The software incentivizes miners to follow the protocol by rewarding them with new coins and transaction fees.
— Satoshi Nakamoto
Bitcoin enables programmable money with smart contracts.
— Satoshi Nakamoto
Bitcoin’s design is inspired by decades of cryptographic research.
— Satoshi Nakamoto
It’s the separation of money and state.
— Satoshi Nakamoto
The network incentivizes participation through rewards.
— Satoshi Nakamoto
Bitcoin is not just a currency, it's a movement.
— Satoshi Nakamoto
The system is designed to be trustless and decentralized.
— Satoshi Nakamoto
The community ensures the software remains secure and up-to-date.
— Satoshi Nakamoto
Bitcoin can provide a new form of money free from censorship.
— Satoshi Nakamoto
The mining process serves both as a way to issue new coins and secure the network.
— Satoshi Nakamoto
Bitcoin replaces trust with mathematical proof and network consensus.
— 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 mining competition secures the network against attacks.
— Satoshi Nakamoto
I hope Bitcoin can give people more control over their money.
— Satoshi Nakamoto
Bitcoin is censorship-resistant by design.
— Satoshi Nakamoto
Nodes always consider the longest chain to be the correct one and will keep working on extending it.
— Satoshi Nakamoto
Bitcoin solves the Byzantine Generals Problem for digital money.
— Satoshi Nakamoto
Bitcoin removes the need for trusted intermediaries.
— Satoshi Nakamoto
Bitcoin nodes validate transactions by checking signatures and the unspent transaction outputs.
— Satoshi Nakamoto
Users can verify transactions without trusting any third party.
— Satoshi Nakamoto