This is for maintaining complexity of solving the puzzle or creating and validating a block in bitcoin blochchain.
No. It it not.
Nonce is for injecting variability into the block header so that the resulting hash value can be modified without needing to modify any of the transaction data.
Current value for Nonce has been decided as creating around 10 minutes delay for block creating.
Incorrect.
Current value for block hash difficulty target is set to create around 10 minutes delay for block creating.
I have few problems about Nonce.
Clearly.
Who are the people, deciding Nonce of bitcoin Blockchain.
Miners. Miners keep trying a different nonce until they either find a solution or run out of nonce values.
And what are the parameters of choosing a value?
4 byte integer.
Could you please anyone explain these?
I just did.