The difficulty retargeting algorithm adapts to changes in mining power.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
Bitcoin is a network of nodes collectively maintaining a ledger.
— Satoshi Nakamoto
The block chain is a public ledger of all transactions in the network.
— Satoshi Nakamoto
Bitcoin’s supply schedule is predictable and transparent.
— Satoshi Nakamoto
The software and network protocols are open source.
— Satoshi Nakamoto
The network is robust in its unstructured simplicity.
— Satoshi Nakamoto
It’s the separation of money and state.
— Satoshi Nakamoto
The network validates transactions independently and transparently.
— Satoshi Nakamoto
The network incentivizes participation through rewards.
— Satoshi Nakamoto
The mining process serves both as a way to issue new coins and secure the network.
— Satoshi Nakamoto
Bitcoin is censorship-resistant by design.
— Satoshi Nakamoto
Users can verify their balance and transactions independently.
— Satoshi Nakamoto
I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.
— Satoshi Nakamoto
The system is designed to be trustless and decentralized.
— Satoshi Nakamoto
Nodes use a proof-of-work chain to agree on transaction history.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
Trust is replaced by mathematical proof and decentralized consensus.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
Bitcoin is the foundation of a new financial era.
— Satoshi Nakamoto