Ripple Chief Engineer Abandons Ship - Coinleaks
Current Date:September 21, 2024

Ripple Chief Engineer Abandons Ship

Ripple chief engineer Nik Bougalis announced that as XRP turns 10, he will be leaving the company due to unshared goals.

Nik Bougalis, chief engineer of Ripple, stated in the separation statement that he will not work at any other Blockchain or Web3 company. He stated that he took this decision to draw other horizons for himself.

Ripple’s Chief Engineer Nik Bougalis is Leaving the Company

Ripple chief engineer Nik Bougalis is leaving the company as XRP turns ten to open up new horizons for himself. Bougalis, who did not share his personal goals in his statement, also stated that he would not join another Blockchain or Web3 firm.

Nik BougalisIn his tweet he wrote:

“My ten years at Ripple have been a wonderful (if exhausting and exhausting) journey. I’m working on a project I love, something I believe in, but that will be over in a few weeks.”

Bougalis oversaw a number of developments in the ledger’s codebase, including the introduction of NFTs scheduled for release in November.

Bogalis’ departure came while Ripple was in the testing phase of an XRP Ledger project compatible with Ethereum-based smart contracts. This technology could allow developers familiar with Ripple’s larger Ethereum Virtual Machine software to share their code with Ripple.