They say that Rome was not built in a day, and this expression acts like a metaphor for one of life’s little facts. It takes time to make something that is going to last, and even more time if what is to last has any chance of thriving. Jeb McCaleb, like many other busy professionals, knows this fact of life first hand.
As the co-founder for Stellar, a venture in the blockchain industry, his business savvy and acumen are regularly put to the test. It is not always easy to usher in the future, especially when you have to keep your hand on the wheel of a technological invention. Things get even more complicated when financial transactions are involved. However, McCaleb manages to make progress and set high standards for others to follow through his Stellar business model.
He continues to innovate in the field of crypto currency with ideas such as the building of a center of exchange that goes by the name Mt. Gox. As a matter of fact, McCaleb makes it a professional habit of staying relevant by solving problems that others stay away from. It is this troubleshooting spirit that is responsible for the creation of Ripple.
Centralized transactions, when it comes to crypto currency, is not just a technological problem to solve. It is about having the vision to construct something that brings people together. It takes an incredible amount of experience and expertise to design a system of protocols that can handle financial transactions between different establishments.
Making these systems so they offer the user an intuitive and secure experience requires time to develop. It all relies on trust and new standards of networking and trust such as the federated Byzantine agreement. This way of networking allows for the growth of a network without compromising its security or consensus, which aligns perfectly with the designs McCaleb engineers for Stellar.
For him, the main motivation for getting into this social and commercial evolution is to give power to the people for years to come. His way allows for the growth and development of commerce and trade without excluding anyone who wants to participate.