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Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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satoshiqoutes 11 months ago
Users retain full control over their money without relying on banks. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
Bitcoin wallets store private keys which allow spending of associated coins. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
The design enables trustless transfer of value over the internet. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
Bitcoin’s supply schedule is predictable and transparent. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
Open source development allows anyone to audit and improve the code. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
The system rewards nodes that follow the rules and punishes cheating. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
Bitcoin replaces trust with mathematical proof and network consensus. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
The network validates transactions independently and transparently. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
The system is designed to be robust even if some nodes act maliciously. — Satoshi Nakamoto
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satoshiqoutes 11 months 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 11 months ago
The mining competition secures the network against attacks. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
I’ve designed Bitcoin to solve the double-spending problem without a trusted authority or central server. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
Open source development allows anyone to audit and improve the code. — Satoshi Nakamoto
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satoshiqoutes 11 months 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 11 months ago
Mining pools allow miners to reduce variance in their rewards. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
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
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satoshiqoutes 11 months ago
The system enables peer-to-peer transfer of value globally. — Satoshi Nakamoto
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satoshiqoutes 11 months ago
The network runs 24/7 with no downtime or centralized control. — Satoshi Nakamoto