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Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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satoshiqoutes 2 weeks ago
Bitcoin is not just a currency, it's a movement. — Satoshi Nakamoto
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satoshiqoutes 2 weeks ago
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
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satoshiqoutes 2 weeks ago
The network validates transactions independently and transparently. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Bitcoin’s monetary policy is set in code and transparent to all. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Bitcoin transactions are broadcasted to the network for validation. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Bitcoin solves the double-spending problem with a peer-to-peer network and proof-of-work. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The software incentivizes miners to follow the protocol by rewarding them with new coins and transaction fees. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Nodes reject blocks and transactions that violate the protocol rules. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The network verifies transaction validity by checking cryptographic signatures. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Nodes reject invalid transactions to maintain network integrity. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The mining process serves both as a way to issue new coins and secure the network. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
New coins are generated at a decreasing rate, and eventually the total number of coins will reach a limit of 21 million. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Nodes always consider the longest chain to be the correct one and will keep working on extending it. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The consensus mechanism ensures all nodes agree on the transaction history. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
The cryptographic techniques used are well-tested and secure. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Users can recover funds using seed phrases for wallet backup. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Bitcoin wallets store private keys which allow spending of associated coins. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Bitcoin replaces trust with mathematical proof and network consensus. — Satoshi Nakamoto
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satoshiqoutes 3 weeks ago
Nodes always accept the longest valid blockchain as the authoritative ledger. — Satoshi Nakamoto