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Home » Cardanos ADA Drops in Value Following Launch of Ogmios v640 Upgrade
Cardano

Cardanos ADA Drops in Value Following Launch of Ogmios v640 Upgrade

By adminJun. 7, 2024No Comments2 Mins Read
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Cardanos ADA Drops in Value Following Launch of Ogmios v640 Upgrade
Cardanos ADA Drops in Value Following Launch of Ogmios v640 Upgrade
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Despite the exciting release of Cardano Ogmios v6.4.0, there has been a slight dip in the price of ADA. This launch demonstrates Cardano’s dedication to advancing blockchain capabilities and encouraging community involvement.

Recently, Cardano announced Project Catalyst and the launch of Fund 11, which sets aside 50 million ADA for community-led projects. In response to this, Cardano has unveiled the latest release, Cardano Ogmios v6.4.0. This update, shared on Cardano Updates’ official tweet and detailed on Cardano Solutions’ GitHub page, showcases the platform’s commitment to improving the functionality and user experience of its blockchain tools.

Ogmios v6.4.0 serves as a lightweight 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 been extensively tested on Mainnet, Preprod, Preview, and SanchoNet.
– Error Handling Enhancements: New error types like UnauthorizedGovernanceAction (code=3165) and InvalidGenesis (code=2004) have been introduced.
– API Updates: Negative Ada values in transaction error codes 3128 and 3135 have been added, along with improved TypeScript support for the genesisConfiguration state query.
– Docker Support: Docker images for standalone and combined setups with cardano-node ensure compatibility across different network environments.

Despite these advancements, ADA is currently trading at $0.4597, representing a 0.22% decrease in the past day. However, there has been a 2.36% increase over the past week. This slight decline comes amid overall market fluctuations and ongoing developments within the Cardano network.

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