The network validates transactions independently and transparently.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
Bitcoin’s monetary policy is set in code and transparent to all.
— Satoshi Nakamoto
Bitcoin transactions are broadcasted to the network for validation.
— Satoshi Nakamoto
Bitcoin solves the double-spending problem with a peer-to-peer network and proof-of-work.
— Satoshi Nakamoto
The software incentivizes miners to follow the protocol by rewarding them with new coins and transaction fees.
— Satoshi Nakamoto
Nodes reject blocks and transactions that violate the protocol rules.
— Satoshi Nakamoto
The network verifies transaction validity by checking cryptographic signatures.
— Satoshi Nakamoto
Nodes reject invalid transactions to maintain network integrity.
— Satoshi Nakamoto
The mining process serves both as a way to issue new coins and secure the network.
— Satoshi Nakamoto
New coins are generated at a decreasing rate, and eventually the total number of coins will reach a limit of 21 million.
— Satoshi Nakamoto
Nodes always consider the longest chain to be the correct one and will keep working on extending it.
— 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 consensus mechanism ensures all nodes agree on the transaction history.
— Satoshi Nakamoto
The cryptographic techniques used are well-tested and secure.
— Satoshi Nakamoto
Users can recover funds using seed phrases for wallet backup.
— Satoshi Nakamoto
Bitcoin wallets store private keys which allow spending of associated coins.
— Satoshi Nakamoto
Bitcoin replaces trust with mathematical proof and network consensus.
— Satoshi Nakamoto
Nodes always accept the longest valid blockchain as the authoritative ledger.
— Satoshi Nakamoto
The protocol supports custom scripts for complex transactions.
— Satoshi Nakamoto
Users maintain control of their private keys at all times.
— Satoshi Nakamoto