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.

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.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Latest posts

post-thumbnail
The Race for ETF Approval Begins: It’s Not the Time to be Bearish on XRP & Solana—But Here’s a Twist
The post The Race for ETF Approval Begins: It’s Not the Time to be Bearish on XRP & Solana—B...
READ MORE
post-thumbnail
Grayscale’s $69M Bitcoin Transfer Sparks Market Concerns
The post Grayscale’s $69M Bitcoin Transfer Sparks Market Concerns appeared first on Coinpedia Fint...
READ MORE
post-thumbnail
Dogecoin and Shiba Inu Poised for Major Comeback: Will SHIB and DOGE Prices Hold Momentum?
The post Dogecoin and Shiba Inu Poised for Major Comeback: Will SHIB and DOGE Prices Hold Momentum? ...
READ MORE
post-thumbnail
Trump to Announce Reciprocal Tariffs by Today
The post Trump to Announce Reciprocal Tariffs by Today appeared first on Coinpedia Fintech News Dona...
READ MORE
post-thumbnail
Solana Spot ETF Approval Odds Drop to 35% 
The post Solana Spot ETF Approval Odds Drop to 35%  appeared first on Coinpedia Fintech News Polyma...
READ MORE
post-thumbnail
Just In: CFTC Plans CEO Forum to Discuss Crypto Pilot Program
The post Just In: CFTC Plans CEO Forum to Discuss Crypto Pilot Program appeared first on Coinpedia F...
READ MORE
Read more posts