Homework on Ethereum Intro

Ethereum 101
#181
  1. first internet where you only could share information like text an pictures
    2.a smart contract is a small bit of code that you can interact whit on the block chain
    3.opensource every one can loock att the smart contract code
#182
  1. Web 1.0 refers to websites that were static and didn’t use javascript.
  2. A smart contract is an executable code which can be activated to provide an output .
    payment.
  3. All of the code is on the ethereum blockchain which is accessible to anyone on the network.
#183

1- It was the first generation web which was very simple, plain and did not allow dynamic or rich content

2- A smart contract is a program deployed on the blockchain which can not be changed once it is on the blockchain and which is executed automatically without the need for 3rd parties.

3- Transparency is achieved by the fact that the transaction is visible to the entire network, it can not be tempered with and it is enforced in a systematic and consistent manner without the intervention of any middlemen or biased 3rd party.

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#184
  1. It was a static version of the internet. You couldn’t have accounts, interact with the website, only to share information.
  2. It is an application which is executed when the conditions are meet.
  3. Everyone can see the code and like in the case of bitcoin it cannot be undone and what is programmed will be executed when the conditions are fulfilled.
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#185

  1. What was Web 1.0? This was the internet before javascript and greater website functionality.

  2. What is a smart contract? Is a programable digital asset with specific rules/conditions that are secured/performed within a blockchain.

  3. How is transparency achieved with ethereum code? As with bitcoin all transactions/smart contracts stored in the blockchain can be viewed and verified by anyone.

:blush:

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#186

  1. Web 1.0 is the early stage of the internet when only static pages with links and images were possible.

  2. Smart contracts are applications built on Ethereum using solidity. They are a decentralised way to control finances, and are transparent and trustless.

  3. Ethereum is an improved version of blockchain, therefore it is a secure, validated, and immutable eco system that makes the data publicly available.

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#187
  • What was Web 1.0?
  • Very static websites, showing only text, images and links. Was the first stage of development of the WWW.
  • What is a smart contract?
  • Its a pice of code (protocol) that runs on the Ethereum blockchain. We can create them by using programming language SOLIDITY.
    They are intended to facilitate, verify and enforce the contract.
    They are unstoppable and they increase transparency on TX without the need of third parties.
    TX are trackable and irreversible
  • How is transparency achieved with ethereum code?
  • Because is decentralized, open source : Don’t Trust VERIFY, public blockchain, all TX are trackable and irreversible
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#188
  1. Static websites with text and images (storing of information)
  2. Smart contract is a transparent contract between 2 parties, which executes when conditions are met
  3. There is no way to change the smart contract and it can be viewed by anyone
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#189

It allowed text and simple static images but not interactive interface because javascript had not yet been used for websites.

It is an unstoppable, transparent, unchangeable piece of code that run on the Ethereum blockchain.

It is open for the parties to see, no middlemen, and it is secure; which means that no one can change the behavior of the contract after the fact.

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#190

1.The first internet that was static and only featured text, images and links.
2. Small pieces of code that run on the blockchain.
3. By use of a programming language called “Solidity” that is unstoppable and transparent. It is also programmable.

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#191
  1. Static webpages
  2. Programmable money
  3. Code is visible and transactions are visible on the blockchain
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#192

  1. Web 1.00 was static HTML pages - no playable media etc - nothing dynamic. It was better than nothing, though.

  2. A Smart Contract is a type of code that is enabled by the more complex structure of the Ethereum blockchain. This type of executable code enables wholly new types of transactions - based in time for example. Smart Contracts have programmable ‘states’, and this makes them dynamic. For example, they can be programmed to react [eg release funds] if certain conditions are met. Smart Contracts enable ownership of digital assets. The passing of a blockchain course, for example, might trigger the execution of a smart contract, which then issues a certificate that has proveable provenance as well as ownership.

  3. As with Bitcoin blockchain, transparency is a property of the Ethereum system. It is publicly accessible as well as immutable. Hashing is used in block creation, so Ethereum has the same level of integrity of record. The code that comprises smart contracts, for example, cannot be retrospectively altered due to the hash chain, and therefore has a high level of both security as well as transparency.

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#193

Web. 1… Where statik
Интеллектуальные контракты выполняются каждым проверяющим узлом в сети, а не один раз на одной машине.
No single point of failure.Not stoppable. Immutable.

#194 
**1. What was Web 1.0?**

Web 1.0 were static web pages on the internet with limited capabilities. They mostly contained text, images and links.

**2. What is a smart contract?**

Smart contracts are small pieces of code that run on the Ethereum Blockchain network. Smart contracts can be dynamic and programmable and after the desired coding they can handle money. After a smart contract created and added to the network, no one can stop it from executing. A smart contract can be fully transparent through the Ethereum network.

**3. How is transparency achieved with ethereum code?**

When you are creating a smart contract and its added to the network that makes it transparent because anyone can track it through the network and also there is no middle men or any third party that can change the result of the smart contract.

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#195
  1. Web 1.0 was the original (slow) static internet.
  2. A smart contract is a decentralized contract running on the blockchain.
  3. Transparency is achieved by all transactions (smart contracts) on the blockchain being visible by using such things as Etherscan.
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#196

  1. Web 1.0 was the first version of internet, interacting was not possible until JavaScript came along.

  2. A smart contract runs on the Etherrem network with the help of a programming launguage called Solidity, it is possible to write an unstoppable smart contract that is not possible to be changed by a third (or any) party.

  3. Transperancy is achieved with ethereum code through the possibility for anyone to look it up in the public network. The SC doesn’t need to be approved or certified by an escrow companies.

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#197
  1. Web 1.0 was the first implementation of web service on internet where we could only use text, links and simple graphics on websites.
  2. Smart contracts are money programmed in to the blockchain.
  3. Everyone can see it.
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#198

Homework on Ethereum Intro - Questions. (Questions were updated on Dec 3 2019 )

  1. What was Web 1.0?

Web1.0 was the beginning of the internet and it was very simple and limited in what was possible: static web, txt, still images, links very simplistic. Then with the adding of javascript Web 2.0 was created then dynamic & programmable websites became possible including live chats, accounts, video etc…

  1. What is a smart contract?

Smart Contracts are small pieces of code running on the Blockchain with solidity program that can be deployed onto the ETH network which is unstoppable where you can view the transactions of both sender and the receivers. This enables financial transactions without a middleman. This enables us to handle many financial functions ourselves excluding banking institutions !
3. How is transparency achieved with ethereum code?

Being that the code is on the blockchain and is available like Bitcoin for the public also it can viewed on the block explorer

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#199

  1. Web 1.0 was the “first version” of the web, which was pretty basic to what we are used today in 2020. It allowed the posting of text and static images, but had no interactivity with the users.

  2. A smart contract is a program created by using solidity language. It runs on the Ethereum decentralized network. Once executed, it’s running on the blockchain and cannot be stopped, changed or altered in any way. It’s much more dynamic and programmable then bitcoin, allowing smart contracts to store money and wait for the transaction until certain specified conditions are met.

  3. Everything is recorded on the blockchain. Ethereum is a permissionless network with no intermediaries, you only need to trust the math if the code of the smart contract has no errors.

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#200

  1. The first version where there was only HTML and CSS. Javascript wasn’t there back then wich made the internet very simple.

  2. A smart contract is a programmed contract on the blockchain that can never be erased that can interpretate and make actions without anyone having to be trusted.

  3. Everthing is stored on the blockchain and. everyone can observe the blockchain. Everybody can see what is happening in/with the contract.

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