Users can verify transactions without trusting any third party.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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
The mining competition secures the network against attacks.
— Satoshi Nakamoto
The software incentivizes miners to follow the protocol by rewarding them with new coins and transaction fees.
— Satoshi Nakamoto
Users can create multi-signature wallets for enhanced security.
— Satoshi Nakamoto
Bitcoin’s monetary policy is set in code and transparent to all.
— Satoshi Nakamoto
Users can create multiple addresses to increase privacy.
— Satoshi Nakamoto
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
— Satoshi Nakamoto
The proof-of-work function is intentionally hard to compute but easy to verify.
— Satoshi Nakamoto
The root problem with conventional currency is all the trust that’s required to make it work.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
Users can verify their balance and transactions independently.
— Satoshi Nakamoto
The network nodes form a decentralized network without a central authority.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
We can win a major battle in the arms race and gain a new territory of freedom for several years.
— Satoshi Nakamoto
Simplified Payment Verification (SPV) allows payment verification without running a full network node.
— Satoshi Nakamoto
Bitcoin addresses are derived from public keys through a hashing process.
— Satoshi Nakamoto
Bitcoin’s security model relies on proof-of-work, which is costly and difficult to fake.
— Satoshi Nakamoto
Bitcoin’s protocol includes rules to prevent inflation and counterfeiting.
— Satoshi Nakamoto
The decentralized nature makes Bitcoin resilient to attacks.
— Satoshi Nakamoto