For those who don’t know, Jed McCaleb is the founder of Mt Gox, which is the first Bitcoin ever in creation. In the year 2000, Jed and his cohort Sam Yagan created the first decentralized peer-to-peer file-sharing service called eDonkey. Fast forward to 4 years ago, and Jed has now been working on his latest project called Stellar with cohort Joyce Kim. He joined Stellar as a technical developer, because he noticed a serious flaw in the global financial system.
The general premise behind Stellar is utilizing and harnessing the technology of blockchain and Bitcoin to extend to other parts of the world. Stellar’s aim according to this article is to connect financial institutions together and be able to help lower income people: which purportedly amass to 2.5 billion in the world today.
Jed is also interested in artificial intelligence and believes that there is much more room for growth in the technological world outside of blockchain. It is because of this that Jed has joined MIRI as an advisor, which is the Machine Intelligence Research Institution.
He is the CTO of Stellar, and also created the Bitcoin named Ripple. Some of the success ingredients for Jed have been persistence, analyzing, and being comfortable with a certain degree of risk in order to achieve great feats with technology, as well as harnessing the possibilities of the universe with respect to file sharing and the sharing of finances. He believes in focusing on things that have a global impact, because they can make substantives changes which allow for great success in life. Along those lines, Jed is also a firm believer in focusing on the creation of the technology and its abilities, rather than marketing it. More information on Jed and all of his work can be found at his website, http://jedmccaleb.com/.