"Cardano Innovation: Technical breakthroughs and market prospects brought by Ogmios v6.4.0 upgrade"
The highlights of Cardano’s latest Ogmios v6.4.0 upgrade are as follows:
- **Developer Experience**: This upgrade aims to improve developer functions and governance transparency, making the developer experience smoother.
- **NEW FEATURE**: A new transaction submission error "UnauthorizedGovernanceAction" has been introduced to warn developers when an unauthorized governance action is attempted during the launch phase of Conway Era.
- **Error Feedback**: Added new queryNetwork error, code=2004, for handling invalid or missing genesis configuration.
- **Market Impact**: While the immediate impact of this upgrade on ADA prices appears to be minimal, it may bring greater benefits in the long term.
- **Development Efficiency**: Clearer error messages and more explicit protocol functionality help resolve issues quickly, reduce development time, and promote network growth.
- **Tested Durability**: The GitHub repository confirms the tested durability of the upgrade on various network settings, including SanchoNet, Mainnet, Preprod, and Preview.
- **Long-Term Potential**: As Cardano continues to develop and optimize its ecosystem, the cumulative effect of these updates may have a positive impact on ADA’s market value.
This upgrade underscores Cardano’s commitment to development and governance clarity. While the immediate impact on ADA prices is limited, the long-term potential remains positive with further enhancements and collaborations, such as the recent one with Argentina. Investors should continue to monitor ongoing updates and broader market trends to evaluate
$ADA 's direction.
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