The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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
Bitcoin can help build a more open and fair financial system.
— Satoshi Nakamoto
The decentralized network is resistant to censorship or control.
— Satoshi Nakamoto
Bitcoin’s key innovation is the proof-of-work blockchain.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
Bitcoin’s key innovation is the proof-of-work blockchain.
— Satoshi Nakamoto
Bitcoin can provide a new form of money free from censorship.
— Satoshi Nakamoto
Users maintain control of their private keys at all times.
— Satoshi Nakamoto