The mining process serves both as a way to issue new coins and secure the network.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
The design enables trustless transfer of value over the internet.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
Bitcoin’s scripting system enables programmable transactions.
— Satoshi Nakamoto
Bitcoin’s scripting system enables programmable transactions.
— Satoshi Nakamoto
The system is designed to work without trust in any central party.
— Satoshi Nakamoto
The network validates transactions independently and transparently.
— Satoshi Nakamoto
The blockchain is a tamper-evident record of transactions.
— Satoshi Nakamoto
Users can verify their balance and transactions independently.
— Satoshi Nakamoto
The concept of proof-of-work was adapted from Hashcash to secure Bitcoin.
— Satoshi Nakamoto
Transaction fees incentivize miners as the block reward decreases.
— Satoshi Nakamoto
The system is designed to be trustless and decentralized.
— 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 protocol uses elliptic curve cryptography for keys.
— Satoshi Nakamoto
The steady addition of a constant amount of new coins is analogous to gold miners expending resources to add gold to circulation.
— Satoshi Nakamoto
Bitcoin is the foundation of a new financial era.
— Satoshi Nakamoto
The network runs 24/7 with no downtime or centralized control.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
The network is robust in its unstructured simplicity.
— Satoshi Nakamoto
No third party is needed to process or verify payments.
— Satoshi Nakamoto