In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. | Satoshi Nakamoto quote, HD Wallpaper

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In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. | Satoshi Nakamoto quote, HD Wallpaper

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In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. (Satoshi Nakamoto)

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Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own. | Satoshi Nakamoto quote — Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own. | Satoshi Nakamoto quote HD Wallpaper

For decades, the public school system failed too many children, so we passed the No Child Left Behind Act and demanded schools show results in return for money. | George W. Bush quote — For decades, the public school system failed too many children, so we passed the No Child Left Behind Act and demanded schools show results in return for money. | George W. Bush quote HD Wallpaper

The receiver of a payment must wait an hour or so before believing that it’s valid. The network will resolve any possible double-spend races by then. | Satoshi Nakamoto quote — The receiver of a payment must wait an hour or so before believing that it’s valid. The network will resolve any possible double-spend races by then. | Satoshi Nakamoto quote HD Wallpaper

At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN. | Satoshi Nakamoto quote — At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN. | Satoshi Nakamoto quote HD Wallpaper

Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to. | Satoshi Nakamoto quote — Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to. | Satoshi Nakamoto quote HD Wallpaper

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