Mining difficulty adjusts to maintain a consistent rate of new blocks despite changes in total network hash power.
β Satoshi Nakamoto
Bitcoin can enable new financial applications and services.
β Satoshi Nakamoto
Bitcoin's open design encourages innovation and experimentation.
β Satoshi Nakamoto
Itβs the separation of money and state.
β Satoshi Nakamoto
Bitcoin is the foundation of a new financial era.
β Satoshi Nakamoto
The protocol supports custom scripts for complex transactions.
β Satoshi Nakamoto
The initial distribution of coins is through mining rewards.
β Satoshi Nakamoto
Bitcoin provides a censorship-resistant payment system.
β Satoshi Nakamoto
The decentralized network is resistant to censorship or control.
β Satoshi Nakamoto
The proof-of-work difficulty is adjusted every 2016 blocks to keep the average time between new blocks at ten minutes.
β Satoshi Nakamoto
