Homework on Ethereum Intro

Ethereum 101
#2569
  1. Web 1.0 is basically the first websites on the internet and very simple modern ones. They are static websites which only display information (text, pictures, ect.) but there was no way to interact with them.
  2. A smart contract is a snippet of code on a blockchain which will perform a specific function which cannot be changed because of the nature of blockchain technology.
  3. Ethereum code is transparent because it is placed on the public blockchain and anyone can view that information.
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#2570
  1. What was Web 1.0?

Basic, static websites with text, images and links built on HTML.

  1. What is a smart contract?

A smart contract is a standalone, executable piece of code that exists on the blockchain. It can handle money and determine what happens to it, running completely independently of any further input.

  1. How is transparency achieved with ethereum code?

The code for the smart contract exists publicly on the blockchain so can be inspected by anyone at any time.

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#2571

1, static websites allowing just text images and links
2, small pieces of code written on the blockchain which can be triggered to suit an event such as good grades at school, the child gets x $$
3, the code is visible in the blockchain and can’t be changed once set up and propagated across the network

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#2572

  1. Web 1.0 was basically read-only with static content. No dynamic content.

  2. A smart contract is a program, permanently stored in the blockchain, that will execute when certain conditions are met.

  3. Transparency is achieved because anyone can inspect the blockchain and the data cannot be modified. It is a trustless model which requires no middleman.

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#2573
  1. Web 1.0 was the first iteration of the internet. It allowed only for static websites which could display data such as text, images and links. This was changed by JavaScript that allowed things to be programmed on top of this.
  2. A smart contract is a decentralized piece of code which decides what to do with money. They are unstoppable and transparent and are the basis of the value proposition of Ethereum.
  3. Transparency is achieved with Ethereum by the blockchain being open source and available for all eyes to see.
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#2574
  1. What was Web 1.0?
  • simple and static sites without the possibility to script.
  1. What is a smart contract?
  • Smart pieces of code that you can create on platforms like Solidity that can handle if/then codes which makes is possible to handle money transaction in a creative way. Programable money.
  1. How is transparency achieved with ethereum code?
  • Transparency is built into the ethereum through the smart contract and makes it possible for anyone to audit and see what is going on. It´s verifiable system.
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#2575
  1. What was Web 1.0?
    The early stage of the internet: it only included text, images and links, so it was static.
  2. What is a smart contract?
    It’s a small piece of software that runs on the blockchain. It holds and controls money and will only act when certain pre-defined conditions have been met.
  3. How is transparency achieved with ethereum code?
    It can be viewed by everyone and no one can change the contract’s content.
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#2576
  1. Web 101 was the original and basic internet which was static and consisted of text, images and links.
  2. A smart contract is a self executing programmable contract with the agreement terms between the 2 parties being written in small pieces of code and distributed across a decentralized blockchain network providing a transparent and trustless transaction.
    Programmable money.
  3. Transparency is achieved through mining and POW.
    The transactions are final and open/ public for all to see.
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#2577

  1. Web 1.0 is arguably the first public version of Internet, which allowed for sharing static assets on the web via HTTP protocol (not only HTTP).

  2. Smart contract runs on Ethereum blockchain and allows to program money and other assets trustlessly.

  3. No need to explicitly achieve transparency on Ethereum blockchain because it is public. Any public blockchain is transparent to the users, i.e. anyone can read all the transactions.

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#2578

  1. Web 1.0 was the internet in its most basic form. Before Java Script code. There was no real interaction in Web 1.0, just information that you could view, read or download.

  2. A smart contract is a piece of code stating “if x happens, then y must follow.” It will execute if the task is finished, not needing to rely on any trusted third party.

  3. Transparency is achieved by anyone being able to view the contract and its outcome. It is trustless and only dependent on the code. No tampering. Reduces need for middle men.

