Homework on Ethereum Intro

Ethereum 101
#2589

  1. Static websites only text, images, links

  2. Small pieces of code that run on the Ethereum blockchain

  3. There is no middle man. We don’t trust a person, we trust the technology

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#2590

What was Web 1.0?
Simplest Web just fir some basic information and interaction

  1. What is a smart contract?
    It’s basically a code programed to reflect wishes of creating/developer

  2. How is transparency achieved with ethereum code?
    Everything is presented in the blockchain, and as that, it’s visible to everyone and anyone

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#2591
  1. The basic version of Web for just reading and sharing info, stores only images, text, links.
  2. Small piece of code being run on the ETH blockchain, once its terms are met, it is automatically fulfilled.
  3. It’s an open-source blockchain.
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#2592

  1. Web 1.0 was a static website witch only allowed you to read and share text, images and links.

  2. smart contract is a small pieces of code that run on the Ethereum blockchain and controls the money.

  3. transparency is achieved because anybody can check transactions and informations in the blockchain

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#2593

  1. Web 1.0 was the first development of the internet where you can only use text, images and links.

  2. A smart contract is a program that runs on the ethereum block chain. It’s a collection of code and data that resides at a specific address in the ethereum blockchain.

  3. Transparency is achieved because it is there for everyone to see. You don’t need to trust anyone due to everyone’s ability to verify it.

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#2594
  1. What was Web 1.0?

Static pages with text, pictures and Links.

  1. What is a smart contract?

Code written on the blockchain using Solidiy. This allows smart contracts to own money and decide what to do with it. Programable money.

  1. How is transparency achieved with ethereum code?

Smart contracts are open for everyone to read and no one can change the way a smart contract behaves once it is deployed.

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#2595

  1. What was web 1.0?
    This was the first version of the internet, in which you could only have text, links and some images and users couldn’t interact with the content to the same extent that we can now.

  2. What is a smart contract?
    A smart contract is a small segment of computer code that controls a set amount of money and once it has been launched on the ethereum blockchain it can’t be undone or stopped. In essence, it allows us to control and program our assets and not have to rely on third parties.

  3. How is transparency achieved with ethereum code?
    It is a decentralized network of nodes that anyone can connect to and see what transactions have taken place.

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#2596

  1. What was Web 1.0?
    Web 1.0 was the very start, when we can only hace text, images and maybe links but that’s it.

  2. What is a smart contract?
    A smart contract is a piece of code that you can host on the Ethereum blockchain and can program as you wish.

  3. How is transparency achieved with ethereum code?
    Given that the source code is visible to anyone it is simply imposible to hide something.

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#2597
  1. It is a static web with only text, images and links
  2. It’s a contract on the blockchain, you can create a contract for two parties without third one
  3. Nobody can change the contract after it’s created, the Ethereum contracts are written with solidity, everyone can see what the contract does, but not change anything
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#2598
  1. Web 1.0 was an internet consisting of static websites.
  2. A smart contract is an application that sits on blockchain.
  3. Transparency is achieved in the same way it’s achieved with Bitcoin.
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#2599

  1. Non-interactive, purely text, images and links websites.

  2. A type of transaction sent to the network which waits for certain events, criterion and inputs before it deploys the funds it was given.

  3. Every transaction from the beginning to the end is accessible to every user on the network. This permits the verify, don’t trust principle which the community is built on.

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#2600

  1. Static webpages with text, images and links.

  2. Small pieces of code that run on the blockchain. They are programmable contracts that can’t be altered and remove the need for an intermediary or middle man, creating a trustless system.

  3. The contracts and transactions can be viewed by anyone on the blockchain.

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#2601

  1. Web 1.0 was the first version of the internet where all the pages were static, meaning that it was text and images only. It wasn’t until Web 2.0 which was dynamic and programmable that the user was able to do such things as chat and create accounts.

  2. A smart contract is small pieces of code that run on the ethereum blockchain that are programmable and dynamic

  3. Transparency is achieved with ethereum code because everyone can see the rules or parameters that have been set on the blockchain. This transparency can introduce accountability to corrupt systems such as governments, corporations, or even the stock market.

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#2602

Homework on Ethereum Intro - Questions.

  1. What was Web 1.0?
  2. What is a smart contract?
  3. How is transparency achieved with ethereum code?

Answers :
1/ Web 1.0 was simply a static websites were you can only found Pictures , Links , Text it was the beginning of internet .
Nowadays, internet evolved and website as well you can now have Dynamic Websites, with more interaction and functionality build into it.

2/ A Smart Contract is a pieces of codes running on the Ethereum Blockchain and it is Decentralized.
A Smart contract can be Programmable to avoid to deal with a middle man and act by rules that have been implemented in the smart contract cannot be compromised once it created. Needs to meet criteria to be executed, great for finance on decentralized way.

3/ Transparency is achieved with Ethereum code (Solidity Language ) due to the fact that once you programmed your smart contract you cannot modified it , anyone can verify it on the blockchain , avoid third party to be involved. The smart contract will act by rules that have been implemented in the smart contract nothing else.

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#2603
  1. Web 1.0 was the first web page on the internet where you could use on the website only text, images and links.
  2. A smart contract is a program that runs on the ethereum block chain where you can add any conditions.
  3. Transparency is achieved with ethereum blockchain because anybody can check at any time the condition of the smart contract. Don’t trust, verify!
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#2604

  1. One of the first webs where you could find only pictures, links, and text.

  2. A contract running on code, it can’t be altered with. If the job is done you complete the contract and u can receive your money.

  3. Everyone can see the rules or code on the blockchain.

1 Like
#2605

  1. What was Web 1.0?
    Static boring website, its web pages contains of text, images connected by hyperlinks. It can read and share information but not capable of interaction.

  2. What is a smart contract?
    A program, pieces of code that runs on ethereum blockchain. It is decentralised, transparent, unstoppable application that can run money. Programmable money.

  3. How is transparency achieved with ethereum code?
    Through smart contact. All transactions and information are transparent.

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#2606
  1. What was Web 1.0?

its static website that we can only read but not interact

  1. What is a smart contract?
  • the main value proposition of Ethereum
  • it is piece of code that runs on Ethereum blockchain
  • programable money
  1. How is transparency achieved with ethereum code?

through blockchain technology and PoW, removing middleman making the system trustless

1 Like
#2607

  1. What was Web 1.0?
    Static websites that showed only text, images, and links.

  2. What is a smart contract?
    Small pieces of code that run on the Ethereum Blockchain.

  3. How is transparency achieved with ethereum code?
    Visible to public, decentralized, trustless

1 Like
#2608

  1. What was Web 1.0?
    Static websites which contained text, images and links.

  2. What is a smart contract?
    A smart contract is a dynamic programmable Solidity code which runs on the Ethereum blockchain.

  3. How is transparency achieved with ethereum code?
    Transparency is achieved as once the contract source code is created it is visible for everyone to see and it cannot be altered. It creates a trustless network as it relies on mathematics and physics.

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