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Ch Ayyan

Who conduct bitcoin halving.

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I read many question answers and posts about  bitcoin  halving  I know what is bitcoin  halving  and it is happened  after 4 years . But my question is who conduct  bitcoin  halving.  Is there is any person or company who create  halving. 

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1 hour ago, Ch Ayyan said:

I read many question answers and posts about  bitcoin  halving  I know what is bitcoin  halving  and it is happened  after 4 years . But my question is who conduct  bitcoin  halving.  Is there is any person or company who create  halving. 

No one, it's a part of the bitcoin code. No one is controlling bitcoin, that's the whole point. Miners are just agreeing with the current code so they mine that chain.

 

And as a free tip, if the code was being altered, and it would attract miners, that would mean a forked new coin.

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I think who conduct the Bitcoin halving is he or she or they called Satoshi Nakamoto, so they are who decide for adding new Bitcoin in the circulation, because Satoshi Nakamoto is the creator of Bitcoin.


 

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11 minutes ago, tienda said:

I think who conduct the Bitcoin halving is he or she or they called Satoshi Nakamoto, so they are who decide for adding new Bitcoin in the circulation, because Satoshi Nakamoto is the creator of Bitcoin.

He's also the creator or the one who develop bitcoin but I don't have idea if he invented the halving. 

I think the one who invented halving was a different person. 


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2 hours ago, Ch Ayyan said:

I read many question answers and posts about  bitcoin  halving  I know what is bitcoin  halving  and it is happened  after 4 years . But my question is who conduct  bitcoin  halving.  Is there is any person or company who create  halving. 

The halving is one of the consensus rules of Bitcoin that was hard-coded in the Bitcoin software from version 0.1  by Satoshi Nakamoto. It is not an update to the code and it does not require a soft or hard fork. It happens automatically every 210,000 blocks.

Edited by BTC Future

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Bro noone is controlling the halving, it's just designed by Satoshi Nakamota and the btc per block is reduced to half during halving, after certain number of btc are mined halving occurs and it's like rule of bictoin.


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All of this was initially provided for the establishment of a network of bitcoin. Satoshi Nakamoto or a group of people it is still unknown who created bitcoin but the principle of distribution as well as halving all these events were created initially and before finding the last block.

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I also don't know about that. I search about it on Google but i did not found any best answer. May be by your post we can find answer. 

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Your question is really amazing for me because their is no centralized body which controls the price of bitcoin then who conducting this event on each four year's. I have not information about your questions who made this or automatic this event happened on after four years. 

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I don't think theris anyone responsible for conducting bitcoin halving but it must be a well automatic programmed process done by himself the creator Satoshi Nakamoto.

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Most likely, this action occurs automatically, and the bitcoin halving determines what is available today. The split of Bitcoin rewards is done automatically in the embedded Bitcoin code.

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On 4/26/2020 at 12:46 PM, Ch Ayyan said:

I read many question answers and posts about  bitcoin  halving  I know what is bitcoin  halving  and it is happened  after 4 years . But my question is who conduct  bitcoin  halving.  Is there is any person or company who create  halving. 

No there is no one who actually conduct or regulate bitcoin. This is way how bitcoin were designed bitcoin halving is in bitcoin programming. It was set up by satoshi nakamoto creator of bitcoin. 

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There are very few people who manage Bitcoin half-heartedly and everyone loves to manage it properly. You're right, seven hundred Nakamoto handled the whole bitcoin. There's no such thing as half here. 

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The halving is programmed already, the bitcoin is not controlled by an individual or a group of people. It is an occurrence that happens automatically every four years to control the inflation rate of the bitcoin. 


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Btc halving is automated process that is truely achieved withut any challenges at save a little and it really does help alot in ensuring that the inflation of the coin is not stop construction Here and maintain its price range leve

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There is not any person or company, which can control the halving. Nobody conducts BTC halving. It is something a part of BTC code.

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I think halving of btc it is an automatic event that is subject to complicated software that was developed from the Bitcoin creator Satoshi Nakamoto was created in 2009 in order to increase the price of bitcoin every 4 years, 

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there is not a company or people who control halving has been implemented through code in the blockchain I think by satoshi nakamoto himself, he was and is a forward-looking ...


 

 

 

 
 
 

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Of course it is people who panic and need the necessities of life during this pandemic. The ones who keep bitcoin prices are the bitcoin whales who are desperately pumping bitcoin prices to normal again.

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When the main company for Bitcoin created a series of blocks that it had designed in a way that is compatible with the problems that may cause Bitcoin's disappearance, and to reduce this problem, the half-time period was set according to a specific time programming from among the codes that Bitcoin was designed with and therefore no one controls it


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Its really useful topic and every one need to know the information about bitcoin halving, because i dont no the right answer bitcoin is decentralized and no one controls then who conduct this halving and why this miners agree to reduce this speed, really I am also waiting to know the information which our forum members share.


 

   

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I think that the bitcoin halving is conducted by those that developed the coin. However there is also speculation that since bitcoin is decentralized that this will not be controlled by any one person or company but rather is an automatic thing that was probably started right at the beginning of the creation of the coin, which i think is most likely more plausible as bitcoin halving occurs ever four years.


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For me I think nobody controls halving, it's just part of the features added to it when it was being invented, am not really sure but I guess so , since no one is in control of bitcoin, nobody conduct halving it takes place by itself.


 

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No any body and organization can conduct Bitcoin halving . It is a part of Bitcoin system and automatic system . It is happening in every 4 years . That reduce the reward points of bitcoin.

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My friend, the cryptocurrency, especially the bitcoin currency, cannot be controlled by anyone, and that the half occurs automatically every four years, which is part of the cryptocurrency code and algorithms.

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