The Currency Analytics

Stellar Lumens (XLM) Jed McCaleb states Crypto Usage During Pandemic is User Experience…

By Maheen Hernandez

Stellar Lumens (XLM) New User Perspectives

Blockdown 2020 gave a reflective intro to Jed McCaleb, Co-Founder and Architect at the Stellar Development Foundation created Stellar Network as an open-source blockchain in 2014.

Further stated, Stellar Lumens was basically built to democratize economic participation by making money more fluid, markets more open, and people more empowered.

Jed McCaleb later created Mt. Gox, the first Bitcoin Exchange. He is also co-founder of Ripple.

When questioned about how the current situation, though tragic, contributes to cryptocurrency shining, Jed McCaleb stated that the situation does push a little more awareness…

He stated that it creates an impression may be like the fiat money is less sound that people he stated kind of take for granted.

He differentiated between the user experience issue and the technology issue. In general, he stated that he thought that crypto really needs a way to be easier to use for people…

Stellar is well aware that there is not enough awareness and that people kind of don't know they are using it, nor do they realize that they are using it.

Several thought-provoking questions are doing the rounds in the Stellar Network, making the community of developers think and propel towards introducing new perspectives and…

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