Jed McCaleb is a prominent American programmer. He also has a lot of experience in blockchain cryptocurrency. Jed has credibly become an icon in the cryptocurrency world. For example, he is the founder of Mt. Gox. Mt. Gox was the pioneer bitcoin exchange internationally. He has also made a lot of contributions toward many startup ventures. He came up with eDonkey network in 2000 with another programmer expert Sam Yagan. eDonkey network allows peers to share decentralized files among themselves. eDonkey network was the first platform to perform multisource downloading.
In 2014, Jed established his new project. Stellar was instituted after Jed realized there were faults in the international financial system. He then founded Stellar Development Corporation with his partner Joyce Kim. At the moment, Jed is the company co-founder and CTO. Moreover, Jed leads the technical development department of Stellar. When Jed McCaleb is not coding in the company, he answers company emails. He also involves himself with finding out more about Artificial Intelligence potential when not busy at Stella. Jed claims that AI could be the biggest solution to many challenges existing in the world today. In addition to this, he says that AI is likely to make life better and simpler in the future. Jed is a member of the Machine Intelligence Research Institute to learn more about AI and its safe use in future.
Stellar.org donates funding toward the Stellar network. Stellar.org is a nonprofit firm that connects technological literacy and digital financing. Stellar.org also funds open source software. Jed McCaleb is committed to creating new technologies. He also looks for ways of advancing existing technologies in the world.
Jed McCaleb’s experience in bitcoin business brought the idea of Stellar. In his thoughts, he knew the technology behind bitcoin could bring enormous changes to the world. He then decided to come up with a network that could help companies do business cheaply. The stellar network allows companies to sell their products to low-income customers without incurring high maintenance costs. Moreover, the Stellar network helps to bring different companies together thus enabling them to cheaply and seamlessly transfer money using open source finance network.