McCaleb and his Impact on Bitcoin

Jed McCaleb is known for his work in programming, as well as blockchain currency. McCaleb has become famous by his different ventures in the world of cryptocurrency. He founded Mt. Gox which was the premier Bitcoin exchange internationally. He has also been on the startups for other ventures such as eDonkey. eDonkey was a company that lead the way in file sharing that was done through peer-to-peer networks. The company was created, and then implemented, in the year 2000 by McCaleb as well as another developer, Sam Yagan. eDonkey was the first network that was ever able to use multisource downloading.

McCaleb and Stellar

Back in 2014, McCaleb led the way on his newest project. Stellar was designed to address different flaws in the international financial system. McCaleb joined with Joyce Kim to create the company. He is currently the cofounder as well as the CTO of the company. McCaleb is in charge of the technical development aspects of Stellar. Stellar’s focus is to increase participation and inclusion in the field of economics. The role that McCaleb plays is split between two. He is responsible for coding and improving the technical aspects as well as responding to any inquiry needed.

The network at Stellar has support from the website This is a nonprofit that uses technology and financial literacy (digitally). The website is also a contribution to software that is classified as open sourced. McCaleb has spent a large part of his career trying to improve technologies that are still in development or have already existed. These technologies are used to solve different problems that are occurring in the world.

McCaleb’s Other Endeavors

Jed McCaleb has an abundance of interests that lie outside of Stellar. He has also spent time doing research on the potential for an implementation of Artificial Intelligence in everyday life. He believes that AI can rapidly grow over the next twenty years. McCaleb thinks AI has the ability to solve a lot of the problems we have by making life more simple. McCaleb has even gone as far as to say that AI has the power to do a lot more than blockchain has done for our society.

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