Jed McCaleb: Entrepreneur, Computer Programmer, and Co-Founder of Stellar

Jed McCaleb, the original developer of the first bitcoin exchange, Mt. Gox, has a lot to say about entrepreneurship, the world of technology involving blockchain, and digital assets like cryptocurrency.

 

Jeb McCaleb start out doing serious computer programming and computer platform building in 2000. McCaleb created eDonkey, a peer-to-peer file sharing platform. eDonkey was the first computer platform to allow multiple nodes to download files. McCaleb was also known for creating Mt. Gox in Japan, the first bitcoin exchange. McCaleb ended up selling Mt. Gox a year later.

 

In 2018, Jed McCaleb is very focused on putting his name on the most-influential list of cryptocurrency innovators and industry disruptors. As the CEO of Stellar Foundation, Jeb McCaleb, along with Joyce Kim, a fellow cofounder, are looking for ways to solve those thorny issues involved with Bitcoin. Issues like scalability and flexibility are tough problems to solve.

 

As for Stellar.com, it fits well into the untapped business sector, by functioning as an open-source, financial network for institutions involved in Bitcoin and other cryptocurrency like Litecoin, Ethereum, and Bitcoin cash.

 

Jed McCaleb’s Stellar Foundation is a viable business and investment solution for those 2 billion people in the developing world who are not associated with any banking institution. With Stellar.org, McCaleb’s foundation helps to bring cost effective and secure options for banking institutions and their future customers. Bitcoin can bridge the gap, just like P2P file sharing software Napster.com and eDonkey once did. The mission of Stellar.org is to connect banks with an open-source network that is cheap and stable. It is also important that all cryptocurrency transactions go smoothly.

 

McCaleb’s success come from his ability to never let obstacles impede him achieving great things. McCaleb notes that due diligence, clearing out unnecessary activities, and following specific strategies are keys to success.

 

McCaleb’s latest ventures, outside of Stellar.org, include areas of Artificial Intelligence (AI). McCaleb feels that AI could really take hold in two decades. He is an advisor to the Machine Research Institute (MIRI), a non-profit organization whose focus involves making tools that will bring safety for future AI programs.