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To this day Schwartz is not listed as a cofounder of Ripple, despite being employee number two and its chief architect. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. Halo Infinite leak found with details on maps, modes and features. In the same thread of tweets, a crypto enthusiast suggested that the CTO at Ripple, In 2011, he discovered Bitcoin and became fascinated with the technology behind it. One of the things that most people dont realize about David and Stefan is that, prior to Ripple, they both used to work on Bitcoin. He chose silence out of prudence, the most sensible defense that appeals to any thinker. Ripples CTO David Schwartz is still of the opinion that Satoshi Nakamoto, the creator of Bitcoin, is more a collective than an individual. Computer scientist who claims he invented Bitcoin wins major Craig Steven Wright The Value of Commodities Can Go Down As Well As Up, The YPF Takeover Will Not Solve Argentinas Energy Problems: Alieto Guadagni, Fiscal Fallacies The Root of All Sovereign Debt Crises: Amar Bhid & Edmund Phelps, How to Improve Your Credit Without Using a Credit Card, High Oil Prices: Caught in a Sea of Vicious Cycles, CEOs: Wake Up and Smell the Social Media Coffee, Want to Start Blogging? Now the cryptocurrency community will be looking to see if Wright follows through on his promise to prove he is the owner of the Bitcoin. ", Why Unifying Payments Infrastructure Will Boost Financial Inclusion | Coil CEO Stefan Thomas, Part 2. By June 2012, Schwartz, McCaleb, and Britto finished code development, and the Ledger was complete. He has worked as a consultant for international organisations such as the Inter-American Development Bank (IDB), the World Bank, the Organization of American States, and the United Nations, in addition to being a researcher at the Universidad Torcuato Di Tella. If Wright is successful in his lawsuit, the software developers might be compelled to produce new software that will assist Tulip Trading in recouping the entire amount of money it owes.