Homework on Ethereum Intro

Ethereum 101
#2549
  1. 1st edition of the internet prior to JS- Static web pages only adding data not interacting.
  2. Its a contract with transparency that can not be modified once added to the block.
  3. Allowing everybody to see the data on the block.
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#2550

1. What was Web 1.0?
Was the first version of the Web, where everything was static.
Text, Images, Links. Nothing else. It was used only for sharing information.

2. What is a smart contract?
It is a piece of code, where you write what the contract should do when certain conditions are met.
For example, send money to my son after Iā€™m not interacting with the contract for 10 years.

3. How is transparency achieved with ethereum code?
Ethereum code is solidity.
All transactions are on the blockchain and visible while sending and receiving from the smart contract.

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#2551
  1. Web 1.0 is static in that you can post text, images and links but users ability to interact with your content is severely limited. Web 2.0 is dynamic and programmable in that you can have chat sections and accounts on a website. This makes social media and a much greater degree of user interaction possible.
  2. A smart contract is code that can own things and decide what to do with money based on predetermined criteria.
  3. Ethereum is trustless in that anyone can see the code and know how a smart contract written on Ethereum will behave. Everyone can trust the math instead of an unaccountable counterparty and so long as the contract is written properly, it will behave as intended. If not, anyone capable of reading the code would see that the smart contract is written to behave in a way that contradicts the advertised purpose of the contract.
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#2552

1)Web 1.0 was the first version of the Internet and this version didnā€™t have a dynamic.
2)Smart contract is a contract which can read and implement on time conditions of the contract.
3) All the data is transparent and available to be traced by anybody

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#2553

  1. Web 1.0 is a term that is used to describe the early stage of internet development, largely of simple and static websites.

  2. Smart Contract are computer programs that operate in the Ethereum network protocol. Basically they dictate the activities of the Ethereum network.

  3. Through immutability and deterministic.

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#2554

Web 1.0 was the first version of websites that appeared in the early days of internet adoption. Basically they were only able to display static information.

  1. A smart contract is a small piece of code that runs on the ethereum network. They can take control of and distribute money autonomously to allow trustless transactions to take place between 2 (or more) parties.

  2. All smart contracts are public and searchable through the ethereum blockchain explorer so anyone is able to see how they function.

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#2555
  1. Internet before JavaScript. Static.
  2. A programmable block.
  3. Like btc blockchain, smart contracts cannot be altered and are viewable on the block chain.
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#2556

  1. What was Web 1.0? - First stage of the web, basic static websites with only text, images, and links.

  2. What is a smart contract? - Computer programmed contract that allow credible transactions without a 3rd party

  3. How is transparency achieved with ethereum code? - By having the code publicly available on the blockchain.

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#2557

  1. What was Web 1.0?
    static, borring web site. You can only read and share informations

  2. What is a smart contract?
    it is the paper with code. you can read it and cun`t change it. It is the best escrow

  3. How is transparency achieved with ethereum code?
    Code is opening. We don`t need trust. We can trust each other.

2 Likes
#2558

1.) a static internet with no javascript

2.) programmable money where you do not need a 3rd party or trust anyone.

3.) You can view it on the blockchain and it can not be changed

1 Like
#2559

  1. What was Web 1.0?
    Web 1.0 is static, it only shows text, image and link

  2. What is a smart contract?
    small piece of code that runs on a blockchain, that can hold money and can programme what to do with it

  3. How is transparency achieved with ethereum code?
    the transaction is traceable to the public, once you add a transition on the blockchain it cannot be removed, which makes it hard to manipulate. Removing elements of trust, because the trust is in the network and technology, making it safer to trust the transaction without knowing each other.

1 Like
#2560
  1. What was Web 1.0?

Static websites (sites before the adoption of JavaScript)

  1. What is a smart contract?

On the Ethereum network lies solidity code which automatically executes with upon specific given conditions

  1. How is transparency achieved with ethereum code?

There is increased transparency in Ethereum due to the complete removed element of trust. In other words, there is no involvement of any middle man or third party. This technology is completely ā€˜trust-lessā€™, we are instead to VERIFY by confirming transactions on the Blockchain (which is public).

1 Like
#2561

  1. What was Web 1.0?
    A static interpretation before JavaScript in which content was such things as images, texts & links.

  2. What is a smart contract?
    A small piece of code written in solidity programming language that runs on Eth blockchain for the execution of transactions.

  3. How is transparency achieved with ethereum code?
    Transparency is achieved by the blockchain. The transactions on smart contracts are accessible and open for everyone. There is no need for a middle man or intermediaries.

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#2562
  1. Static webpages.
  2. A piece of code that can run on the blockchain.
  3. Once in the blockchain, its behaviour canā€™t be altered.
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#2563
  1. Text, img - simple info sharing.
  2. Its a code that can controll money and do what it was written to do.
  3. SC are accessible and verifiable, becouse they are on blockchain.
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#2564
  1. Static web. Only HTML and some CSS. No significant interaction is possible.
  2. Smart contract are lines of code that will execute the program if the requirements are met.
  3. Anybody can trace and look at the data which is encrypted.
1 Like
#2565

1: BTC is store of value with no smartcontracts on it.
2: it is unstopable tast programmed and perfomed by node or miner.
3: once programmed nobody is able to change it,

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#2566
  1. The original internet. Web pages were not interactive.
  2. A program that performs certain goals or activities based on performance of other activities.
  3. Ethereum is placed on a block chain so that people can view the attributes of the transaction.
1 Like
#2567

  1. What was Web 1.0?
    Web 1.0 was pretty much the first implementation of the internet. All sites were simple static sites that were not complex.

  2. What is a smart contract?
    Smart contracts are self executing contracts that can act as an agreement between two parties

  3. How is transparency achieved with ethereum code?
    It is achieved through verification on the blockchain. Anyone can verify the act of the code through verifying the transaction of the smart contract

1 Like
#2568
  1. What was Web 1.0?

Web 1.0 was the first internet where there was no interaction with the web as all texts and images were just basically static - until the introduction of javascript that brought the internet to 2.0.

  1. What is a smart contract?

Smart contracts are written in Solidyte language. It is a small code with instructions that run on the ethereum blockchain for the execution of certain transactions autonomously

  1. How is transparency achieved with ethereum code?

Everyone on the network can read the contract. Nobody can change the contract

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