Homework on Ethereum Intro

Ethereum 101
#3572
  1. A static web just for consume the information but cannot interact with
  2. A small piece of code that programs the condition of transaction, it runs on Ethereum blockchain
  3. It’s on blockchain network meaning every one can see it and no one can alter.
1 Like
#3573

1, the first version of the Internet
2,trusless code that forms an agreement
3,buy verification on the public blockchain

1 Like
#3574
  1. It a type of static website where information can only be displayed.
  2. A smart contract is a piece of code that gets executed when a few conditions are fulfilled.
  3. Everyone can view the code.
1 Like
#3575

  1. Web 1.0 was a version of the internet very basic without javascript.

  2. Smart contract are agreement with two people based on a mathematical code.

  3. transparency is achieved by not being able to change an agreement once is deployed.

1 Like
#3576
  1. static internet, not dynamic. Web with text, images, links
  2. Small pieces of code, running on the blockchain, defining transactions of money, for example giving money to a kid at certain grades or letting children inherit my fortune after a certain time of inactivity on the blockchain. The transactions are irreversible and unstoppable and happen without middlemen.
  3. Everyone can consult the block chain via ethplorer
1 Like
#3577

1.Web 1.0 - Only shared info like documents or images, it did not have the capability to have videos

  1. A smart contract is a trustless piece of code on the blockchain that decides what to do once certain information is given to it. It is transparent so anyone can see what is going on. It also removes middlemen such as unnecessary bankers.

  2. Transparency is achieved because anyone can view the code, it is open source. The code is unstoppable it cannot be altered

#3578
  1. its static technology that was used before the internet, which was very limited compared to now.
  2. its small pieces of code running on the ethereum blockchain.
  3. its in the public domain and no smart contract behavior can be altered once deployed
1 Like
#3579

  1. What was Web 1.0?
    Information is basically static on web 1.0. It is not programmable and dynamic. So basically it is purely to display information only. You can’t open any accont on the website or have live chat.

  2. What is a smart contract?
    You can write your will in a smart contract as it is dynamic and programmable like web 2.0. Once it is written, it can never be changed. It is transparent so it is helpful to prevent any corruption.

  3. How is transparency achieved with ethereum code?
    All nodes in the network will have the same version of a copy. Whenever there is any changes in the block, it is broadcastd to all the nodes, so the public is aware of the changes.

1 Like
#3580

What was Web 1.0?

Web 1.0 was the first stage in the conceptual development of the world wide web. The first generation of web pages is mainly information. The web was centered around a top-down approach. Adding information was not possible for everyone. Users could only view information, they could not add contributions to the content of web pages themselves. Web 1.0 web pages are closed to external editing. The information can therefore only be modified by the webmaster.

What is a smart contract?

Smart contracts are self-executing contracts with the terms of the contract between buyer and seller directly written into lines of code.

How is transparency achieved with ethereum code?

All the data is transparent and available to be traced by anybody but the confidentiality can be achieved by encryption. In other words, the confidential information is saved on the blockchain in an encrypted format, and the keys of decryption can be shared only with authorized individuals.

1 Like
#3581

From an agreement viewpoint, how is Ethereum unique in relation to bitcoin?

Ethereum makes brilliant agreements conceivable, Each hub has EVM, to peruse keen agreements, to have the outcomes.

How are shrewd agreements executed in Ethereum contrasted with in an ordinary PC?

In Ethereum keen agreements are perused by EVM, then, at that point EVM advise the central processor to execute the savvy contracts.

A typical PC is computer processor straightforwardly to peruse and execute the program.

What are the advantages of executing the code on numerous hubs rather than simply single PC/worker?

Greater security. The entire organization can keep similar states. Agreement additionally expand on this.

1 Like
#3582

  1. It was the beginning of the web when not much could be done on sites, they were static.

  2. A smart contract is a programmable asset that can be put in a blockchain.

  3. The code is open to the public so anyone can see the transactions taking place.

1 Like
#3583

What was Web 1.0? Web 1.0 was the first generation of the world wild web as it only allowed for read only privileges.

  1. What is a smart contract? self-executing contracts with the terms of the contract directly written into lines of code

  2. How is transparency achieved with ethereum code? Ethereum is an open source platform allowing anyone to actually see the code behind commands.

1 Like
#3584
  1. Web 1.0= Start of internet - only had text, images and links
  2. Smart contract= Small pieces of code that run on the Eth Blockchain
  3. the transactions are visible- publicly available on the BC
1 Like
#3585
  1. Basically a non-interactive version of the internet, where websites only were able to only show text, pictures and links.
    2.A transparent, small piece of code, that only acts if certain ( specially determined ) parameters are met.
    3.Due to Ethereum beeing build on the Blockchain, the immutability allows for everybody to see and check the transactions/smart contracts, etc. without beeing able to alter/ change it.
2 Likes
#3586

  1. Web 1.0 consisted mainly on static pages and limited user interaction, being the first version of the World Wide Web.

  2. Smart contracts is a programmable, self-executing contract able to hold and manage money inside the blockchain.

  3. Transparency is achieved because the source code of a smart contract is visible to everyone to check and verify it’s integrity.

1 Like
#3587
  1. What was Web 1.0?
    Web 1.0 are static websites, they could only show text, images and links.
  2. What is a smart contract?
    Small pieces of code that run on the ethereum blockchain, these codes are written with the solidity programming language.
  3. How is transparency achieved with ethereum code?
    All nodes will have a copy of the blockchain and thus anyone can verify the smart contracts.
2 Likes
#3588
  1. Web 1.0 was an era when the web was made up of static webpages (featuring text, pictures, links, etc.), primarily written in HTML and CSS, and had the main purpose of transmitting information.
  2. A smart contract is a contract on a blockchain which facilitates programmable asset transactions.
  3. Transparency is achieved by ethereum being on the blockchain, open-source, and decentralized.
1 Like
#3589

  1. Web 1.0 was when websites were simple and static (i.e. text, simple images, links)

  2. A smart contract is a trustless, programmable contract on the blockchain. These contracts can be used to send and receive assets, lock funds into DeFi protocols and exchange funds with agreed terms, for example.

  3. Transparency is achieved through the blockchain, since it’s an open ledger that anyone can see. The code will show how contracts will be executed so it’s easily verifiable. It is also open source and decentralised.

1 Like
#3590

  1. Web 1.0 was the internet before Javascript where all there was was links, text, and images.

  2. A smart contract is a piece of software that is on the blockchain through ethereum. Smart contracts are trustless and the currency sits in the blockchain until a job is complete and then it is sent to whomever completed the task on hand.

3.Transparency is achieved with ethereum code because everyone can see the transaction, and there is no way to reverse a contract once it is in the system. This makes it impossible to lie and not give someone their money.

1 Like
#3591
  1. Web 1.0 was the internet without javascript. An internet with only static text, image filled websites only for information.
    2.Smart contract are codes that run on the Ethereum blockchain. It is similar to a business contract programable for everyone in the blockchain to see.
  2. Transparency is achieved with Ethereum code through the blockchain because everyone on the blockchain can see all the transactions including all the smart contracts.
1 Like