Homework on Ethereum Intro

Ethereum 101
#301
  1. it was static pages, only text, link, image.
  2. Smart contract is a programmable code written in SOLIDITY which is deployed on the blockchain.
  3. No middlemen, trustless: the programmable can be seen by everyone, can not be altered. It hold your money and behaves the way you have programmed it.
1 Like
#302
  1. What was Web 1.0?
    This was the early internet which only showed static websites showing text, images and links but you could not interact.
  2. What is a smart contract?
    It is some code which will be deployed on the ethereum network which can programme what will happen with money depending on the code.
  3. How is transparency achieved with ethereum code?
    It is transparent as everyone can see the code and it cannot be changed.
1 Like
#303

  1. Web 1.0 was the first web deployed were everything was static and it was composed of mainly text, images and links.

  2. A smart contract is the core of Ethereum, it is pieces of executable codes. They can handle money.

  3. When a smart contract is created and on the blockchain, it is available to anyone to see the code, and no middle man or third party is required.

1 Like
#304
  1. The internet with pages that had static script, links, pictures
  2. It is a programmable blockchain that will operate based on the rules of the contract.
  3. As with the bitcoin blockchain once a block is mined and the data is on the blockchain it can not be changed and it’s transparent to everyone
#305
  1. web 1.0 was a basic internet where you can see text, picture, links. Static, not
    adaptable web pages.
  2. smart contract is a small piece of code or a set of rules running on the blockchain.
  3. Transparency is achieved by broadcasting the information to a immutable blockchain.
    where the data can not be altered and is for all to see.
1 Like
#306
  1. First version of the internet where websites were displayed with static text (not interactive)
  2. Smart contract is a piece of code (program) that run on top of Ethereum blockchain.
  3. By removing the trust
1 Like
#307

  1. What was Web 1.0?
    Web 1.0 is a very basic limited display of information/code. It functions similar to bitcoin as you cannot do much more than tx’s without upgrading and changing it beyond 1.0.

  2. What is a smart contract?
    Contracts that are programmed to carry out specified functions within the limits set fourth in the contract. They require humans to create but not to carry out the fulfillment. If programmed well and honestly, the smart contract can be a great trust less way to do business.

  3. How is transparency achieved with ethereum code?
    As of currently, all tx’s are broadcast and seen on the ethereum blockchain. The Tx’s processes are on an open ledger to be seen through sites such as etherscan.io.

1 Like
#308

  1. Text and images before javascript

  2. code that runs on a blockchain

  3. all code is on the distributed public ledger

1 Like
#309

  1. Web 1.0 was the original web, composed of website only proposing lecture-type content, like showing a texte, an image, etc…

  2. A smart contract is a piece of code programmed on top of the ethereum blockchain, that will run as intended and that have all the properties of a blockchain content : immuatability, trustless, permissionless, etc…

  3. Everything is written in the public blockchain so everyone can review the code.

1 Like
#310

  1. What was Web 1.0?
    Web 1.0 was the first version of the website. Pages were statics and only allow users to read contents such as text, images or links. Interaction between users was not possible.

  2. What is a smart contract?
    A smart contract is a contract whose conditions are automatically executed. This type of contract is unstoppable and it doesn’t require the intervention of any trusted third party.

  3. How is transparency achieved with ethereum code?
    Information is public so anyone has access to it.

1 Like
#311
  • What was Web 1.0?

Web 1.0 refers to the internet in its initial days when websites were static, no more than plain text, pictures and links.

  • What is a smart contract?

A smart contract is code that can function on top of a blockchain, it is a contract that can program assets with defined rules.

  • How is transparency achieved with ethereum code?

Transparency in Ethereum is achieved in the same sense that it is achieved in Bitcoin. Through Ethereum’s Proof of Work protocol, nodes uphold the network while validators validate the transactions. If anything within the smart contract is changed, it will change the hash of the whole block.

1 Like
#312

  1. Web 1.0 was the Internet before the Javascript. Thery were display website with no interaction with the user.

  2. A Small contract is a small pieces of code which execute instruction about what you are going to do with money

  3. Transparency is the consequence of way solidity work which means that each transaction is completely visible when it is done and anybody can read it.

1 Like
#313

1. What was Web 1.0?
Web 1.0 is a static web which can only be used for three functions: text, image, link.
2. What is a smart contract?
Smart contract is some kind of small piece of code run on ETH blockchain by using the solidity which is a programming language. And smart contract can be used for arranging your money.
3. How is transparency achieved with ethereum code?
You can see who send the money and who receives the money on line.

1 Like
#314
  1. What was Web 1.0?
  • The first instance of the internet where you have very limited function over read and write. Before JS that changed the web.
  1. What is a smart contract?
  • A smart contract is a code on the blockchain that removes trust as everything can be verified. You can program an outcome to be realised if certain parameters are met within the code/contract.
  1. How is transparency achieved with ethereum code?
  • Everyone can read the code and see what the contract does. Completely transparent.
1 Like
#315

  1. Web 1.0 was the beginning of the internet before JavaScript was added. It had static websites which could only show texts, images and links.

  2. Smart contracts are small pieces of code that can hold money and program exactly what they’re gonna do with that money (programmable money). They are running on the Ethereum Blockchain in a completely decentralised way and there is no way to stop them or shut them down. Solidity is the program language that creates smart contracts.

  3. By removing trust, because everyone can see and read a smart contract but no-one can change it, reverse it or delete it from the Blockchain.

1 Like
#316

1 First phase of internet that is read only that is Static and Text
2 Smart Contract is small pieces of code that run in the Block Chain
3 Transparency is achieved by once the code is created then it cannot be changed

1 Like
#318
  1. The first version of the web with static websites where you could only read and share information.
  2. A smart contract is a small piece of code that runs on the Ethereum blockchain.
  3. Everyone can read the smart contract but it is impossible to change the smart contract.
1 Like
#319
  1. Web 1.0 was the static website that you could write text, have images and link something.
    2.A smart contract runs on Ethereum blockchain with code of your wishes put into this contract that does not need a third party involved and unstoppable until it is completed.
    3.It cannot be changed because of the blockchain being secure.
1 Like
#320
  1. Web 101 is the first script for the internet. It was very basic. You could only text, share images and links. It was static.
  2. A smart contract is a small piece of code called solidity that runs on the ethereum blockchain. It is decentralized and transparent. A smart contract makes money / assets programmable. With a smart contract you can program and execute an agreement without trusting a third party.
  3. Transparency is achieved with ethereum code by Pow. All can view the blocks. The blocks are immutable.
1 Like
#322

  1. Web 1.0 was the starting point of the internet, before Javascript, which only allowed for the exchange and access of information, contrasting to Web 2.0, which was dynamic and programmable.

  2. A smart contract is code deployed on the Ethereum network that once deployed is not changeable or reversible (beyond the programmed parameters of the code).

  3. Transparency is achieved on the Ethereum network due to the fact that all smart contracts are accessible to anyone; anyone can view the parameters of the smart contract, as in what funds are being added to the contract, and all the terms of what will happen with those funds within the code.

1 Like