A blockchain fork happens when two miners solve a block at nearly the same time.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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 network nodes form a decentralized network without a central authority.
— Satoshi Nakamoto
Bitcoin addresses are derived from public keys through a hashing process.
— Satoshi Nakamoto
Bitcoin transactions are broadcasted to the network for validation.
— Satoshi Nakamoto
Nodes reject blocks and transactions that violate the protocol rules.
— Satoshi Nakamoto
Nodes always consider the longest chain to be the correct one and will keep working on extending it.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
Bitcoin removes the need for trusted intermediaries.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
The consensus mechanism ensures all nodes agree on the transaction history.
— Satoshi Nakamoto
The design enables trustless transfer of value over the internet.
— Satoshi Nakamoto
The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
Users can create multiple addresses to increase privacy.
— Satoshi Nakamoto
To modify a past block, an attacker would have to redo the proof-of-work of that block and all blocks after it.
— Satoshi Nakamoto
Bitcoin’s protocol includes rules to prevent inflation and counterfeiting.
— Satoshi Nakamoto
The network runs 24/7 with no downtime or centralized control.
— Satoshi Nakamoto
Bitcoin’s architecture prevents double spending reliably.
— Satoshi Nakamoto
Bitcoin can enable financial inclusion for the unbanked.
— Satoshi Nakamoto