.