The system discourages centralization by design.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
It’s the separation of money and state.
— Satoshi Nakamoto
The community actively develops and improves the protocol.
— Satoshi Nakamoto
The system rewards nodes that follow the rules and punishes cheating.
— Satoshi Nakamoto
Open source development allows anyone to audit and improve the code.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
Users can generate new key pairs without contacting any central authority.
— Satoshi Nakamoto
Bitcoin can protect users from inflationary monetary policies.
— Satoshi Nakamoto
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
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto
Bitcoin is the first decentralized digital currency with practical utility.
— Satoshi Nakamoto
The proof-of-work function is intentionally hard to compute but easy to verify.
— Satoshi Nakamoto
Users retain full sovereignty over their funds.
— Satoshi Nakamoto
Users can recover funds using seed phrases for wallet backup.
— Satoshi Nakamoto
Bitcoin is censorship-resistant by design.
— Satoshi Nakamoto
The community ensures the software remains secure and up-to-date.
— Satoshi Nakamoto
Bitcoin can enable new financial applications and services.
— Satoshi Nakamoto
A blockchain fork happens when two miners solve a block at nearly the same time.
— Satoshi Nakamoto
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
The network nodes form a decentralized network without a central authority.
— Satoshi Nakamoto