Bitcoin’s halving cycle has historically had a strong impact on its price and trading volume. After each halving, which cuts the block reward in half, the reduced supply of new BTC tends to push prices higher, as long as demand remains strong. The anticipation of this event often leads to increased trading volume and speculative activity in the months leading up to and after the halving.
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A smart contract is a self-executing contract with the terms of the agreement directly written into code on a blockchain. Once the predefined conditions are met, the contract automatically executes the agreed-upon actions, such as transferring assets, without the need for intermediaries. Smart contracts are typically used in decentralized applications (dApps) on platforms like Ethereum. They ensure transparency, security, and efficiency by being immutable (cannot be altered once deployed) and decentralized (executed on a distributed network). While they reduce human error and fraud, they also carry risks, such as coding bugs or vulnerabilities that could be exploited.
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Start by researching the team's background. Are the members experienced in blockchain, technology, or relevant industries? A reputable team should have a history of successful projects and a transparent track record. Check their public profiles, such as LinkedIn, and see if they’re involved in the crypto community or have contributed to other well-known projects. Team members should be active, approachable, and willing to answer questions. Red flags include anonymous or unverifiable team members, which can be a sign of a potential scam.
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