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#2579

[quote=“filip, post:1, topic:8441”]

  • What was Web 1.0?
    is a static website were there is only text, image, and link. there is no communication or chats in the website eg Bitcoin blockchain
  • What is a smart contract?
    is a programmable money that execute when an action is achieved.it acts as this trustless way of believing on the code
  • How is transparency achieved with ethereum code?
    Transparency is achieved when all the financial asset can be track my programmable language that is verified by the code.
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#2580
  1. Web 1.0 was a static website where there were only text, images and link to interact with.
  2. Smart contract are small pieces of code that run on ethereum, which allow programming in such a way that You can programm money to behave as a collateral when certain conditions are met.
  3. Transparency is achieved with the ethereum code because anyone can check the blockchain and the data is immutable.
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#2581

  1. Web 1.0 was a primitive version of the internet, where the browsers did not contain JavaScript. It allowed for little more than text, images, and links. The webpages were said to be static.

  2. A smart contract is a small piece of code that runs on a blockchain. It cannot be shutdown, and runs with a degree of autonomy once it is correctly programmed.

  3. Any individual that wishes to view the transactions on the Ethereum blockchain is able to, which allows increased transparency.

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#2582
  1. What was Web 1.0?

Web 1.0 was the times when the internet only would show static websites that had to be coded be a developer. So it would only show content that was hardcoded by a webdesigner and could not generate content based on user input.

  1. What is a smart contract?

A smart contract is a program written for a blockchain that will manage for example a certain amount of money and will process it following the underlying code. You could for example send money to a friend on his birthday for the next 3 years automatically. Or you could pay for a specific service if it a certain condition has been fulfilled. The contract, once deployed, is unstoppable and will act upon it’s coding.

  1. How is transparency achieved with ethereum code?

Everyone can look up on a smart contract and see what the code is supposed to do.

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#2583
  1. It was static webpages with simple text and images
  2. Bit of codes on the Etherium blockchain written with the Solidity language
  3. Just like Bitcoin blockchain everyone can see the code of the smart contract and all the transactions that have executed.
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#2584
  1. Web 1.0 was the first version of the internet and it had mostly HTML and CSS type web pages. Web 2.0 w/ JavaScript helped evolve it into what we have today along with some other languages.
  2. A smart contract is built with the language Solidity. These smart contracts execute txs and other contractual agreements. They provide the trustless system that the ETH blockchain is built on.
  3. There is no middle men needed or any other people or businesses need to be involved besides the people or businesses doing the txs. The smart contracts help bring trust to the txs
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#2585

Web 1.0 was the introduction of the internet. It was limited in function including basic web pages and email.

A smart contract is a dynamic & programmable contract created on Ethereum using Solidarity. Smart contracts are unstoppable, transparent, trustless and allows money or assets to be programmable.

Transparency is achieved with ethereum on the block chain cutting out middle men, corruption and creating a trustless contract.

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#2586
  1. What was Web 1.0?

Web 1.0 was the original layout of websites on the internet, before we had javascript. Web 1.0 only allowed for text, images, and links on websites.

  1. What is a smart contract?

A smart contract can hold money or assets and program what to do with it. It is unstoppable and it cannot be altered. It will only pay out the money when the specified conditions of the smart contract are completed.

  1. How is transparency achieved with ethereum code?

Smart contracts on ethereum are transparent because anyone can view the contract and if the contract was executed. It does not require trust within parties; instead it relies on trusting the code. We don’t need trust because we can verify with smart contracts. Data within the smart contract cannot be altered or manipulated by anyone once the smart contract is created.

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#2587

  1. Web 1.0 is made up of static sites sharing content and links identically to everyone who visits. Web 2.0 introduced dynamic elements that could customize the experience of websites for individual users.

  2. A smart contract is one that does not require a third party to execute it. Instead the terms of its fulfillment are built in, and will execute automatically once set terms are met.

  3. Transparency is achieved with ethereum code because the code is open and visible to anybody at any time, but also not maleable once set, so all parties know that what is set is set, and smart contract terms being met will trigger fulfillment automatically.

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#2588

1.Web 1.0 is simply a page that can show Images Link and Text
2. A smart contract is a way to do an action between two parties with certain counterparties that are realized by the maths and the technology which means the people don’t need to trust each other because they know the technology cover the whole protocol which make it safe and reliable.
3. It’s all verifiable in open source

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