Homework on Ethereum Intro

Ethereum 101
#261

  1. the first version of the internet which was static and only used to read and share text, immages and links

  2. a small piece of immutable, unstoppable code deployed on the network.

  3. everybody can verify the code, it is publicly available on the blockchain. As a result for example corrupt mechanisms instantly fail when every action becomes public.

#262

1.Web 1.0 is simple static websites with text , images and links - no other functions
2.Smart contracts is code writen in solidity lenguage that stores money -and you cant take money from smart contract until the rules in the code are not satisfied.
3.Transparency is achived because the code is in public and everyone can see on blockchain.No third party can change the code-you don’t need to trust -you can verify it by yourself.

#263

  1. Web 1.0 was static websites

  2. A smart contract is a piece of software that can hold money and perform actions with that money based on the rules it is programmed with.

  3. Transparency is achieved because all smart contracts are deployed on the blockchain, and therefore viewable and audit-able by anyone.

#264

What was Web 1.0?
-(Ex. Bitcoin, internet before javascript) basic capabilities for user experience

  1. What is a smart contract?
  • A program that can be written specifically and dynamically for the user to deploy without a middleman.
  1. How is transparency achieved with ethereum code?
  • It is written on a blockchain as a transparent application. The code is verifiable and anyone can view it for confirmation.
#265

  1. Static web pages with no interaction.

  2. It’s a contract on the blockchain that will automatically execute once certain criteria is met.

  3. It is public ally available for anyone to be able to verify.

#266

  1. Web 1.0 was the period of the development of the internet when web pages were ‘static’ in that they could only show images and text. With the development and integration of javascript in browsers, web pages could become dynamic and programmable. In web 2.0 websites could build things like accounts and chat functions, this allowed a lot more complex websites to be constructed.

  2. Smart contracts are essentially pieces of code which can be run on the ethereum blockchain (or other blockchain). It is written in solidity on ethereum and is unique in that it is unstoppable and transparent to all parties because of the decentralized and censorship resistant properties of a decentralized blockchain.

  3. Transactions are public on a blockchain meaning anyone can verify them, the same properties are within smart contracts too. Immutability also helps to build trust and transparency in that no one can tamper with contracts after they have been deployed if they have been built to do so.

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#267

First generation of internet. You could only use links, text, and images on the web page.
2.
Basically you can program your money in it with certain conditions, so that it acts as you programmed.
3.
Once you put something on the network, you cannot change it. Everybody can see the history.

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#268

  1. The internet that consist of static websites that contain static information such as text, images and links.

  2. A programmable contract that is able to hold money with conditional transactions in the blockchain. The smart contract is unstoppable and trustless.

  3. The Ethereum source code is open source where everyone can view the contract’s logic.

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#269
  1. What was Web 1.0?
    It was the beginning of the internet with static websites. Only simple things like text images links were possible.
  2. What is a smart contract?
    Its a small contract that is made by pieces of code, deployed on the blockchain. Its trustless. You cannot reverse the smart contract.
  3. How is transparency achieved with ethereum code?
    You can verify the information on the blockchain. There are no middlemen who can hide information.
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#270
  1. Web 1 was the first stage of internet where it was just information and web pages that you couldn,t interact with ( similar to bitcoin .
  2. A smart contract lets you programme money using SOLIDITY language , to make a contract using small pieces of code that cannot be changed (immutable) . It is programmed that when certain events happen , inheritance , accidents , child being awarded money with good grades etc , the money agreed will automatically be paid out with no interjection from third parties .
  3. Transparency is achieved as all programmes are on a public decentralised blockchain and are immutable . All information is available .
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#271

  1. Web 1.0: A collection of static websites with info that can only be read and shared. No user experience.

  2. Smart contracts are small pieces of code run on the the ethereum network. They are immutable programs designed to send money to a recipient once certain conditions are realised. There are no intermediaries involved (ie: escrow accounts) and gives you more control over your own money.

  3. Smart contracts are as immutable as blocks in the blockchain. They cannot be changed once they are created.

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#272

1.Text, images and links.
2. Its a contract that, like a bitcoin transaction, can not be stoppable once programmed into the blockchain. It has conditions which when meet, will execute the instructions within that contract. Example, if a contractor finishes the road for the city, the municipality will automatically have written the payout way before he started but on the condition that he finishes the project for him to receive the money.
3. It just like the blockchain, just programmable.

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#273

  1. Static websites that could only display text, images and links.

  2. A program written in a blockchain specific language that gets executed on that blockchain network.

  3. The code is added to the Ethereum blockchain which is publicly available.

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#274

What was Web 1.0? Web 1.0 was the first implementation of the web, which only allowed text, links and very simple constructs and actions (perhaps when I was at Cornell in 1988, we used “email” but it was not anything like our email today! My Dad and I would “email” while I set up a NetWare network!! any guesses on what ogm stands for?). :woman_white_haired:
2. What is a smart contract? A smart contract rides on the Etherium network and allows one to program the smart contract to do things with money given a set of variables that are met. It is a dynamic and programmable data construct that distributes items (money, I assume documents?) based on the user’s program, which is in SOLIDITY.
3. How is transparency achieved with ethereum code? Transparency is achieved with ETH code because the smart contract is linked into the blockchain and available for all to view.

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#275

@Fabrice It makes me happy to go into my horseshoe (emoji) on ToshiTimes and see your “hearts”. Funny how the human is spurred on by rewards. I assume that my answer didn’t have any “wrong stuff” in it when you :heart: it.
This class leads me to so many other fascinating sites/ articles/ ideas… I am WAY behind the curve ! should have done this long ago.

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#276

Web 1.0 was just text, image, and links. There was no chat. You could only read and share information.

A smart contract is a small piece of code that runs on the ethereum blockchain that can program money or an asset to behave in a specific way.

Everyone has access to the blockchain and everyone can see what is happening on the blockchain. There is also no way to hide or change the smart contracts.

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#277

  1. Web 1.0 was boring, static pages just to display information

  2. Smart contract is a programmable money that cannot be altered when contract is deployed

  3. Ethereum code is open source and everyone who understands it can verify

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#278

  1. Back in the early days of the internet before JavaScript when websites were limited to text and pictures

  2. A Smart Contract is a digital contract written on the Ethereum network that “acts on its own” depending what you program it to do

  3. Just like Blocks in the Bitcoin Blockchain, Ethereum Smart Contracts are all linked together and require one another to be consistent in order to continue the chain, anyone connected to the network can go back to any point of the chain they desire

#279
  1. Web 1.0 was simply static websites consisting of text, images and links. There was no dynamic websites, as most websites (in some way) are today.
  2. A smart contract is a peace of software that runs on a blockchain (e.g. on the Ethereum blockchain). As it is with every other record stored on a blockchain, there is no way to reverse it, so once a smart contract has been deployed to a blockchain, there is no way to revoke it, stop it or anything.
  3. The source code of smart contracts are visibly to everyone, making sure it’s possible for everyone to make sure how the smart contract runs, and that it runs properly. This, again, is because of the “don’t trust, verify” principle. You don’t have to trust a smart contract; you can verify it yourself.
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#280

  1. The first version of information on the worldwide web: pages of text, images and hyperlinks.

  2. A program on the blockchain, that can hold money or other tokens, and which takes actions with those funds if certain conditions are met.

  3. The smart contract’s code can be looked up, so everyone can verify how it works. Since you cannot alter information on the blockchain, you can always trust the program to work.

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