On today's show I speak with David Schwartz, the Chief Cryptographer at Ripple Labs and one of the architects of the Ripple protocol. David was developing encrypted cloud storage and messaging systems for organizations like CNN and the NSA when he discovered Bitcoin in 2011 and soon became active in the Bitcoin community as "JoelKatz". In late 2011, he was hired by Jed McCaleb to design and implement what is now the Ripple network. David gives us a fantastic explanation of what Ripple really is and for the first time, I feel like I might actually understand Ripple and where it fits in here at the Dawn of the Age of Cryptocurrencies!

Coming soon you'll be able to find full transcripts of each episode of Bitcoins and Gravy in the Transcript section of BitcoinsAndGravy.com . Professional transcription provided by one of our fans who can be found at:

http://diaryofafreelancetranscriptionist.com/2015/01/21/free-transcript-project-8/

Magic Word

Hidden in each episode of Bitcoins and Gravy is a Magic Word. I know that it may sound absurd, but listen for the Magic Word and you can earn LTBcoin! First set up a free account at LetsTalkBitcoin.com. Then tune in to your favorite LTB podcast and when you hear the Magic Word, don't delay! Submit it to your account and by doing so you will earn a portion of the week's LTBcoin distribution. Setting up an LTB account has always been fast and easy... but now it's profitable!!!

CREDITS:

Ripple: http://ripple.com

Ode To Satoshi

Ode to Satoshi lyrics & melody by John Barrett

Copyright 2014 RJM Publishing - BMI Nashville.

Lead Vocal, Harmony Vocals, Harmonica, Snare Drum: John Barrett

Harmony vocals: John Barrett, Connie Sinclair and Lij Shaw

Guitar: Jonathan Brown

Mandolin: Ben Miller

Bass Guitar: Michael Rinne

Initial tracks recorded by Mark Thornton of Sidekick Sound Studios, Madison, TN.

All other tracks Recorded, Mixed and Mastered at The Toy Box Studio, Nashville, Tennessee

Engineer: Lij Shaw. Assistant to engineer: Don The Don Bates

Produced by John Barrett & Elijah Lij Shaw

Special thanks to Alex Munoz Guijarro for his excellent pedal steel playing on many of our shows.

Interviews for this episode were edited and produced by John Barrett at The Tree House Studio - East Nashville, Tennessee.

Theme song Gravy by the band, Eleanor Roosevelt with Lij on fiddle.

And a big thank you to the moral support from my friends at The Tennessee Bitcoin Alliance: TennesseeBitcoin.org

Questions or Comments?

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