Jed McCaleb and the race for cryptocurrency dominance

This is a nice article about Jed McCaleb, a genius software developer who founded the filesharing service eDonkey, the bitcoin exchange Mt. Gox, Ripple, and Stellar.

“There’s an epic battle for the future of money, and the outcome is murky…

The coining of digital money (“cryptocurrency”) has the potential to be the most important financial development of this century. On one side are governments, fiat currencies and the world banking industry. On the other side are hundreds of young companies backed by brilliant cryptographers, complex programming and security protocols and varying degrees of anti-establishment fervor…

This article focuses on two of those cryptocurrencies, Ripple and Stellar. They share a city (San Francisco), a founder (Jed McCaleb) and a lot of bad blood.”

Also, watch this interview with Jed McCaleb in which he discusses the differences between Ripple, Stellar, and other things within the crypto-space:

Source
http://observer.com/2015/02/the-race-to-replace-bitcoin/

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