Homework on Ethereum Intro

Ethereum 101
#3692

  1. web 1.0 was an essentially one-way implementation of serving information from central databases to the public (little to no info served back to central database, i.e. much less interactive or individualized)

  2. a smart contract is a piece of code that essentially runs code with respect to certain funds, like programmable money, an escrow in which the money is held until contractual conditions are met.

  3. ethereum code runs on (or is appended to or deployed on?) a blockchain such that once it’s in a block, it’s in public and no longer delible/mutable

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#3693

  1. What was Web 1.0?
    The original web as it was when it began, prior to javascript

  2. What is a smart contract?
    A program written to run the Ethereum Virtual Machine, or a program written on any other blockchain that runs on the actual blockchain.

  3. How is transparency achieved with ethereum code?
    By a public distributed ledger and “transactions” known as a blockchain

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#3694

Hello, my name is Robert I’m pretty new to crypto in general. I have held some token for a while but not done much with it yet. Which is why i’m here.

  1. Web 1.0 was the first iteration of the internet, which was mostly text based and none interactive.

  2. A smart contract is a contract built on the block chain network with its specific parameters defined and controlled executed by the system. Depending on its purpose and design.

3.Transparency is achieved by the current block only being accessible to mine with correct corresponding ledger representing the previous block in the chain.

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#3695
  1. Web 1.0 were basic websites that stored information on the internet (pre JavaScript era).
  2. Smartcontracts are group of conditions deployed to execute transactions on the blockchain.
  3. Transparency is obtained by the posibility of real-time auditing of contracts and transactions.
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#3696

When speaking of Web 1.0, we talk about the beginnings of the Internet the World Wide Web Revolution. As it was only to search information and read due to the lack of interaction. After this the Web began a enormous growth, taking us to the Web 3.0 in which we are at the time of the writing.

https://www.geeksforgeeks.org/web-1-0-web-2-0-and-web-3-0-with-their-difference/
https://www.practicalecommerce.com/Basic-Definitions-Web-1-0-Web-2-0-Web-3-0

After the Internet revolution, we have the Blockchain era. In were began in 2008 by Mrs. Nakamoto. After Blockchain 1.0 (which BTC was the first), we have de blockchain 2.0, in which will focus right now. In this type of blockchains exist something called “Smart Contracts” in which we can program money and interact with this money in a very particular way. We´ll use the Ethereum (ETH) blockchain to explain the “Smart Contracts”. A “Smart Contracts” can be seen as a Vending Machine, where someone maintain the Machine, and the rest of the users choose and buy the products. You cannot cheat or bribe a line of code. Every miner in the ETH blockchains supervise the optimal use of this “Smart Contracts” so that they cannot be exploited due to some bug.

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#3697

  1. What was Web 1.0?
    Static website with text and links (pre script)

  2. What is a smart contract?
    Adding money (value) and certain pre-set conditions to code -> executes automatically when the conditions are met

  3. How is transparency achieved with ethereum code?
    Everyone can read / audit the code

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#3698

  1. Web 1.0 is the first generation of Internet. It only includes static text, pictures and links.

  2. A smart contract is a way to transfer value in a way which is determined before the deployment. Only if the requirements of the contract are met will the money be sent to the recipient.

  3. Transparency is achieved by definition of clear rules which cannot be altered once the smart contract is deployed. It is possible to track transactions.

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#3699
  1. Web 1.0 is a protocol that let store information on the internet.
  2. Smartcontracts are group of conditions deployed to execute transactions on the blockchain.
  3. Smartcontracts are updated in an immutable language and readable on the blockchain. All transactions are publicly traced in real-time.
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#3700
    1. What was Web 1.0?
      Web 1.0 was the first generation of the world wide web , also referred to as the read-only web.
    1. What is a smart contract?
      Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss. They can also automate a workflow, triggering the next action when conditions are met.
    1. 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.
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#3701
  1. Web 1.0 was there initial iteration of the web, which was static and basically could be considered as information pages with limited functionality. It was a basic resource with text, images and links.
  2. Smart contracts are small pieces of code that run on the blockchain and are written with the programming language Solidity.
  3. Transparency is achieved with Ethereum code through the transaction information being visible on the blockchain.
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#3702
  1. Web 1.0 is just html, visuals for us to see but no interactions/special changes based upon user.
  2. A smart contract is code that can do something with money, such as hold until a certain requirement has been met.
  3. Ethereum code is on the blockchain available for everyone to see and understand how a smart contract works.
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#3703
  1. Web 1.0 is the internet that uses html with pictures and text shown. It doesn’t use any javascript.
  2. A smart contract is a small piece of code that runs on the ethereum blockchain.
  3. Transparency is achieved with ethereum code by allowing everyone to see the transactions. Also by using smart contracts to program money, this allows the ability to remove the middleman and companies, which creates a trust-less environment.
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#3704

1 static sites
2 A set of instructions structured in script that runs on ethereum blockchain
3 Full transparency for all to see/ validate/

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#3705

1. What was Web 1.0?

Web 1.0 consisted just of websites that had images, text, and perhaps some links with very little to no interactivity. It was with the invention of Javascript that interactivity was later added to webpages.

2. What is a smart contract?

A smart contract is a programmable piece of code that holds money until a condition (programmed into the smart contract) has been fulfilled. After that condition is fulfilled the smart contract will release the funds to the designated parties.

Because a smart contract runs on the blockchain it is secure, transparent, and requires no element of trust i.e. it is trustless.

3. How is transparency achieved with ethereum code?

Ethereum code is solidity code that runs on the ethereum blockchain. As with the bitcoin blockchain, the ethereum blockchain has the feature of transparency such that all transactions are publicly visible and are pseudonymous meaning that only the wallet addresses / public keys behind transactions are visible but the owners of them are not.

At the moment the transactions that are added to the eth blockchain are secured via proof of work / mining, but the network will transition to proof of stake soon.

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#3706

  1. Web 1.0 is a internet protocol centered around the concept and principle of Sharing Information via Text ; Links.

  2. A Smart Contract is a small piece of code programmable operating in Dynamic fashion, specific to its specified programmed interoperability.

  3. Transparency is achieved with ethereum code through the deployment of the smart contract validated propagated throughout the Network.

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#3707
  1. Web 1 is HTML and simple text.
  2. A smart contract is am agreement between buyer and seller that self executes once the terms that are written in the code are met.
  3. Executing on many nodes makes the system decentralized and allows the transaction to be verified across the whole network.
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#3708
  1. What was Web 1.0?
    • Web 1.0 was the first version of the Internet in which only static websites existed. That meant you could display information (images, links, text, etc.) but you could not really interact with the website or customize it.
  2. What is a smart contract?
    • A smart contract is basically programmable money. By using Solidity as the programming language it outlines the rules of the smart contract which cannot be altered once set since they are a fix part of the blockchain.
  3. How is transparency achieved with Ethereum code?
    • Everyone can see what is happening with the money because it is part of the blockchain and since the Smart Contracts cannot be changed it gives total transparancy and allows for a trustless society.
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#3709

  1. Web 1.0 refers to the static websites that one can only text, share images and links. It marked the genesis of web development.

  2. Smart Contract is the small codes and programs that can be build upon Ethereum ecosystem. It uses the language of Solidity and makes possible the new world of programmable assets and money.

  3. The Ethereum code is transparent in the sense that anyone can read it and understand how it works but no one can change it like the Bitcoin mining and blocks.

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#3710
  1. WEB 1.0 was static ( text, image, link)
  2. Small pieces of code running on eth
  3. The code and smart contracts are public and visible in the blockchain, ever<one can see and verify the code.
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#3711

1.Web1.0 was the earliest version of website that was very static, there were only can see information, photos or something and we could not interact with it.
2.Smart contract is a program on blockchain that will run as it was program and once deployed on blockchain cannont be changed or stopped. They are run by blockchain nodes indirectly throught EVM
3.Every program, and any interaction with any program written on Ethereum Blockchain is available to see for all user and the data are immutable, so once deployed the contract will stay like that forever.

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