The network validates transactions independently and transparently.
— Satoshi Nakamoto
Nodes communicate over secure encrypted connections.
— Satoshi Nakamoto
The network runs 24/7 with no downtime or centralized control.
— Satoshi Nakamoto
Bitcoin nodes store the entire blockchain to verify transactions independently.
— Satoshi Nakamoto
The protocol is designed to prevent double spending without a central authority.
— Satoshi Nakamoto
We can win a major battle in the arms race and gain a new territory of freedom for several years.
— Satoshi Nakamoto
The consensus mechanism ensures all nodes agree on the transaction history.
— 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 blockchain is a tamper-evident record of transactions.
— Satoshi Nakamoto
