General information on Jed McCaleb.
Jed McCaleb was a blockchain cryptocurrency skilled and a renowned American programmer. The immense cryptocurrency contribution an example being the exchange of the first-bit coin in the world known as Mt. Gox made him known. Jed McCaleb involved himself in pioneer projects which included eDonkey, a decentralized peer-to-peer network sharing file. Jed McCaleb developed eDonkey in 2000. Multisource downloading was the first interface for him to implement.
Information on Jed McCaleb and Stellar his newest venture.
Jed McCaleb in 2014, embarked on Stellar, his recent venture. He recognised that in the global financial system, there were notable flaws. Jed McCaleb and Joyce Kim teamed up with cofounder the Stellar foundation development. Jed McCaleb served as Stellar’s CTO and co-founder. Jed McCaleb led Stellar’s technical development. The technological development role of Jed McCaleb has two divisions. When he built and coded on technical aspects of Stellar together with the team, he responded to the emails and anything else that concerned with ensuring that the business ran well.
The stellar organisation supported Stellar networks. Stellar organization contributed to source software opening. Jed McCaleb spent most of resources and time as he thought of methods of refining new and the existed technologies. He found ways in which the techniques yield in solving problems.
Information on how stellar started.
The idea of stellar came to Jed McCaleb after he realised what Bitcoin was, and understood how the technology behind Bitcoin could solve problems. Jed McCaleb saw the necessity of creating a digital currency that was new. Jed McCaleb saw a transformational technology behind Bitcoin. Jed McCaleb created a financial network open source that linked financial institutions. Jed McCaleb said, Stellar aimed at connecting people who were unbanked around the world. Stellar increased affordability of the unbanked population to receive services from those institutions. Jed McCaleb said Stellar started mainly, to tie different institutions siloed to provide cheaper services.
Stellar was implemented by most businesses, nonprofits around the world, and financial organisations as financial infrastructure. Stellar network upgraded to a secure, modular and scalable network since the year 2014.