Homework on Ethereum Intro

Ethereum 101
#2369

Answers:

  1. Web 1.0 was the early stage of the internet where websites were static (i.e. only text, images and links). This is different than Web 2.0 where the introduction of Java Script allowed for dynamic websites people could interact with;
  2. A Smart Contract is unstoppable/self executing code (programmed using Solidity), which can own and decide what to do with money (i.e. allows for programmable money and assets);
  3. Transparency is achieved via Ethereum as the unstoppable code is available for viewing/inspection by all the parties to the smart contract.
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#2370

  1. Web 1.0 is a basic that program BTC runs on. It is static, allowing for basics like text, images, and links.

  2. Smart contracts the basis of the Eth BC. They are programmed using JS. Small pieces of code are used to increase transparency and eliminate the middle-man while executing financial operations independently.

  3. Transparency is achieved because no one ga go back and change how a smart contract should behave.

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#2371
  1. Web 1.0 was a static version of the internet we know now, you could only access text, images, and links with no real-time interaction.
  2. Smart contracts are dynamic and programable contracts used on the Etherium blockchain via Solidity. They are unstoppable, transparent, and allow money to become truly programable without any intermediate or third-party intervention.
  3. Just like Bitcoin, the Etherium blockchain is public, so everyone can see where the money is going and who sent it.
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#2372

1.web 1.0 was the first version of the internet , it was only useful for sharing information,
2. Smart contracts are read by the EVM, preventing malicious activity
3. its a better updated version, using a trust less system ( Stronger security )

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#2373

  1. The web 1.0 was a static version of web where we could only read, write and share information.

  2. Smart contract is a piece of code run on blockchain that holds the money. It’s programable money which means i decide when and what gonna happen with them.

  3. On Ethereum blockchain everybody can see what kind of code a smart contract contain.

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#2374

  1. What was Web 1.0? Static websites just links, html, and some pictures.

  2. What is a smart contract? A smart contract is a program that can be deployed to the blockchain.

  3. How is transparency achieved with ethereum code? The code is publicly available on the blockchain which allows anybody to verify it themselves.

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#2375

  1. What was Web 1.0?
    Web 1.0 is the first stage of the web characterized by static websites holding just links, images, text. Just a non-interactive page to display information.

  2. What is a smart contract?
    A smart contract is a piece of code that allows us to program money. Once it is deployed on a blockchain then it is impossible to modify it.

  3. How is transparency achieved with ethereum code?
    Everybody can see the code of the smart contracts, they can see what’s going on and what’s going to happen. However, no one can change the behavior of smart contracts.

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#2376

  1. Web 1.0 was a script-only way of communicating information.

  2. a smart contract is a small piece of programming inside of a block. Which let’s you program money to do what you intend the contract to achieve.

  3. transparency is achieved with eth through consensus. The ability to verify the information removes trust from a central authority.

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#2377
  1. web1.0 was furst stages of internet with only interaction of text and sending messages.
  2. Smart contracts is a trustless programmable written code that executes actions when predefined measures are met.
  3. Where you can verify without trusting someone.
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#2378
  1. Static websites that had no scripting
  2. A program that controls the money.
  3. All the smart contracts and tx are publicly viewable.
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#2379
  1. What was Web 1.0?
    Web sites that were static. They contained -Text, data, images, and links.
  2. What is a smart contract?
    Programs that are written in Solidity, running on the decentralized state machine (block chain), unstoppable, and are use to complete transactions after certain conditions are met.
  3. How is transparency achieved with Ethereum code?
    Doesn’t require trust in middle men, trust in the math and technology and the code is open and completely transparent.
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#2380
  1. What was Web 1.0?
  • Web 1.0 was the first iteration of the internet being the most basic in that it was static, included only basic texts, images, links, and read/share info. This was pre-javascript.
  1. What is a smart contract?
  • A smart contract is apart of Ethereum’s core value proposition whereby it’s a programmable contract involving small pieces of code that create transactions removing the middle man. It is immutable and irrevocable once deployed on the blockchain and verified. It runs on the language Solidity.
  1. How is transparency achieved with ethereum code?
  • Transparency is achieved because the code that is written cannot be altered by either party and is viewable for each participant to see and verify.
    This is a trustless contract that’s based on math/technology.
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#2381

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

1. What was Web 1.0?
Web 1.0 was the beginning of the internet where the webpages only consisted out of text and images. In Web 2.0 the websites where programmable because Javascript was integrated.

2. What is a smart contract?
A smart contract are small pieces of codes that works on the Ethereum network. It works with the programming language ‘Solidity’.

3. How is transparency achieved with ethereum code?
All smart contracts run on the blockchain. Ethereum blockchain is open source and can’t be manipulated.

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#2382

1- Static pages with limited interaction, pre-java
2- Smart contracts are pieces of code that can be programmed to hold money and what to do with it.
3- The smart contract cannot be changed after his deployment and everyone can see it.

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#2383
  1. It is first version of internet that didn’t have java script.
  2. Smart contracts are small pieces of code that run on Etherium Blockchain.
  3. Same as bitcoin code it is for everyone to view and is broadly accessible
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#2384

Answer all questions and post your answers in the thread linked below.

  1. What was Web 1.0?
    Web 1.0 was the first version of the internet, which was static, non-programmable data.

  2. What is a smart contract?
    A Smart Contract is small pieces of code that cannot be stopped, programs money and increases transparency between two parties without the need of a middle-man.

  3. How is transparency achieved with ethereum code?
    Ethereum code is public so anyone can verify it without the need of trust.

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#2385
  1. Static information like text, images and links.
  2. Smart contract lets you to hold money until output process is determined - you can make a unique way of transferring money for anything u wish without any 3rd party coming in.
  3. trustless smart contracts where you make a rules
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#2386

  1. What was Web 1.0?
    Web 1.0 refers to the first stage of the World Wide Web evolution. Personal web pages were common, consisting mainly of static pages, texts, and images. Bitcoin coin technology is on Web 1.0.

  2. What is a smart contract?
    A smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement.

  3. How is transparency achieved with ethereum code?
    Through the necessary encryption and control mechanisms, blockchain safeguards transparency by storing information in such a way that it cannot be altered without recording the changes made.

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#2387
  1. Web 1.0 was extremely basic websites with only pictures and text.
  2. A smart contract is a contract that is built into the protocol.
  3. No trust, every thing can be read on the chain.
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#2388
  1. Web 1.0 was the first iteration of the internet when websites presented information but were not responsive to the users.
  2. A smart contract is a program on the block chain. It can hold money and disperse it based on external events or triggers.
  3. Ethereum is a public blockchain so the transactions and smart contracts on it are all viewable and therefore transparent.
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