Homework on Ethereum Intro

Ethereum 101
#2169
  • What was Web 1.0?
    Basic Static Website Web 1.0
    No Dynamic programming
    No Java Script=
    Not Customizable
    Only static images, links, text
    No website chat
    No website share to social media, SMS
  • one way infoflow-Out to the world.

  • What is a smart contract?
    Deterministic Immutable Programmable contract

  • How is transparency achieved with ethereum code?
    Don’tTrust,Verify on ETH Blockchain, with a small piece of software called EVM running on computers as nodes of World Computer in Solidity

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#2170
  1. What was Web 1.0?
  • Static, non programmable, read only web
  1. What is a smart contract?
  • piece of code deployed into Eth network. Once deployed, cannot be modified and lives on its own. Also fully transparent.
  1. How is transparency achieved with ethereum code?
    Everybody can see it and no one can manipulate it.
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#2171

1. What was Web 1.0?

  • It was the initial version of webpages on the internet during the 1990s, in the early development of the internet and its widespread usage. The websites could only show very static HTML content (text, images, links), without almost any customization for the specific visitor of the page. With the widespread usage of JavaScript as the scripting language on the websites, the era of Web 2.0 started, which offered much more possibilities.
  • There is an apparent similarity between Web and Blockchain, where Blockchain 1.0 is represented by Bitcoin, and more dynamic and programmable Blockchain 2.0 can be viewed in Ethereum and other platforms.

2. What is a smart contract?

  • It is a piece of code (logic), that lives on the blockchain, which gives it a lot of benefits, for example 24/7/365 availability, auditability, openness to everybody without any censorship. Its purpose is to receive transactions and carry out some logic as a response to it.

3. How is transparency achieved with ethereum code?

  • It is possible to verify the exact code that makes up a specific smart contract - it is, therefore, possible to audit the behaviour and correctness of the contract. From the transactional point of view, all the transactions that are interacting with a specific smart contract are also publicly viewable by anyone.
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#2172

What was Web 1.0?
The first version of the web which did not yet have any interaction possibilities. It was just requesting and responding to data requests.

What is a smart contract?
This is a contract which can hold programmatic rules and act upon those rules.

How is transparency achieved with ethereum code?
Everything resides in a publicly available and readable chain which can not be altered anymore after writing.

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#2173

  • What was Web 1.0?
    Web 1.0 were static websites, when one could only share and read information.

  • What is a smart contract?
    A smart contract is a piece of code which is run on the ethereum blockchain.

  • How is transparency achieved with ethereum code?
    The smart contract can own money and decide what to do with it. Everyone can read the code and see what is happening with the money at which conditions.

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#2174

[quote=“filip, post:1, topic:8441”]

  • What was Web 1.0?
    Static websites that could only show txt, images & links, - read & share only!

  • What is a smart contract?
    Small pieces of codes that run on the Ethereum BC

  • How is transparency achieved with ethereum code?
    By using a program language called Solidity, which when deployed on the Ethereum BC, it is unstoppable, non reversal and unchangeable

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#2175
  1. Web 1.0 is the way internet was in its earlier days with static websites mostly consisting of text, photos, and links.
  2. A smart contract can be done on the Ethereum blockchain. It consists of code, and digital assets can be added to a smart contract, which then will handle the assets according to the code.
  3. As everyone can read the code they can understand how the smart contract will handle the assets.
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#2176

  1. What was Web 1.0?
    Was a static website limited to text, images, and links.

  2. What is a smart contract?
    Code that is run on the ethereum blockchain in a language called solidity. It’s not changeable, has no middle men, fully transparent, and trustless contract.

  3. How is transparency achieved with ethereum code?
    Through the programmable smart contract where conditions are set which makes it execute the contract.

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#2177
  1. What was Web 1.0?

It was the early age of the internet when there were only static websites. The only thing users could do were reading some text look at images and clicks links. Nowadays through the introduction of JavaScript websites were become more dynamic. This means an users can now interact with the website for example through an chat or playing mini games.

  1. What is a smart contract?

Smart Contracts are small pieces of code running on the ehtereum blockchain. They are able to send and receive and hold money. They are handling the money according to their code. They are trustless and unstoppable.

