The system is designed to be trustless and decentralized.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
Bitcoin’s supply schedule is predictable and transparent.
— Satoshi Nakamoto
The concept of proof-of-work was adapted from Hashcash to secure Bitcoin.
— Satoshi Nakamoto
Users can verify their balance and transactions independently.
— Satoshi Nakamoto
Bitcoin is not just a currency, it's a movement.
— Satoshi Nakamoto
Bitcoin is the foundation of a new financial era.
— Satoshi Nakamoto
Bitcoin is a tool for freedom.
— 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
Users can verify transactions without trusting any third party.
— Satoshi Nakamoto
New coins are generated at a decreasing rate, and eventually the total number of coins will reach a limit of 21 million.
— Satoshi Nakamoto
The system discourages centralization by design.
— 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 decentralized nature of the system removes the need for a central clearinghouse.
— Satoshi Nakamoto
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
— Satoshi Nakamoto
The network incentivizes participation through rewards.
— Satoshi Nakamoto
Nodes use a proof-of-work chain to agree on transaction history.
— Satoshi Nakamoto
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto
The steady addition of a constant amount of new coins is analogous to gold miners expending resources to add gold to circulation.
— Satoshi Nakamoto
The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
Bitcoin replaces trust with mathematical proof and network consensus.
— Satoshi Nakamoto