The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
Bitcoin can provide financial services to those without banks.
— Satoshi Nakamoto
If a majority of CPU power is controlled by honest nodes, the honest chain will grow the fastest and outpace any competing chains.
— Satoshi Nakamoto
The design enables trustless transfer of value over the internet.
— Satoshi Nakamoto
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
— Satoshi Nakamoto
Bitcoin transactions are broadcasted to the network for validation.
— Satoshi Nakamoto
Bitcoin is the first decentralized digital currency with practical utility.
— Satoshi Nakamoto
Bitcoin’s decentralized design removes single points of failure.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
Bitcoin is designed to resist government interference and control.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
Users can generate new key pairs without contacting any central authority.
— Satoshi Nakamoto
The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes.
— Satoshi Nakamoto
The difficulty retargeting algorithm adapts to changes in mining power.
— Satoshi Nakamoto
Users can verify transactions without trusting any third party.
— Satoshi Nakamoto
The security of the system depends on honest majority of mining power.
— Satoshi Nakamoto
The use of digital signatures provides strong authentication for transactions.
— Satoshi Nakamoto
Bitcoin’s decentralized design removes single points of failure.
— Satoshi Nakamoto
Bitcoin can provide financial services to those without banks.
— Satoshi Nakamoto
What is needed is an electronic payment system based on cryptographic proof instead of trust.
— Satoshi Nakamoto