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Ripple's David Schwartz would unretire only to work again with Nik Bougalis, a key former engineer.

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23 Jul 2026
UToday
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David Schwartz, former Ripple CTO and chief architect of the XRP Ledger, revealed that the only reason he would come out of retirement is to work again with Nik Bougalis, a pivotal early Ripple engineer and cryptography patent holder. Bougalis left Ripple in 2022 and is now CTO of the Algorand Foundation, making their reunion unlikely but highly respected. Schwartz retired in early 2026 after 13 years of coding and now advises Ripple selectively. This highlights the strong professional respect between two key figures in competing blockchain ecosystems.

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