TLDR
Coinbase’s Base Layer 2 network has gone open source to promote transparency and community contribution. This move simplifies development tasks and promotes collaboration.
Optimism (OP), the Ethereum layer 2 network, is scheduled for a significant token release on October 30, 2023, matching the value of previous releases.
NuggetRush (NUGX) is a community-driven blockchain game that offers P2E and NFT opportunities. It focuses on building strong communities and real value in underserved areas.
Coinbase’s Base Layer 2 network recently open sourced its code repository to increase transparency and encourage public contributions. Meanwhile, Optimism (OP) is preparing to launch a large-scale token, creating interest in the cryptocurrency market.
yet Nugget Rush (NUGX) appeared. Community-oriented blockchain game, combining play-to-earn opportunities with NFT innovation. Let’s find out what these developments mean for the dynamic and multifaceted cryptocurrency space.
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Coinbase’s Base has gone open source, improving transparency and development.
The Coinbase-incubated Base Layer 2 network recently made its code repository open source. The move aims to increase transparency and encourage public contribution to the project. Developers can now access Base’s core code to simplify tasks from contract management to deployment.
Base’s decision to make its code public aims to engage the broader developer community and leverage their collective expertise to strengthen its infrastructure. It also provides a platform for feedback, revealing undetected bugs and areas that potentially need improvement.
An essential context is the partnership between Base and Optimism on the Ethereum-based OP stack. Anika Raghuvanshi, Principal Software Engineer at Base, highlights the company’s continued support for open source initiatives that align with its vision of a decentralized and inclusive technology platform.
Especially in the cryptocurrency sector, open source is used for a variety of purposes. Base provides transparency into on-chain activity when smart contract repositories are shared publicly on platforms such as GitHub. This transparency can accelerate community-led audits, leading to faster vulnerability fixes.
On that note, Base introduced developer incentives by announcing a bounty program via: Coinbase HackerOneRewards of up to $1 million are available for identifying codebase vulnerabilities.
Launch of OP (Optimism) token creates interest in cryptocurrency market
Optimism (OP), the Ethereum layer 2 rollup network, has another token launch scheduled for October 30, 2023.
After 14.16 million Optimism (OP) tokens worth approximately $32 million were unlocked on September 30, the upcoming release will also have the same value. In anticipation of this event, the token rose 5% on October 24, driven by overall positive sentiment in the cryptocurrency market due to Bitcoin’s surge. Operating profit also soared in July due to token unlocking.
The unlock represents 2.74% of Optimism (OP)’s circulating supply, making it a significant event with potential price implications. According to Token Unlocks data, 18.04% of Optimism (OP) tokens, or a total of 774.78 million OP, have already been unlocked. Meanwhile, approximately 1.06 billion Optimism (OP) tokens, or 24.75% of the total supply, remain locked.
According to data from Optimism, the current OP token allocation is as follows: 23.6% to core contributors, 23.6% to airdrop beneficiaries, and 21.1% to investors.
On October 25, 2023, Optimism (OP) was trading at $1.37. Experts say Optimism (OP) will rise to $1.52 by the end of the year, thanks to the bullish momentum in the overall cryptocurrency market.
NuggetRush (NUGX) ushers in a new era of Play-to-Earn gaming.
Nugget Rush (NUGX) It is a community-driven blockchain game designed for P2E (Play-to-Earn) enthusiasts and NFT enthusiasts. Going beyond traditional meme coins and P2E games, the project is committed to building a strong community and delivering real value, especially to underserved areas.
NuggetRush (NUGX) inherently hosts dynamic markets and immersive gameplay, providing investors with an exciting opportunity to generate passive income.
Meme Coin has evolved to provide real, real-world benefits by leveraging cutting-edge technology in its operations. Among the latest entrants to this dynamic market is NuggetRush (NUGX).
NuggetRush offers thrilling gameplay and potential profit growth, attracting traders who are attracted to NUGX’s unique ecosystem. These features and components make it a good cryptocurrency to buy today.
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Interestingly, NuggetRush (NUGX), a community-owned Play-to-Earn blockchain game, seamlessly integrates gaming and finance. This meme coin introduces a multifaceted ecosystem that blends gold mining, cryptocurrency, and innovative gaming.
Built on the Ethereum (ETH) blockchain, NuggetRush (NUGX) provides transparency, security, and diverse player opportunities globally.
Currently, NuggetRush’s cryptocurrency ICO is in the first phase of pre-sale, with NUGX tokens trading at $0.010 each. Analysts say now is the best time to buy as the value of NuggetRush (NUGX) will rise to $0.012 on November 3, reaching a listing price of $0.020, a 100% return on the current price. Therefore, NUGX is the best cryptocurrency investment for 2023.
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