Bitcoin can enable new financial applications and services.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
The network validates transactions independently and transparently.
— Satoshi Nakamoto
The blockchain provides a permanent record of all transactions.
— Satoshi Nakamoto
The blockchain provides a permanent record of all transactions.
— Satoshi Nakamoto
The system is resilient against denial-of-service attacks.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
The block reward halves approximately every four years to control inflation.
— Satoshi Nakamoto
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto
The proof-of-work difficulty is adjusted every 2016 blocks to keep the average time between new blocks at ten minutes.
— Satoshi Nakamoto
The system discourages centralization by design.
— Satoshi Nakamoto
The open source nature of Bitcoin encourages community review and collaboration.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
We have proposed a system for electronic transactions without relying on trust.
— Satoshi Nakamoto
The cryptographic hash function secures the integrity of the blockchain.
— Satoshi Nakamoto
Users can verify transactions without trusting any third party.
— Satoshi Nakamoto
The proof-of-work difficulty is adjusted every 2016 blocks to keep the average time between new blocks at ten minutes.
— Satoshi Nakamoto
Nodes reject blocks and transactions that violate the protocol rules.
— Satoshi Nakamoto
The system is designed to be scalable and efficient.
— Satoshi Nakamoto