ADA Down Despite Cardano’s Launch of ogmios v6.4.0 Upgrade

• Despite the innovative launch of Cardano Ogmios v6.4.0, ADA’s price has experienced a slight decline.
• The launch reflects Cardano’s commitment to expanding blockchain functionality and fostering community participation.

Following the recent update from CNF regarding Cardano’s Project Catalyst and the launch of Fund 11, which allocates 50 million ADA for community-driven initiatives, Cardano has introduced a new release, Cardano Ogmios v6.4.0.

This development, highlighted in an official tweet by Cardano Updates, and detailed further on the GitHub page of Cardano Solutions, showcases Cardano’s commitment to enhancing the functionality and user-friendliness of its blockchain tools.

New Release: cardano-ogmios v6.4.0

Check it out here: https://t.co/mVWMkwZQR9

Released by KtorZ – KtorZ#Cardano $ADA #Koios

— Cardano Updates (@cardano_updates) June 6, 2024

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

• Integration and Compatibility: Fully integrated with cardano-node==8.11.0-pre, the upgrade has been thoroughly tested across diverse network setups, including Mainnet, Preprod, Preview, and SanchoNet.
• Error Handling Enhancements: New error types have been added, such as UnauthorizedGovernanceAction (code=3165) for unauthorized governance activities, and InvalidGenesis (code=2004) for errors in genesis configurations.
• API Updates: Introduction of negative Ada values in transaction error codes 3128 and 3135, along with enhanced TypeScript support for the genesisConfiguration state query.
• Docker Support: The update includes Docker images for both standalone and combined setups with cardano-node, ensuring extensive compatibility across various network environments.

Despite these advancements, Cardano (ADA) is trading at $0.4597, marking a decrease of 0.22% over the past day, although it has registered a 2.36% increase over the past week. This modest downturn occurs amidst broader market adjustments and ongoing developments within the Cardano network.