People

Jed McCaleb

Jed McCaleb

Formal First Name
Jed
Dates
1975 - present

Jed McCaleb is the Co-Founder and Chief Architect of the Stellar Development Foundation. He is a renowned software developer and entrepreneur who is an early pioneer in decentralized systems and blockchain technology. McCaleb is famous for the creation of the Mt. Gox exchange platform, the Ripple cryptocurrency, and the eDonkey network. He has dedicated his career to developing and leveraging technology that promotes inclusion and transparency. His creations are some of the most esteemed blockchain-based initiatives.

  • McCaleb’s net worth is estimated at around $20 billion, most of which is stored in Ripple tokens.
  • He created eDonkey2000, one of the largest file-sharing networks of its time.
  • He believes in consciously leveraging technology to reduce inefficiency and improve the human condition. 
  • He has appeared as a guest on Real Vision.


MT. GOX

  • Mt. Gox is one of the first bitcoin exchanges
  • It was launched in 2010 with the intent of it becoming the largest bitcoin-to-dollar exchange
  • At its highest peak, Mt. Gox handled upwards of 80% of the global trading volume for cryptocurrencies.
  • On February 7th, 2014, Mt. Gox was hacked and lost approximately 850,000 bitcoin, leading to its eventual demise. 
  • In 2011, McCaleb sold the exchange to Mark Karpeles.


RIPPLE LABS

  • Ripple Labs is originally named OpenCoin.
  • It created the ripple protocol and the ripple payment network, which aim to improve cross-border payments and make transfers cheaper and more efficient.
  • McCaleb left Ripple in 2013 to focus on a new project, Stellar.