Cardano (ADA) Unleashes Latest “ogmios v6.4.0” Upgrade, Changes, and Price Action

As a researcher with a background in blockchain technology and experience in following the developments of various cryptocurrencies, I am excited about the latest Cardano (ADA) ogmios v6.4.0 upgrade. This update is significant for developers as it provides more accurate error feedback when conducting certain functions, which will ultimately lead to increased efficiency and network growth.


According to its advanced blockchain heritage, the Cardano (ADA) development team has introduced the newest Ogmios v6.4.0 update. This update brings forth innovative features, primarily enhancing the precision of error messages during certain developer operations.

Cardano Upgrade: What Is New?

The most recent Cardano OGMIO v6.4.0 modification, introduced by ecosystem developer ktorZ, carries a greater significance for developers compared to end users. According to the accompanying documentation, this update has been merged with cardano-node equal to 8.11.0-pre.

New Release: cardano-ogmios v6.4.0
Check it out here:
Released by KtorZ – KtorZ#Cardano $ADA #Koios
— Cardano Updates (@cardano_updates) June 6, 2024

One significant modification introduces new types of transaction errors for submission or evaluation. Among these new errors is a specifically labeled message named “UnauthorizedGovernanceAction.” This error message will appear when developers attempt to perform a governance action other than changing protocol parameters, initiating a hard fork, or providing information during the Conway era’s initial phase.

“The second significant modification depends on introducing a new queryNetwork error. This error occurs when attempting to query an invalid or missing genesis configuration, such as when there’s a discrepancy between the Conway configuration and the underlying ledger library interpreting it, resulting in an error code of 2004.”

As a researcher studying the Cardano blockchain, I can’t stress enough the significance of the OGMIO v6.4.0 update. This version plays a crucial role in clarifying the capabilities of Cardano, thereby improving developer productivity. When encountered with protocol-related issues, developers will receive more straightforward error messages, which translates to quicker resolutions and reduced development time. Ultimately, these advancements contribute to a stronger and more robust Cardano network.

As a researcher, I’ve examined the upgrade’s durability based on the information provided in the GitHub repository. The upgrade underwent testing on the SanchoNet testnet and successfully passed through Mainnet, Preprod, and Preview networks as well.

Can This Upgrade Bootstrap ADA Price?

Cardano’s upgrades typically boost the value of its native currency, ADA. Nevertheless, the overall market mood significantly influences the price of Cardano. At present, ADA is trading at $0.4548, representing a 1.51% decrease over the past 24 hours.

Cardano continues to develop and adapt with the surge of smart contracts, and past upgrades have significantly influenced the price trend over the long term. Currently, the future success of ADA relies on major advancements such as the recent partnership between the Cardano Foundation and Argentina, as announced by Coingape this week.

 

Read More

2024-06-06 23:12