This will give information about the co-founder of Stellar, Jed McCaleb. Jed has lead this Stellar technical development company. This company has a goal of moving up economic participation for everyone. This network is helped by Stellar.org. This site is a nonprofit which joins technology which gives to open-source software and joins forces with digital financial literacy. Jed McCaleb also advises a company called MIRI. In this such company, he investigates artificial intelligence to bring about positive change.
The whole idea of Stellar came from his developing interest in the company, Bitcoin. He saw that it was a distributed database and had an understanding on what could be solved with the utilization of the underlying idea of Bitcoin. Even though Stellar had an inspiration of the potential of Bitcoin the company has a focus on utilizing the open source financial network in order to link institutions that are isolated. But, Bitcoin is mostly a way to arrange value so it goes from one person to another. Stellar has linked all the different institutions to everyone including Bitcoin.
Jed has a typical day in mind and has a way to make it productive. Actually, he has always been leading small teams to give a balance between leading technical development and management as well. When he works he splits them into two types of modes. One is reactive and the other is focused. In his “reactive mode” he gives his response to emails and requests and all the small things which show involvement in running a business. Also, in his focused mode he does building and coding. Have those two modes assists in him becoming more efficient.
Now some general information about Jed McCaleb. The first company McCaleb created ended up being the biggest file-sharing networks of its time. This is called eDonkey and was created in 2000. McCaleb co-founded this after noting that the financial infrastructure is broken. Also, that there are too many people without resources. He has spent much of his time with thoughts about how to improve technology and how to use it to influence the world.