Nodes always accept the longest valid blockchain as the authoritative ledger.
— Satoshi Nakamoto
The system enables peer-to-peer transfer of value globally.
— Satoshi Nakamoto
Users maintain control of their private keys at all times.
— Satoshi Nakamoto
Bitcoin is a tool for freedom.
— Satoshi Nakamoto
Bitcoin can provide a new form of money free from censorship.
— Satoshi Nakamoto
All transactions are publicly visible, but identities are hidden behind addresses.
— Satoshi Nakamoto
Nodes use a proof-of-work chain to agree on transaction history.
— Satoshi Nakamoto
The system promotes financial privacy through pseudonymity.
— Satoshi Nakamoto
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto