Homework on Ethereum Intro

Ethereum 101
#3652

  1. What was Web 1.0?
    Web 1.0 was the first stage of development on the World Wide Web that was characterized by simple static websites.

  2. What is a smart contract?
    Smart Contracts are small pieces of code that can run on the Ethereum Blockchain

  3. How is transparency achieved with ethereum code?

    It works similarly to the Bitcoin Blockchain, where all the data is visible for everyone, and this data is immutable once is add to the Ethereum Blockchain

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#3653

  1. Web 1.0 is the first instance of Web Development. Static Pages with text, images, links, etc.

  2. A smart contract is an unstoppable, trustless, transparent app that deals with monetary transactions.

  3. Transparency is achieved with ethereum code by eliminating the middle man.

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#3654
  1. What was Web 1.0?
    A Static Website that can only read and share information such as text, images and hyperlinks.
  2. What is a smart contract?
    Smart Contracts are small pieces of code that run on the Ethereum blockchain.
  3. How is transparency achieved with ethereum code?
    Anyone can see the transactions on the blockchain making the transactions transparent.
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#3655
  1. It is the first generation for ethereum running the node and mining.
  2. A smart contract is the crypto for the agreement to gain from the asset with buyer and seller.
  3. It can be traced by anyone but can be confidential when it’s with crypto ethereum that’s only authorized by owner.
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#3656

  1. What was Web 1.0?
    The internet before javascript.
    Basic programmable data.

  2. What is a smart contract?
    A trustless contract of data designed on the blockchain.

  3. How is transparency achieved with ethereum code?
    Because the code is open source, its easily traced and open for anyone to see.

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#3657
  1. web 1.0 is basic legacy internet with flat web pages - graphics and text, that’s it
  2. smart contract is code that runs on ethereum blockchain
  3. open source, can be viewed on blockchain
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#3658
  1. Web 1.0 was the world first web revolution mainly static pages of texts, images…etc.
  2. A smart contract is a small pieces of code that can run on blockchain. It is written by a language called solidity.
  3. It is allowing us to eliminate a trust in a middle man, trustless system, decentralized blockchain.
1 Like
#3659
  1. What was Web 1.0?

The internet when all of the websites were static, this was before JS(JavaScript) was added and there were no dynamic sites/big webapplications.

  1. What is a smart contract?

A programmable contract on the blockchain where once it is written it will execute whenever certain conditions are met.

  1. How is transparency achieved with ethereum code?

Anyone can read the smart contract as well as the blockchain. As such, all of the data is freely available to anyone who is able to understand it.

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#3660

  1. Web 1.0 was before Java Scrip, ie a static page with text, images and a link

  2. A smart contract is a programme (solidity) sorted / written on the blockchain that deploys once a certain / predetermined conditions are met.

  3. The predetermined conditions can not be amended and run once they are meet, trust is removed as well as the middle man

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#3661

  1. Web 1.0 was the original web with Static websites. You could only read text, see images, click on links and the like. You could not chat, create accounts, or interact with the website like you can with Web 2.0 which has dynamic websites.

  2. A smart contract is a small piece of code that can hold and and send money. The money will only be sent once the conditions of the smart contract have been met. A smart contract can not be undone.

  3. Both parties can see the code of the smart contract and therefore know exactly what it will do. This makes doing business transparent and trustless.

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#3662
  1. What was Web 1.0?
    Basic website hosting of data such as text and images
  2. What is a smart contract?
    Programable contracts held on the blockchain which can be executed given the terms of the contract are met.
  3. How is transparency achieved with ethereum code?
    The information on the network can be viewed by anyone and smart contracts cannot be amended by anyone. There is no way for someone to manipulate the system to benefit themselves or others, therefore creating a trustless environment.
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#3663
  1. What was Web 1.0?
    Web 1.0 is first version of internet. where we can read only .everything is in written form only.
    2.Small contract is like Agreement is written in Solidity language and run of ethereum
    Blockchain,and once is written can not be change.
  2. Once smart cantract written it can not be change so it become more transparence for everyone to verify.since everything is on blockchain .
1 Like
#3664
  1. What was Web 1.0?

Static HTML websites

  1. What is a smart contract?

A smart contract is programmed self-executing contract on the blockchain.

  1. How is transparency achieved with ethereum code?

Code is visible and immutable.

1 Like
#3665

  1. What was Web 1.0?
    Web 1.0 produced, simple, static, websites which could only show text, images and links. Web 1.0 was a simplistic version of todays internet that would only perform basic read or information sharing.

  2. What is a smart contract?
    Smart contracts are small pieces of code that run on the specified blockchain. Anyone can produce a smart contract with Solidity program and deploy it on the Ethereum blockchain. Any program deployed on the blockchain is completely unstoppable and transactions are completely visible. Smart contracts can stipulate what conditions need to be completed before the contract is finalised.

  3. How is transparency achieved with Ethereum code?
    Everyone has the ability to see the code on the blockchain. No one can alter the smart contract or change the way the contract has been programmed to behave. It is decentralised from government and removes the need for trust in other humans.

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#3666
  1. WEB 1.0 is internet based on a static internet sites, where U can have only information, fotos or links. Without interaction or personalised versions of the sites. After Java Script were added this changed to WEB 2.0 where U can script the site to personalised needs of a user, add chats, profiles etc.

2.Smart contract is small piece of code running (here) on etherum network. It is designed accroding to need of creator and use case. It holds and runs on a set of rules that implement the idea and keep these rules to be executed as scripted.

  1. Transparency in blockchain is achieved by free and open acces to all former blocks of blockchain, where rules are written and held without any posibility of change.
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#3667

1.) Web 1.0 is a very plain jane internet with texts and images
2.) Programmable code that runs on the Ethereum network
3.) eliminating the middle man and trusting the Ethereum network. The Etheruem code uses the same properties as Bitcoin to have its transparency

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#3668

  1. Web 1.0 is a static and archaic version of the internet that consisted of only text, images, and links.

  2. A smart contract is a programmable transaction that cannot be changed or meddled with. The only way a smart conctract can be changed is if the contracts requirements are met or the contract doesn’t complete the requirements and they funds are refunded to the owner.

  3. Transparency is achieved by the ethereum code by having a trsutless network. The network is decentralized and tracks everything coming in and out of the network. Nothing is unseen.

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#3669
  1. What was Web 1.0?
    Web 1.0 was the most basic version of the internet with only static content featuring text and images.
  2. What is a smart contract?
    A smart contract is code that runs on the blockchain that is programmable. Allowing for programmable money.
  3. How is transparency achieved with ethereum code?
    Don’t trust verify. Ethereum is open source protocol that anyone can use. Anyone can verify the math/origin of assets via the blockchain.
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#3670
  1. Web 1.0 is the internet without Javascript. Websites consisted of just text, images, and links.
  2. Smart Contracts are computer programs or Transaction protocols which are intended to automatically execute when certain conditions are met. All participants can be immediately certain of the outcome, without a middleman’s involvement or time loss.
  3. The contract and code is available for anyone to see. As there is no middleman, it’s only the code you must trust in. It does what it’s programmed to do. Hence the term, Don’t Trust, Verify
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#3671
  1. Web 1.0 is the basic and first version of the internet. It can only support static content such as text, images and links.
  2. A smart contract is programmed payment of money. In other words, the money is basically told how to behave in various conditions.
  3. Ethereum code allows for transparency because anyone can see the code on the blockchain and it cannot be altered or changed. The contract will continue as it was programmed and no one can change that. Since the code is already verified and inserted into the blockchain, there is no need to trust a third party, middleman, or anyone else.
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