Ripple's lead engineer to exit after nearly a decade with the firm
Ripple Labs’ director of engineering Nik Bougalis is exiting the firm after nearly 10 years, becoming the latest of crypto's long-time serving executives to depart from the space.
In an Oct. 22 tweet, Bougalis noted that: “my decade-long journey at Ripplehas been a fantastic (if exhausting and all-consuming) one. I got to work on a project that I love, towards a goal I believe in. But that journey will be coming to an end in a few weeks.”
“All good things…”My decade-long journey at @Ripple has been a fantastic (if exhausting and all-consuming) one.I got to work on a project that I love, towards a goal I believe in.But that journey will be coming to an end in a few weeks.
Interestingly, the Ripple developer noted that he will not be joining a blockchain project or company next.
“As for what’s next? I’ll talk about it when it’s time, but I am NOT joining another blockchain project/company, nor am I doing NFTs or DeFi,” he said.
Bougalis has a lengthy background in software engineering and cryptography, and while at Ripple, he primarily worked on open-source code projects for the payments XRP Ledger, also known as XRPL.
One of Ripple’s key recent developments that Bougalis has overseen is the XLS-20 amendment which will see the introduction of nonfungible tokens (NFTs) to XRPL. While there were a few initial bugs that reportedly needed ironing out, the upgrade is reportedly set to go through in early November.
The cryptographer went on to state his thoughts that Ripple will do just fine without him.
“Its long-term health and success isn't predicated on any one person. I’m confident that it will be just fine, thanks to talented and passionate individuals who contribute and participate, each in their own way.”
Related: Ripple’s
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