The block reward halves approximately every four years to control inflation.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
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
It’s the separation of money and state.
— Satoshi Nakamoto
I’ve designed Bitcoin to solve the double-spending problem without a trusted authority or central server.
— Satoshi Nakamoto
Mining difficulty adjusts to maintain a consistent rate of new blocks despite changes in total network hash power.
— Satoshi Nakamoto
Users can verify their balance and transactions independently.
— Satoshi Nakamoto
Bitcoin’s scripting system enables programmable transactions.
— Satoshi Nakamoto
The blockchain is a tamper-evident record of transactions.
— Satoshi Nakamoto
The network is robust in its unstructured simplicity.
— Satoshi Nakamoto
The mining competition secures the network against attacks.
— Satoshi Nakamoto
No third party is needed to process or verify payments.
— Satoshi Nakamoto
Bitcoin is designed to resist government interference and control.
— 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 block chain is a public ledger of all transactions in the network.
— Satoshi Nakamoto
Privacy in Bitcoin comes from pseudonymity rather than full anonymity.
— Satoshi Nakamoto
Bitcoin’s security model relies on proof-of-work, which is costly and difficult to fake.
— Satoshi Nakamoto
Bitcoin can provide a new form of money free from censorship.
— Satoshi Nakamoto
Bitcoin is a tool for freedom.
— Satoshi Nakamoto
The protocol evolves through community consensus and BIPs (Bitcoin Improvement Proposals).
— Satoshi Nakamoto
The network nodes form a decentralized network without a central authority.
— Satoshi Nakamoto