Jed McCaleb: Article Recap and Brief General Information

This will give information about the Co-Founder of company “Stellar”. He also is the establisher of something called the Mt. Gox exchange. This will begin by recapping the article “Jed McCaleb, Founder of Stellar: Blockchain Will Change the Face of Banking”. This is written by Haley Thompson. McCaleb made a prediction that the industries of blockchain technologies and distributed solutions would be interruptions in the future years. They are stock markets, ability to fundraise, and global payments.

Something Jed McCaleb has been very close to is an environment consisting of crypto assets. His Mt. Gox exchange under the operations of McCaleb began its operations. However, a couple years ago in 2011 he sold the enterprise.

Currently, McCaleb serves as the Stellar co-founder. He plays the role there as the Chief Technology Officer (CTO). This is one of the most famous platforms which forms new tokens as well as applications that are distributed. To add to that, in the category of the top ten crypto assets by the capitalization of markets is XLM, the digital asset of XLM. A goal of the Stellar platform is to attempt to figure out the substance of climbing solutions of blockchains in order to copy the volume and speed of classic systems of financial transactions.

Now, some general information about Jed McCaleb. McCaleb has co-founded his company of “Stellar” since 2014. In this experience he has spent many hours with the brightest people he feels he has worked with. Before he co-founded the company, he created a network of per file sharing. This network had the name of “eDonkey2000”. It is also important to note that this was the first to apply downloading of multi-source. This was the first implementing of the Kademlia DHT. He has been spending a great deal of time with thoughts on how to make the World better.