The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
Users retain full control over their money without relying on banks.
— Satoshi Nakamoto
Bitcoin transactions are irreversible once included in the blockchain.
— Satoshi Nakamoto
The system is designed to be robust even if some nodes act maliciously.
— Satoshi Nakamoto
No third party is needed to process or verify payments.
— Satoshi Nakamoto
The decentralized network is resistant to censorship or control.
— Satoshi Nakamoto
Bitcoin’s architecture prevents double spending reliably.
— Satoshi Nakamoto
Bitcoin can help build a more open and fair financial system.
— Satoshi Nakamoto
Bitcoin can help build a more open and fair financial system.
— Satoshi Nakamoto
What is needed is an electronic payment system based on cryptographic proof instead of trust.
— Satoshi Nakamoto
The network verifies transaction validity by checking cryptographic signatures.
— Satoshi Nakamoto
The block reward halves approximately every four years to control inflation.
— Satoshi Nakamoto
The system promotes financial privacy through pseudonymity.
— Satoshi Nakamoto
Mining difficulty adjusts to maintain a consistent rate of new blocks despite changes in total network hash power.
— Satoshi Nakamoto
Transaction fees will become the main incentive for miners once the coin generation slows down.
— Satoshi Nakamoto
Nodes always accept the longest valid blockchain as the authoritative ledger.
— Satoshi Nakamoto
It is possible to run a full node and verify transactions independently.
— Satoshi Nakamoto
Nodes reject invalid transactions to maintain network integrity.
— Satoshi Nakamoto
I’ve designed Bitcoin to solve the double-spending problem without a trusted authority or central server.
— Satoshi Nakamoto
Bitcoin’s protocol includes rules to prevent inflation and counterfeiting.
— Satoshi Nakamoto
The network validates transactions independently and transparently.
— Satoshi Nakamoto