Homework on Ethereum Intro

Ethereum 101
#423 
  1.  What was Web 1.0?

Text-only based communications

  1.  What is a smart contract?

An agreement that comes in form as a decentralized application that is triggered and executable without third party intervention

  1.  How is transparency achieved with ethereum code?

Via the nature of a blockchain that globally exposes the unchangeable terms and conditions of a transaction

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#424

@K.Deorgins also check this one for the question 2 :slight_smile:.

Also a Smart contract is a set of programmed instructions in Solitidy (programmable language) that run on the Ethereum Blockchain through the EVM (ethereum virtual machine).

@Fabrice
Carlos Z.

#425

  1. What was Web 1.0?
    Web 1.0 was the early stages of the internet with static websites that only showed text, images and links

  2. What is a smart contract?
    A smart contract is an unstobbable, small piece of code that can hold money

  3. How is transparency achieved with ethereum code?
    Public, open source code on the blockchain

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#426
  1. Photo, texts and links only. Pre-Java Script
  2. A programmable contract that can be modified to fit your needs.
  3. Itā€™s on the block chain and available for everyone to see.
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#427

  1. What was Web 1.0?
    Web 1.0 is the web pre JavsScript. This is before there were interactive websites, the websites were only static.

  2. What is a smart contract?
    Contracts that are programmed in the blockchain.

  3. How is transparency achieved with ethereum code?
    Ethereum contracts are permissionless, meaning that once a smart contract is up there is no need to trust anyone because you can verify everything yourself.

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#428

  1. Web 1.0 is a term that came into existence only when the term Web 2.0 was introduced by Darci DiNucci in order to differentiate the differences between the new format of the web from the old one. Web 1.0 was the archaic version of the internet where only basic information such as text and pictures where used to display information. It was an era plagued with incompatibility issues, slow data flow, and no interactivity among other myriad problems.

  2. A smart contract is an algorithm within a system with predefined and agreed parameters between entities in the dissemination of assets.

  3. A smart contract is programmed so that assets such as money or even properties are distributed between the entities after the completion of the parameters. Either party on each side of the contract can not in any way alter the parameters unless it was written in the code and both parties are aware as such. These leads to greater transparency and the trust is placed on the algorithm and not on the parties involved.

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#429
  1. The older version of the web where you only could have a website with static info, text, images and maybe a link. not programmable at all. very basic.
  2. A smart contract is a contract written on the ethereum blockchain in solidity language, programmable, transparent and trustless. Should be used by governments to avoid corruption.
  3. A smart contract is created and stays on the blockchain. Nobody else than yourself can change it.
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#430

#1 - What was Web 1.0?
Static webpages with text, images and links, but without dynamic JavaScript content

#2 - What is a smart contract?
A programmable digital contract

#3 - How is transparency achieved with ethereum code?
Through blockchain, every transaction ever happendend is recorded on the blockchain

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#431
  1. Web 1.0 is the web that enabled static websites with text, images & links.
  2. Smart contract is a small piece of code that runs on Ethereum blockchain, owes money and decides what to do with money. The solidity programming language is the programming language used for smart contracts.
  3. Transparency is achieved with ethereum code, because everybody can see where the money has come from and where has gone/will go. There is no need for third parties/middlemen and nobody can reverse what a smart contract is supposed to do (just like we cannot change transactions on the bitcoin blockchain). So no trust is needed.
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#432
  1. Web 1.0 was static web pages used for information sharing.
  2. A smart contract is a piece of code that runs within the blockchain. It is transparent and unstoppable once uploaded to the blockchain.
  3. Transparency is is achieved with Ethereum code because everyone can read the smart contract once it is uploaded to the blockchain.
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#433
  1. Web 1.0 was the beginning of the internet and only hosted Static items such as Texts, Images and links.
  2. A smart contract is an irreversible computer coded contract which is enacted at when a particular time or outcome has been met allowing for the contract to be transacted.
  3. Ethereum code uses Solidity as a program which allows all transactions to be seen.
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#434

  1. First version of the publicly available Internet allowing only to read and share information.

  2. A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.

  3. Anyone can see and inspect the elements behind each transaction.

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#435

1.) the beggining of internet was all about static weboages pages text and images and links .
2.) Its a computer program hold on ethereum blockchain.
3.)avoids middle man its realish funds its goals are reach its inmetable and distributed.

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#436
  1. web 1.0 is is not interactive, only static. there is no Social media or chat, only information.
  2. a smart contract is a contract on the blockchain which regulates itself. the smart contract only does that what it is programmed to do and can not be changed on ce it has been put in action, therefore, there is no trust needed between persons.
  3. the programming of the smart contract can be checked, and because it only relies on the programming and the programming can not be changed once the contract is active there is no trust needed between persons. you can trust/verify the programming of the contract.

do not trust, verify

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#437

  1. The first iteration of the internet that was the basic website with an image some text and maybe a flashing banner.

  2. Program written in solidity and placed on the ethereum blockchain to take in and release value or data on a set of conditions it specifies.

  3. All the code is on the public ethereum ledger and any amendments would attempt at corrupting the blockchain.

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#438

What was Web 1.0?

  1. Web 1.0 allowed us to only read and share info, typically either texts, images or links.

What is a smart contract?
2. A smart contract is programmable money or assets. It is a small bit of code that can run on the Ethereum blockchain (and others). The Ethereum blockchain uses the programming language Solidity. A smart contract can own money and other assets (tokens), and also be programmed to decide what to do with them. As in the Bitcoin blockchain, it is immuteable in that once created it cannot be changed.

How is transparency achieved with ethereum code?
3. Everyone can see in the contract who has what and where it is programmed to go based on a set of variables. It is trustless and transparent, and as such helps to streamline many processes by eliminating the need for middle men. Ivan offers the example of state housing queues. Once a contract like this is set up, it cannot be changed. If for example a new policy came along to fast track eg prioritise returning war veterans to state housing, this would not be possible unless such a contingent had been programmed into the original contract. You really would have to cover all bases.

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#439
  1. Web 1.0 was the initial internet model. In this the web pages were static, that is the user could only read text, images etc, and couldnā€™t interact with the website. Website didnā€™t change according to the user.
  2. A smart contract is built on blockchain, and it holds money, which it transfers only when certain conditions are met.
  3. In Ethereum you can see what the smart contract is about. You can also see who is transferring money to whom. Also, once a smart contract has been uploaded it is not possible to meddle with it. Hence you donā€™t need to trust a third party, instead you need to trust the network.
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#440
  • Web 1.0 was a the basic site before JavaScript.
  • A smart contract is basically a program that contains the rules or conditions that must be met for it to be executed.
  • due to the fact that the information lives in the ledger and it is accessible for anyone to see but not reversibleā€¦meaning you cannot modify it, alter it, or stop it.
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#441
  1. Web 1.0 is static web pages containing mainly: text, links, images
  2. A smart contract is a piece of code running on a blockchain
  3. With Ethereum smart contract code every user can see/verify the code on the blockchain but cannot modify it.
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#442
  1. Basic html text, images and links
  2. It is a piece of executable code, that has been deployed on the blockchain.
  3. The code can be examined by anyone, itā€™s open source.
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