Homework on Ethereum Intro

Ethereum 101
#343
  1. Static web pages consisting of text, images and links.
  2. Software on the blockchain.
  3. All transactions and smart contracts are stored publicly on the blockchain.
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#344

  1. Web 1.0 was is the old internet where you could only read and share information you could not have any accounts or to have any social media on it. Web 1.0 was a static website that could only show for example text, images or links.

  2. A smart contract is a code made with the programing language called solidity that can be executed on the Ethereum network. With a smart contract, you can program it so that it can hold your money and so that if you do a specific action it will send you the money back and you don’t have to trust any middleman you just need to trust the protocol.

  3. Because in Ethereum as soon as you do some business or do a transaction on it everyone can see every steps you made, nothing is hidden in Etherieum everything is transparent. So it would be impossible to cheat on anything just because you have a higher position than others. Because it is engraved in the blockchain.

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#345

Annotation 2020-04-13 112049

  1. In simple words a set of static websites that were not yet providing interactive content. It would only aloud to search and read the content .
  2. Is a computer protocol created to digitally facilitate, verify or enforce the negotiation or performance of the contract created between the parties . After contract its being created its self executing and its being stored on the blockchain where one has control over it. With that system in place we call it trustless in this eco system .
  3. a) By all transactions " smart contracts " being posted on blockchain .(Are transparent nature of this technology anyone can verify or view the transaction )
    b) Removing middle parties in order to verify or audit the transactions… No room for shenanigans :wink: .
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#346

1 Web1 was the old internet and not very user friendy. The next edition included java and made it easier to interact.
2 Smart contract is a programmable output that execute only after the conditions are met.
3 Because ETH code is verifyable by all users on the blockchain its transparent and nobody needs to rely on trust to know if the outputs will be available

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#347

  1. Web 1.0 was the prototype of internet in which web pages were static and without much content and adaptability, mainly comprising of some text, images and links.

  2. Smart contracts are programmable codes that run on a blockchain. They are unstoppable, trustless and transparent, and relying their trust only on the technology behind them.

  3. Transparency with ethereum code is achieved by tracking the information in the trustless public ledger in the blockchain.

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#348
  1. Web 1.0 was the first iteration of the internet and was pre-java script
  2. A smart contract is a set of code that controls money on the blockchain
  3. Anyone can see the code in the smart contract and the code cannot be changed once it is in the blockchain.
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#349
  1. Web 1.0 was the early version of the WWW, wherein we could have text, images, links, but it was static; displayed the same for all visitors.
  2. A smart contract is a piece of Solidity code that runs on the Ethereum (for example) network. It can send and receive money, and make decisions based on its programming. It is immutable once deployed, like txs in Bitcoin.
  3. Everyone can view the code for a smart contract, as it exists on the Ethereum blockchain.
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#350

10 months later and is still the same??

#351

A1, A static website, we only had images,texts,links,

A2, A small piece of code. Run on the Etherium Blockchain.

A3, Eth code is verifiable by users, its transparent and removes the need for trust in parties. The code can be seen by anyone.

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#352
  1. Web 1.0 was a static place with no dynamic or real time interaction.
  2. Smart contracts are unstoppable & programmable money.
  3. It is done on a public ledger
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#353
  1. Web 1.0 was the first version of the internet, with only static displays
  2. A smart contract is code run on ETH blockchain to process conditions amongst transactions
  3. ETH code can be seen by the entire world. Don’t trust, verify!
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#354
  1. Web 1.0 was only static websites that could show test, images and maybe links only.
  2. A smart contract are small pieces of code that is intended to digitally verify, facilitate or enforce the negotiation or performance of a contract without adding third parties.
  3. Ethereum code is performed in a decentralized manner where it increases transparency and “trustlessness”.
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#355

Web 1.0 was the first version of the net which was static pages you could just read and share.
A smart contract small pieces of code that are programmable through solidity onto the etherium blockchain.
It is transparent as it the information can be seen and verified from start to finish, you cannot go back and change a block and so it can be trusted.

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#356
  1. Web 1.0 was static pages with no dynamics.
  2. A smart contract is a small piece of code that owns money and makes decisions.
  3. Transparency is achieved because anyone can see the code.
#357

  1. What was Web 1.0?
    Web 1.0 was the first version of the internet. It allowed static websites with only text, images, and links, and the users only were able to read and share information.

  2. What is a smart contract?
    A smart contract is an unstoppable piece of code (program) that executes exactly as it is set up by the developers. They permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority.

  3. How is transparency achieved with ethereum code?
    When deployed on the blockchain smart contracts becomes public for everyone to examine them and their information is immutable.

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#358

  1. Static html, text, links and images.

  2. It is a program that executes a transaction when certain conditions are met.

  3. Transparency is achieved as there is decentralization and you cannot edit a smart contract without editing blocks on the chain.

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#359

  1. What was Web 1.0?
    Web 1.0 was internet without JavaScript. So there was no chats or accounts to be accessed; just text, image and links.

  2. What is a smart contract?
    A smart contract is a way for transactions to take place once a certain action or stipulation is followed through on. It is totally transparent, cannot be altered, and can own and decided on what to do with money depending on what is programmed into the contract.

  3. How is transparency achieved with ethereum code?
    Transparency is achieved by removing the middle man and allowing for trustless transactions to take place. Two individuals can complete a transaction without ever having to trust each other, and only having to put trust in the technology that is being used. In knowing that a smart contract cannot be altered by any one once it has been created, there is transparency.

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#360

  1. What was Web 1.0?
    It was the first version of the internet a simple version only static websites. Less things you
    can do whit it than nowadays.

  2. What is a smart contract?
    A code in the Ethereum blockchain with different parameters to achieve and if they are
    met it would act apon agreement of both parties. And it can not be changed cause it is on
    the blockchain.

  3. How is transparency achieved with ethereum code?
    True the Public blockchain

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#361

  1. What was Web 1.0?
    A. It is a static website. You can only do TX’s, images and links, not interactive content.

  2. What is a smart contract?
    A. A Smart contract is a digital code that is dynamic and programable. It is programed to execute transactions how you want and is unstoppable.

  3. How is transparency achieved with ethereum code?
    A. Once a smart contract is placed on the blockchain it is decentralized and open source and is visible to everyone. As with Bitcoin the code cannot be changed. It removes the middle man and is trustless.

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#362

1- it was the first internet, where the sites were static, before java came and made possible the programmability of content.

2- it is programmed money, and it was created by Ethereum.

3- the smart contracts go into the blocks of the network and are submitted to the consensus.

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