  1. How is transparency achieved with ethereum code?

All transactions and smart contracts on the ethereum blockchain are visible to everybody. Smart contracts and transactions are immutable and everbody can verify them.

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#2178
  1. Web 1.0 was very simple, static, text and image
  2. A smart contract is a small piece of code that runs on the Ethereum blockchain using solidity
  3. Transparency is achieved because everyone can see what the codes says, so it completely removes trust. And just like bitcoin and blockchain, these smart contracts can not be changed or removed. Once on the network, and once they are deployed they are there to stay.
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#2179

  1. Web 1.0 was the first iteration of the internet.

  2. A Smart Contract is a programmable software that allows itself to own and decide what to do with money. They are based on Ethereum and are dynamic and programmable blockchain.

  3. Once the contract is written and launched it can not be changed. The programmed outcome will be followed.

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#2180

1.)What was WEB 1.0?
Web 1.0 is the first version of the internet which had static websites that only showed text,
images, and links.

2.) What is a SMART CONTRACT?
Smart Contracts is a set of protocols that program our money on what to do when certain things
are met. These smart contracts make the transactions unstoppable, transparent, and
immutable.

3.) How is transparency achieved through the Ethereum code?
Transparency is achieved through the broadcast throughout the
Blockchain making it unstoppable and transparent.

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#2181
  1. The static early version of the internet, functionality limited to display of text, images and hyperlinks.
  2. A smart contract is a small program or set of instructions that execute on the blockchain
  3. All transactions are executed on the blockchain and can be viewed by anyone.
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#2182

1: In Web 1.0 websites were static. No user interaction.
2: smart contracts are programs that anyone can make and run on the ethereum blockchain.
3: the source code of smart contracts are accessible to anyone.

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#2183
  1. Web 1.0 was back when the WWW was very static and basic, you could read and give information and that’s about it.
  2. A smart contract is code that runs on the blockchain that’ll execute and act in very specific ways, based on the given parameters.
  3. Transparency is achieved by making the actual code of the smart contract publicly accessible so that anyone can verify its behavior.
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#2184
  1. static, text, image (no chat, costum changes)
  2. a smart contract is a programmable piece of code that can execute functions you program. with a smart contract, money is programmable.
  3. on eth everything is open source en transparently viewable on etherscan
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#2185
  1. What was Web 1.0?

Web 1.0 is the first generation of the web that only allowed static web pages and images.

  1. What is a smart contract?

A small piece of code the executes on the Ethereum blockchain network.

  1. How is transparency achieved with ethereum code?

Not sure if we are talking about the code that is used to create the Ethereum network or the Ethereum code in a smart contract. For the former, Ethereum is an Open Source project and ay one is able to access the code. For the later, an Ethereum smart contract is stored on the ethereum blockchain and therefore the contract’s code is readable by anyone. Additionally, the code is immutable so no one can go back and change its behavior…

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#2186

Web 1.0 was the original internet, with static pages and limited communication, without Javascript

A smart contract is an agreements stored on the blockchain that is executed when certain conditions are met

Transparency keeps the owner info out of the blockchain, but has the transaction details visible to all

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#2187

1.- It consisted of static and boring websites with just text and images and links.

2.- A smart contract is a programmable contract and a piece of code that controls financial transactions and is linked to the programmed conditions. That means we can make businesses with anybody without needing to trust a 3rd party or an intermediate because we trust the smart contract.

3.- Transparency is achieved by publishing every transaction on the blockchain so everybody can see every transaction.

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#2188

1. What was Web 1.0?
Web 1.0 refers to the early days of the internet. Sites had basic functionality that where static. They showed text, images, and links. This is much like how Bitcoin is to crypto. Basic function to conduct transactions and keep records.

2. What is a smart contract?
Smart contracts are code that runs on (in this case) Ethereum. This is the equivalent to Web 2.0. Smart contracts allow you to “program money” to bring dynamic functionality to crypto/blockchain technology.

3. How is transparency achieved with ethereum code?
Transparency is achieved with ethereum code because it runs on the backbone of blockchain. Because the code is deployed on ethereum, there is no way a bad actor can meddle with it. It is immutable, decentralized, and trustless. Because it is a distributed opensource network, anyone can see what transactions happen on the network. Like Ivan said in the lecture, government projects and programs are a good use-case for smart contracts to prevent corruption.

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