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Avalanche introduces the Durango upgrade for enhanced interoperability, Litecoin prepares for a transactional efficiency boost, and NuggetRush’s ICO excites with a mining adventure game.
In a bid for technological advancement within the crypto sphere, Avalanche (AVAX) and Litecoin (LTC) have announced significant updates aimed at improving interoperability and transaction processes, respectively.
Meanwhile, NuggetRush (NUGX) emerges in the ICO landscape, offering a unique gaming experience centered around a digital mining adventure. These developments highlight the ongoing innovation and potential for increased investor interest in these projects.
Durango upgrade: Enhancing interoperability in Avalanche’s ecosystem
Avalanche’s (AVAX) development team confirmed the launch of the Durango upgrade on March 7, 2024, and introduced the Teleporter tool. This tool enhances interoperability within Avalanche’s (AVAX) ecosystem.
Teleporter, unveiled on March 7, is a tool designed on Avalanche Warp Messaging (AWM) and implemented on Avalanche’s Ethereum Virtual Machine (EVM) compatible network, called C-Chain.
The tool facilitates the sharing of different data types, such as cryptos, oracle price feed data, and non-fungible tokens (NFTs) across Avalanche (AVAX) subnets.
Interestingly, the Durango upgrade in Avalanche (AVAX) represents a considerable update to the network, introducing multiple changes and enhancements. According to crypto news highlights, the upgrade impacts different aspects of the network, including developer responsibilities and staking migration.
The upgrade impacts different aspects of Avalanche (AVAX), including staking migration and developer responsibilities.
Through the implementation of Durango, the management of staking functionality was transferred to Avalanche’s (AVAX) wallet.
On March 10, 2024, AVAX was valued at $43.05, up 0.83% in the past week. Experts say AVAX will rise to $46.15 in March, supported by developments on its network. Hence, AVAX is a good crypto to buy today.
Litecoin’s upgrade: Impact of PSBTs and MimbleWimble extension block
Litecoin is getting ready to welcome a massive upgrade into its network that might impact the price of its native asset.
Based on the official announcement published on X, Litecoin highlighted the imminent upgrade on Litecoin Core v0.21.3, which would help leverage Partially Signed Bitcoin Transactions (PSBTs) as one of the features to be unveiled.
PSBTs is a technology normally used by hardware wallets as a standardized format for passing around in-process transactions. Hardware wallets readily distinguish between signing and transaction with the PSBTs.
The technology has been structured to accommodate MimbleWimble Extension Block (MWEB) transaction components. In the long term, the MWEB support and other future upgrades will contribute to boosting Litecoin’s value and enhancing its privacy and security. It might also impact Litecoin’s, although the extent of the effect is not certain.
Litecoin’s community is yet to get excited by this development, with LTC struggling to rise. On March 10, Litecoin was trading at $88.34, down 2.56% in the past week.
Experts say Litecoin will rise to $94.75 in March, supported by development on its network.
NuggetRush: Revolutionizing gaming with mining adventure
Entering the gaming and crypto intersection, NuggetRush (NUGX) introduces an ICO for a hyper-realistic digital mining game. Utilizing special character NFTs, players are tasked with building prosperous mining operations, showcasing the blend of gaming and blockchain technology to create immersive and potentially lucrative experiences.
The token is currently in its Launchpad round of the presale, valued at $0.019. By the end of this round, NuggetRush’s value will increase to its listing price of $0.020. This project has sold over 220 million NUGX tokens and raised over $2.9 million.
Visit NuggetRush Presale Website
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This article first appeared at crypto.news
