SchBit – School Bitcoin

So, what are liquidity pools, how do they work?

On 21.10.2021 by SchBit

So, what are liquidity pools, how do they work? And why do we need them in decentralized finance? Also, what are the differences between liquidity pools across different protocols? Such as: Uniswap, Balancer or Curve. We will be going through all of this in this video.

No comment

Heaters Hotmine CM-1 – lost profit calculator

On 26.05.2020 by SchBit

You have heating equipment that is a vacuum cleaner for your money. If you used heaters for heating Hotmine CM-1 Smart Heater, what profit would you get? Use a calculator to calculate The calculation results correspond to reality as much as possible….

No comment

Alternative heating your house – mining heaters

On 23.05.2020 by SchBit

The problem of central regulation The global economic crisis, the coronavirus horror, the crisis in the energy sector and, as a result, increasing of the utility tariffs for the population – all these factors are the consequence of the intervention of the…

No comment

Bitcoin mining & Electricity Surplus Crisis

On 20.05.2020 by SchBit

The problem of redistribution of electricity in the context of the global financial crisis The threat of the global financial crisis has been written and discussed for several years in a row in world famous economic journals and at international economic forums….

No comment

What will Bitcoin Core 1.0 look like

On 29.11.2018 by SchBit

“What would Bitcoin Core 1.0 look like? I believe Satoshi first ran bitcoind 0.1. With all of the years [behind it] so far, any ideas about what Bitcoin Core 1.0 could possibly look like?” Right now, we are at version 0.17. I…

No comment

The 421-year-old palace in Malta is sold only for bitcoins

On 24.11.2018 by SchBit

Malta, undoubtedly, managed to position itself as one of the most friendly countries to bitcoin and other cybercriminals. Despite the decline of bitcoin, the owner of the palace valued at $ 3 million in Valletta, Malta, refuses to accept anything other than…

No comment

Do crypto-banks threaten hard money

On 22.11.2018 by SchBit

Hi, Andreas. The hard money aspect of Bitcoin has the potential to remove from governments…the ability to steal their citizens’ wealth through inflation, in order to fund corruption and wars. I’m wondering, do you feel that custodial wallets and “bitcoin banks” may…

No comment

Initial blockchain download

On 21.11.2018 by SchBit

Becker asks. Downloading the blockchain.It is a beginner’s question. Very good. Thank you for asking beginner’s questions. That’s really really useful as a lot of people who need the basic information and beginners questions are perfect for this Q&A. Becker asks: “why…

No comment

What are Bulletproofs

On 15.11.2018 by SchBit

Zoltan asks: “What are bulletproofs? A team of researchers has published a paper entitled”Bulletproof. Short proofs of confidential transactions and more”It’s described bullet proofs as a new non interactive zero knowledge proof protocol is very short proof without a trusted setup.What does…

No comment