The proof-of-work difficulty is adjusted every 2016 blocks to keep the average time between new blocks at ten minutes.

— Satoshi Nakamoto

The system discourages centralization by design.

— Satoshi Nakamoto

The open source nature of Bitcoin encourages community review and collaboration.

— Satoshi Nakamoto

It is possible to run a full node and verify transactions independently.

— Satoshi Nakamoto

We have proposed a system for electronic transactions without relying on trust.

— Satoshi Nakamoto

The cryptographic hash function secures the integrity of the blockchain.

— Satoshi Nakamoto

Users can verify transactions without trusting any third party.

— 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

Nodes reject blocks and transactions that violate the protocol rules.

— Satoshi Nakamoto

The system is designed to be scalable and efficient.

— Satoshi Nakamoto

Bitcoin can help build a more open and fair financial system.

— Satoshi Nakamoto

The decentralized network is resistant to censorship or control.

— Satoshi Nakamoto

Bitcoin’s key innovation is the proof-of-work blockchain.

— Satoshi Nakamoto

The network rewards miners proportional to the computational work they perform.

— Satoshi Nakamoto

Bitcoin’s key innovation is the proof-of-work blockchain.

— Satoshi Nakamoto

Bitcoin can provide a new form of money free from censorship.

— Satoshi Nakamoto

Users maintain control of their private keys at all times.

— Satoshi Nakamoto

The cryptographic techniques used are well-tested and secure.

— Satoshi Nakamoto

Bitcoin removes the need for trusted intermediaries.

— Satoshi Nakamoto

Bitcoin can provide a new form of money free from censorship.

— Satoshi Nakamoto

Users can spend and receive Bitcoin without permission.

— Satoshi Nakamoto