The block reward halves approximately every four years to control inflation.
— Satoshi Nakamoto
The protocol is designed to prevent double spending without a central authority.
— Satoshi Nakamoto
Bitcoin’s design is inspired by decades of cryptographic research.
— Satoshi Nakamoto
The system enables peer-to-peer transfer of value globally.
— Satoshi Nakamoto
The software and network protocols are open source.
— Satoshi Nakamoto
Bitcoin’s decentralized design removes single points of failure.
— Satoshi Nakamoto
Bitcoin is the first decentralized digital currency with practical utility.
— Satoshi Nakamoto
The block chain is a public ledger of all transactions in the network.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
Bitcoin’s decentralized design removes single points of failure.
— Satoshi Nakamoto
The use of digital signatures provides strong authentication for transactions.
— Satoshi Nakamoto
Users can verify transactions without trusting any third party.
— Satoshi Nakamoto
The cryptographic hash function secures the integrity of the blockchain.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
Bitcoin can help build a more open and fair financial system.
— Satoshi Nakamoto
Bitcoin can protect users from inflationary monetary policies.
— Satoshi Nakamoto
The system is designed to be trustless and decentralized.
— Satoshi Nakamoto
Bitcoin’s protocol includes rules to prevent inflation and counterfeiting.
— Satoshi Nakamoto
The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
The system removes the risk of chargebacks or payment reversals.
— Satoshi Nakamoto