Homework on Ethereum Intro

Ethereum 101
#4092
  1. Web 1.0 were the first websites that existed. They were static websites based on text, image and links were the users could only read.
  2. A smart contract is a way to program money using small pieces of code with a programming language called Solidity. It allows as to program money without trusting third parties.
  3. Transparency is achieve because all txs are public. It is possible to visualize who is sending and receiveing the money.
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#4093
  1. Web 1.0 is old static sights where users are only able to read and look at text/images.
  2. A small code that once approved is a permeant addition to the blockchain.
  3. Transparency is achieved by allowing the blockchain to be ran open source for everyone to see.
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#4094

Homework - Ethereum intro

What was Web 1.0?

Web 1.0 was static pages with information to read, information to show and maybe a picture here and there.

What is a smart contract?

A smart contract is a contract that will be executed because it has been added to the blockchain and can not be changed.

How is transparency achieved with ethereum code?

The contracts are obsolete and cannot be altered, while at the same moment read by everyone. This transparent and trustless.

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#4095

  1. What was Web 1.0?
    Web 1.0 consisted of static texts, images and links. You could only read and share information no interaction.

  2. What is a smart contract?
    Smart contracts are small pieces of code that run on the Ethereum blockchain, that are created using a programming language called Solidity.

  3. How is transparency achieved with ethereum code?
    Transparency is achieved with ethereum code similar to the way that it is with bitcoin, everyone on the blockchain can see what is happening. Again this creates a trustless environment, no need to trust middle men just trust the math and technology,(Immutability).

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#4096

1/ web 1.0 was the beginning(earliest version) of the internet, websites were static only, known as the "read-only web).
2/A smart contract is a protocol(program) on the blockchain which automatically executes when predetermined conditions are met. This can not be reversed and simplifies transactions between parties without the need for a middleman or trust.
3/ creates enviroment of trust as logic and info is visible to all particapants on the blockchain therefore certain of the outome

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#4097
  1. What was Web 1.0?

Web 1.0 is only static websites. There is only the ability for the end user to read content not to input anything. Web 1.0 is not customizable for each end user which happened later on with the introduction of scripts

  1. What is a smart contract?

Smart contract is code that can hold “money” and make automated decisions on its distribution based on pre-programmed outcomes

  1. How is transparency achieved with ethereum code?

Smart contracts on Ethereum are visible for anyone to see. The end users can check the code and see what the contract’s rules are

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#4098

  1. Collection of different data sources without the possibility to interact with other users of the ‘Web 1.0.’

  2. Piece of code, programmable digital money, embedded in a contract account on the ETH blockchain - which needs to be initiated and can then execute code on the blockchain via EVM on full nodes - in combination with other smart contracts, even form more comprehensive dAPPs.

  3. Once the code is deployed, you can’t change it - there are possibilities to modify smart contracts by deploying other smart contracts - but the SM itself is immutable once stored on the blockchain. In addition the public nature of a permissionless blockchain makes the code - open source.

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#4099
  1. What was Web 1.0?
    It is a static internet where the users can not interact with each others.
  2. What is a smart contract?
    It is small codes where we can program it with solidity language.
  3. How is transparency achieved with ethereum code?
    Every one can check the smart contract. And no need to trust a middle man och a human. It is all programed with codes
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#4100
  1. ability to script add links. Very boring websites.
  2. Programmable contracts that execute according to rules that are given to them. It can hold the money and release it after certain conditions are met.
    3.Because everyone can see what is happening with the money on the blockchain.
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#4101

  1. Read only

  2. A program that executes when a predefined event occurs

  3. Every smart contract can be viewed on the public block chain before it is signed.

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#4102
  1. What was Web 1.0?

The internet was very static with only text, images and link. There was no interaction. You could only read and share information.

  1. What is a smart contract?

A smart contracts consists of small pieces of code that run on the Ethereum blockchain.It is unstoppable, you can see who is sending and receiving money (txs). You own and decide what to do with money.
SC will hold that money unless it is programmed how to take it out.

  1. How is transparency achieved with ethereum code?

It is about removing a middle man (trustless) which allows us to do business with anyone. There is no way to reverse transactions and everything is public so you can see what kind of transactions have been done in the past. There is no way to cheat and skip the line as everything is registered.

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#4103
  1. Web 1.0 is where only basic functions like text, links, and an image can show up on a website. Nothing programmable or custom.
  2. is a small piece of code. it’s unstoppable and transparent.
  3. Since it’s on the blockchain, everyone can see everything. You can’t hide anything.
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#4104

  1. Web 1.0 was the first version of the internet where all you could really do is text, see images, and maybe have links. This type of version was considered to be static and was before javascript was added.

  2. A smart contract are small pieces of code that run on the Ethereum blockchain. It uses a programming language called Solidity.

  3. The ethereum blockchain has data that anyone can see for themselves therefore creating a trustless system

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#4105

  1. Web 1.0 was static internet that could only display text and images.

  2. A smart contract is a programmable piece of code that can hold money. It is immutable, transparent and trustless.

  3. The code is open for anyone to view and verify.

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#4106

Ethereum Intro

  1. A version of the internet where the info was static.

  2. Software written in Solidity where an transaction/output will happen when certain criteria are met.

  3. It is achieved by having the smart contracts and transaction visible on the blockchain.

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#4107
  1. What was Web 1.0?

The early era of the internet when web pages were static “read only” and no interactive elements enabled by languages such as JavaScript.

  1. What is a smart contract?

A piece of immutable code that resides on the blockchain. It can hold tokens and interact with other addresses based on the rules of the code.

  1. How is transparency achieved with ethereum code?

Ethereum is a public permissionless blockchain. Anyone can view the history of transactions or check the contents of a smart contract using a block explorer.

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#4108

  1. Web 1.0 was the time when websites were only static. You could only portray text, images and links.

  2. A Smart contract is a contract made of code on the blockchain. The contract is fulfilled and the funds are paid when the conditions coded into in are completed.

  3. Transparency is achieved with Ethereum code just like the Bitcoin code, it is open for anyone and everyone to read the code. You cannot go back and change code on for example a smart contract, just like we cannot undo a block or transaction on the Bitcoin blockchain. There are no middlemen and it is a trust less system. Don’t trust, verify.

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#4109
  1. Web 1.0 was when internet web pages were essentially “read only” with text, images, and links.
  2. A program stored on the blockchain that will execute tasks once preset conditions have been met.
  3. Transparency is achieved by allowing everything on chain to be verified publicly removing the need to trust anyone.
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#4110

Web 1.0 was a read-only, static version.
A smart contract is an agreement written in code, solidity, that is immutable and irreversible.
The smart contract is open and available for anyone to read. It is trustless and cannot be altered or reversed.

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#4111
  1. Static Website
  2. Smart Contract is a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement.
  3. Using a smart contract transparency is achieved by using blockchain.
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