Homework on Ethereum Intro

Ethereum 101
#4172

  1. Web 1.0 was the first internet. Static internet whereas no interactions could be done. Only information outflow.

  2. A smart contract is an independent automated contract running on top of the blockchain. It eliminates the intermediary and creates a trustless system where no middleman can revert or hinder a transaction in anyway. It’s created through EVMs and once its up on the blockchain, it’s immutable and will be there forever.

  3. Since Ethereum is decentralised, when deployed and verified all dapps and code can be seen on the blockchain - visible for everyone that’s interested. The contract can still be seen without it being verified but not the code.

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#4173
  1. What was Web 1.0?
    Basically just text and images. No chats or accounts.
  2. What is a smart contract?
    Programmable code for the timed transaction of money or assets stored on the
    blockchain.
  3. How is transparency achieved with ethereum code?
    Everyone can see the transactions.
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#4174
  1. What was Web 1.0?

The internet when there was no interactive elements (JavaScript). You could only look at static webpages and share content.

  1. What is a smart contract?

A smart contract is where you can put terms and conditions on your dispersal of the amount of money of your choice.

  1. How is transparency achieved with ethereum code?

The terms of your dispersal of money is visible to others so they can agree or disagree to whatever the code is.

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#4175

Web 1.0 was a static version of the World Wide Web. Web pages were text and images, and couldn’t adapt to the user as they were when Web 2.0 came along (thanks to JavaScript).

A script that programs a certain amount of money to do a certain thing when a condition is met. For example, the smart contract can be programmed to pay out money to my son when he turns 21. Or when (and only if) he finishes university.

Everyone can see the contents of the smart contracts. The transactions are trustless and nobody can change them.

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#4176
  1. What was Web 1.0 ?
    A: Static, text, image link ( very boring webside) we can not chat, no different account, no social media, only read and share information.
  2. what is a smart contract ?
    a: Smart contract is a small piece of code that run in Ethereum blockchain.
    How is transparency achieved with ethereum code?
    A: it can not be reverse.
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#4177

  1. What was Web 1.0?
    Web 1.0 were static, only text, image and links.

  2. What is a smart contract?
    A program that is executed on the blockchain. They can be programmed to have certain conditions. It cannot be changed.

  3. How is transparency achieved with ethereum code?
    It’s transparent because everybody can see the rules.

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#4178
  1. What was Web 1.0?
  • Web 1.0 was a network of static text-based sites that allowed users only to access different information but not to interact with it
  1. What is a smart contract?
  • A smart contract is a program that runs on a blockchain when certain predetermined conditions are met
  1. How is transparency achieved with ethereum code?
  • ethereum code allows for transparency of asset balances of fungible tokens and all other smart contract instructions by allowing a decentralized network of validators to verify and record all transactions performed on the ethereum blockchain, making them visible to everyone on the network.
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#4179
  1. Web 1.0 was the first version of the internet. Very basic, you could not really interact or do much else than write copy.
  2. A smart contract is a self executing contract between a buyer and seller that is written in the code. So no use of a central authority.
  3. Everyone is able to see the code and the smart contract. It auto executes.
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#4180

  1. What was Web 1.0?
    A//Web 1.0 was the first web in which you where only available to read, acces links images and share information it is also called static web site 1.0.

  2. What is a smart contract?
    A// A smart contract is a small piece of code in the block chain that holds money and decide by its own what to do with the money according to the specifications and code.

  3. How is transparency achieved with ethereum code?
    A// Transparency is achieved with the ethereum code because all the contracts, movements , transactions first are unstoppable and no body can modify it.Second no body change how smart contracts behave and everyone can see in the blockchain who receive and who send money, this achieve transparency in the ethereum code.

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#4181

  • What was Web 1.0?
    Non programmable internet. Just a one way interaction between users and the internet.

  • What is a smart contract?
    Pieces of codes built on the blockchain to extend its functionalities. If basically makes the blockchain more programmable.

  • How is transparency achieved with ethereum code?
    Through smart contracts that cannot be altered once deployed. All records are also available to be verified.

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#4182
  1. Web 1.0 was a simple static version of the internet that contains links, articles, and images.
  2. A smart contract is a contract written on the ETH blockchain with solidity and allows us to make a financial business without trusting anyone.
  3. ETH source code is visible to everyone, the idea is that all of us can read the smart contract before signing anything.
#4183
  1. Web 1.o was a static website that consist only of images and informations that can be shared acros the network.
  2. Smart Contarct is a code that run on Ethereum Blockchain. It has abilities to own and make decision what to do with the money acording to the code that was programed for. Once its deployed on the blockchain its unstopable to execute the functions that has being programed and its doing that in a tranparent way following the consensus mechanisam of the blockchain.
  3. Transparency is achived through the consensus mechanisam Proof of Stake in case of Etherium Blockchain.
#4184
  1. Web 1.0 was static read only internet - no interaction
  2. A smart contract is comprised of small piece of code, on Ethereum this can be written and developed with the use of the solidity coding language.
  3. Ethereum coding achieves transparency through the contracts deployed on the blockchain. Once they have been written to the blockchain the are immutable and can not be changed or reversed.
#4185

  1. What was Web 1.0?
    Web 1.0 was the internet that only allowed webpages to contain information, no interactions were available due to technology at the time.

  2. What is a smart contract?
    A smart contract is produced from a program like solidity that allows algorithmic code to decide what to do with the funds allocated to it and programmed what to do with it

  3. How is transparency achieved with ethereum code?
    It is publicly available, totally decentralised

#4186
  1. Web 1.0 is essentially websites that consist of texts, images, and links.
  2. Smart contracts consist of pieces of code in Solidity that allows people to receive and send crypto.
  3. Transparency is achieved with Ethereum code since there are no intermediaries involved and all smart contracts are on the blockchain for everyone to see.
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#4187

1 web 1.0 represents non interactive websites based only on text and images

2 a smart contract is a piece of uneditable code that execute the instructions for exchanging money between entities

3 transparency is achieved through deployed smart contracts that are immutable and visible to every one. trustless and verifiable

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#4188

  1. What was Web 1.0? Static- only text, image, no chat or social

  2. What is a smart contract? small pieces of code using solidity program, its unstoppable, cancels third parties envolved

  3. How is transparency achieved with ethereum code? removes the middle man, allows us to do buisness with anyone

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#4189
  1. Internet consisting only of text, images and links.
  2. The smart contract is programmed by Solidity and consists of codes that perform the task without the need for a third party.
  3. It is a code that is made public since it is on the blockchain. It is not censurable, and therefore third parties are not to be trusted. You just have to verify the code.
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#4190

  • What was Web 1.0?
    Web 1.0 was the first stage of internet - static, text, images, links.

  • What is a smart contract?
    Small code on the ETH BC. They are build using the Solidity coding language and get deployed onto the ETH network.

  • How is transparency achieved with ethereum code?
    Transparency is achieved through trustlessness and verification.

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#4191
  1. Web 1.0 was static, informational websites
  2. A smart contract is small code that runs on the blockchain. It can own & decide what to do with money.
  3. Transparency is achieved through the security and immutability of the blockchain.
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