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David Schwartz Explains Why He's Not Leaving Ripple

Sun, 10/23/2022 - 08:40
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Alex Dovbnya
In a recent tweet, Ripple CTO David Schwartz has signaled that he is not willing to leave the company
David Schwartz Explains Why He's Not Leaving Ripple
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In his recent tweet, David Schwartz, Ripple’s chief technology officer, has signaled that he is not willing to leave the company.  

Schwartz says he would “kind of like” starting a new project from scratch. The executive says that there are a lot of new things that he would like to work on. However, he doesn’t want to make a merely perfunctory effort. Schwartz confessed that he no longer has the passion necessary to kick off a new major project. 

Ripple’s “trillion-dollar man,” who is the architect behind the XRP Ledger, says that he doesn’t feel like working for 50 hours per week for the next two years.  “I just don't feel up to that anymore,” he said. 

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Schwarz claims that he had such an intense work schedule when he was working on the XRPL together with Stefan Thomas, Arthur Britto, and Chris Larsen. However, he doesn’t think that he will be able to able to lead such a massive project again. 

Speaking of his job at Ripple, Schwartz says that he likes the fact that the company makes it possible for him to work with cutting-edge technologies and build not-yet-decided products.

Ripple loses a veteran cryptographer 

On Oct. 21, veteran cryptographer Nik Bougalis said that he was parting ways with Ripple. Bougalis had spent roughly a decade working on the XRP ledger. He described his journey as “amazing,” adding that he is grateful to Schwartz,  Britto, and other teammates. 

Schwartz says that he is “sad” that he won’t be able to work with Bougalis anymore, but he is glad that his former colleague is now moving forward. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at