{"id":69001,"date":"2022-10-24T12:22:00","date_gmt":"2022-10-24T09:22:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69001"},"modified":"2025-09-07T17:23:38","modified_gmt":"2025-09-07T14:23:38","slug":"ripple-labs-chief-developer-to-depart-after-a-decade-on-the-xrp-ledger-project","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ripple-labs-chief-developer-to-depart-after-a-decade-on-the-xrp-ledger-project\/","title":{"rendered":"Ripple Labs\u2019 chief developer to depart after a decade on the XRP Ledger project"},"content":{"rendered":"<p>Nick Bugalis, Ripple Labs\u2019 chief developer, will <a href=\\\"https:\/\/twitter.com\/nbougalis\/status\/1583548835028090880\\\">leave<\/a> Ripple Labs in a few weeks. In the fintech startup, he has devoted ten years to XRP Ledger open-source projects.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8220;I must work on a project I enjoy, toward the goal I believe in. [\u2026] Leaving was not an easy decision, but it was the right one,&#8221;<\/em> the specialist said.<\/p>\n<\/blockquote>\n<p><\/p>\n<p>Bugalis stressed that his future is not tied to a blockchain startup or work on NFTs or DeFi.<\/p>\n<p>The expert said he is confident that Ripple Labs\u2019 success does not depend on a single person, and the startup has assembled a team of talented, passionate people.<\/p>\n<p>As a reminder, in March the company <a href=\"https:\/\/forklog.com\/en\/news\/ripple-to-allocate-over-794-million-to-xrp-ledger-ecosystem-development-program\">Ripple pledged to allocate 1 billion XRP<\/a> to the XRP Ledger ecosystem development program. As priorities the firm earmarked<a href=\"https:\/\/forklog.com\/en\/news\/sidechains-what-they-are-and-how-they-work\"> sidechains<\/a>, NFTs, infrastructure and network-security-related projects, and developer tools.<\/p>\n<p>In October the Ripple team<a href=\"https:\/\/forklog.com\/en\/news\/xrp-developers-to-launch-an-evm-compatible-sidechain\"> began testing <\/a><span data-descr=\\\"Ethereum Virtual Machine, the Ethereum virtual machine\\\" class=\\\"old_tooltip\\\">EVM<\/span>-compatible sidechain.<\/p>\n<p>Earlier, departures from their posts were announced by Parity Technologies CEO <a href=\"https:\/\/forklog.com\/en\/news\/gavin-wood-to-step-down-as-parity-technologies-ceo\"> Gavin Wood<\/a>, OpenSea chief financial officer <a href=\"https:\/\/forklog.com\/en\/news\/openseas-chief-financial-officer-steps-down\"> Brian Roberts<\/a>, Kraken head <a href=\"https:\/\/forklog.com\/en\/news\/jesse-powell-to-step-down-as-kraken-chief-executive\"> Jess Powell<\/a>, FTX US CEO <a href=\"https:\/\/forklog.com\/en\/news\/brett-harrison-resigns-as-president-of-ftx-us\"> Brett Harrison<\/a>, and Alameda Research co-CEO <a href=\"https:\/\/forklog.com\/en\/news\/sam-trabucco-steps-down-as-co-ceo-of-alameda-research\"> Sam Trabucco<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nick Bugalis, Ripple Labs\u2019 chief developer, will leave Ripple Labs in a few weeks. He has devoted ten years to open-source XRP Ledger projects at the fintech startup.<\/p>\n","protected":false},"author":1,"featured_media":69002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[112],"class_list":["post-69001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ripple"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69001"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69001\/revisions"}],"predecessor-version":[{"id":69003,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69001\/revisions\/69003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69002"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}