The protocol supports lightweight clients using Simplified Payment Verification.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
The protocol supports custom scripts for complex transactions.
— Satoshi Nakamoto
Mining requires significant energy expenditure to secure the network.
— Satoshi Nakamoto
Bitcoin’s protocol includes rules to prevent inflation and counterfeiting.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
Open source development allows anyone to audit and improve the code.
— Satoshi Nakamoto
The system is designed to be trustless and decentralized.
— Satoshi Nakamoto
Bitcoin is a network of nodes collectively maintaining a ledger.
— Satoshi Nakamoto
The system is designed to work without trust in any central party.
— Satoshi Nakamoto
The blockchain provides a permanent record of all transactions.
— Satoshi Nakamoto
The protocol supports lightweight clients using Simplified Payment Verification.
— Satoshi Nakamoto
Bitcoin transactions are irreversible and final once confirmed.
— 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
The decentralized nature makes Bitcoin resilient to attacks.
— Satoshi Nakamoto
Bitcoin is a network of nodes collectively maintaining a ledger.
— Satoshi Nakamoto
The community ensures the software remains secure and up-to-date.
— Satoshi Nakamoto
The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes.
— Satoshi Nakamoto
The network verifies transaction validity by checking cryptographic signatures.
— Satoshi Nakamoto
Users can create multi-signature wallets for enhanced security.
— Satoshi Nakamoto
Bitcoin can be used for remittances with low fees and fast settlement.
— Satoshi Nakamoto