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The -j8 is a parameter passed pro compiler to use 8 processor cores during build, to speed up the process.
For questions about command line utility parameters in general:
use man <comando> shows the utility manual, which is quite comprehensive for the most common utilities and generally solves any superficial doubt.

How about:
$ man make– Lacobus
It says it all: https://stackoverflow.com/q/15289250/1377664
– Sam