After years as one of the main engineers behind the XRP Ledger, Nik Bougalis is now officially the chief technology officer at the Algorand Foundation. The announcement closed the chapter on a long guessing game about where he would land after leaving Ripple in 2022. His CV speaks for itself. With close to 10 years at Ripple, he ran the teams that built and maintained the XRP Ledger codebase, with three patents in cryptography along the way.