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Home » Cardanos ADA price drops despite the launch of Ogmios v640 upgrade
Cardano

Cardanos ADA price drops despite the launch of Ogmios v640 upgrade

By adminJun. 7, 2024No Comments2 Mins Read
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In spite of the exciting release of Cardano Ogmios v6.4.0, the price of ADA has seen a slight decrease.

The launch demonstrates Cardano’s dedication to expanding blockchain capabilities and encouraging community involvement. Following the recent announcement from CNF about Cardano’s Project Catalyst and the introduction of Fund 11, which allocates 50 million ADA for community-driven projects, Cardano has unveiled the latest release, Cardano Ogmios v6.4.0.

This new development, as announced on the official Cardano Updates Twitter account and detailed on the Cardano Solutions GitHub page, highlights Cardano’s commitment to improving the functionality and user experience of its blockchain tools.

Ogmios v6.4.0 serves as a lightweight bridge interface for the cardano-node, bringing significant enhancements to blockchain interactions:

– Integration and Compatibility: Fully integrated with cardano-node==8.11.0-pre, the upgrade has undergone thorough testing on various network setups, including Mainnet, Preprod, Preview, and SanchoNet.
– Error Handling Enhancements: New error types like UnauthorizedGovernanceAction (code=3165) for unauthorized governance actions and InvalidGenesis (code=2004) for issues in genesis configurations have been added.
– API Updates: Introduction of negative Ada values in transaction error codes 3128 and 3135, as well as improved TypeScript support for the genesisConfiguration state query.
– Docker Support: The update includes Docker images for standalone and combined setups with cardano-node, ensuring compatibility across different network environments.

Despite these advancements, the price of Cardano (ADA) is currently at $0.4597, showing a decrease of 0.22% in the last day, but a 2.36% increase over the past week. This slight decline comes amidst market fluctuations and ongoing developments in the Cardano network.

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