NewsletterCardano (ADA) Unleashes Latest “ogmios v6.4.0” Upgrade, Changes, and Price Action
Highlights
- Cardano has launched a new upgrade with focus on developer functionality
- The upgrade's impact on ADA is currently non-existent as the coin is down at press time
- Cardano has continued to evolve, a move that might spark upside for the coin in the long term
In keeping with its culture as the most developed blockchain, Cardano (ADA) developers have unleashed the latest ogmios v6.4.0 upgrade. This upgrade comes with new features that hinge on providing accurate error feedback when conducting some developer functions.
Cardano Upgrade: What Is New?
This latest Cardano ogmios v6.4.0 upgrade has more impact on developers than it will on the end users. The update was released by ecosystem developer ktorZ and the documentation shows it has been integrated with cardano-node==8.11.0-pre.
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
One of the major changes is the introduction of new transaction submission or evaluation error. With this change, a very defined error message dubbed “UnauthorizedGovernanceAction” will be shown when developers try to “submit a governance action other than protocol parameters change, hard fork initiation or info during the bootstrapping phase of the Conway era.”
The second important upgrade change hinges on the addition of a new queryNetwork error. This is activated as code=2004 and is “raised when trying to query a genesis configuration which is invalid or missing (for instance, when there’s a mismatch between the Conway configuration and the underlying ledger library parsing it.”
This ogmios v6.4.0 is important because it helps define the functionality of Cardano to foster developer efficiency. Depending on the error message returned when dealing with the protocol, developers can get an easier fix, cut building time and enhance the overall network growth.
This upgrade currently have a level of durability as the GitHub repository highlighted that it has been tested on testnet and mainnet respectively. While the testnet used is SanchoNet, the upgrade has also passed through Mainnet, Preprod, Preview.
Can This Upgrade Bootstrap ADA Price?
Upgrades in general as Cardano is known for have a positive impact on the price of ADA. However, the current broader market sentiment plays a very definitive role in shaping the price of Cardano. At the time of writing, the coin is priced for $0.4548, down by 1.51% in 24 hours.
Cardano is always evolving with smart contracts boom and some of the upgrades the protocol has unveiled in the past with direct impact on users have proven to have a bigger impact in shaping price growth in the long term. At the moment, ADA’s rebirth will have to hinge on more drastic updates like the partnership move between Cardano Foundation and Argentina as reported by Coingape earlier this week.
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