Homework on Ethereum Intro

Ethereum 101
#503
  1. The first version of the Web and the websites was static.
  2. A smart contract is a program that can manage data when some events happen. It is also transparent because the code of a smart contract is publicly available on the blockchain.
  3. Once the smart contract is deployed to the network, everybody can see and verify it. There are no intermediaries involved.
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#504

1.Web 1.0 was a “Static” internet. It wasn’t dynamic and programmable which gave it limits. Java Script allowed for greater website development allowing users to script the websites making them dynamic and programmable.
2. Small pieces of code that run on the ETH network.
3. Once the smart contract is deployed into the network, it becomes unstoppable, no one can shut it down. Immutable. Users can also see the progression of transactions, who’s sending and who’s receiving.

Am I missing something here. I have yet to find out about EVM’s? Did I skip a lesson? The questions I answered seem to be different than the questions past students have answered.

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#505

I believe the course was redone at some point. Don’t worry EVM’s are covered later on as far as I am aware.

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#506

Getting into it right now. Thanks.

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#507

  1. It was the world wide web in its early stage where websites only had static functions and images and you didn’t have a program like JS which could directly interact with the website and make it more dynamic.

  2. It is codes run on the blockchain written in Solidity. A smart contract can have definitive prerequisites to it meaning that you can set up conditions in advance to execute functions such as determining that x amount of money will go to the person y if he/she does z

  3. You can’t alter the smart contract afterwards, the code is immutable just as in bitcoin transactions. Therefore we achieve trustlessness by removing the middlemen.

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#508

  1. The internet before javascript, could only show static objects

  2. A program that does the thing I initially program it to do and nothing else, it cannot be changed nor stopped

  3. Because you can’t hide anything and you can’t remove anything

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#509

Glenn_CostaRica

1. What was Web 1.0?
This was the first iteration of webpages and sites consisting or merely static content: this means pages that contained only fixed text and images and no chats or dynamic interaction with the user. It was based only on the rigid scripting language of HTML. We could not use JavaScript to make web pages dynamic with Web 1.0.

2. What is a smart contract?
It’s a piece of code that contains a program containing data and functions, and that sits on top of the blockchain instead of being in a server or in one’s computer. This code is however immutable and unstoppable. If someone wanted to change the code, this person would face the almost absolutely impossible task of rewriting the history of the blockchain thanks to the algorythms that provide security. And, it is unstoppable because, thanks to the distributed nature of the blockchain, nobody can prevent the code from being executed.

3. How is transparency achieved with ethereum code?
All code and all transactions is visible and auditable. Anyone can see and verify all the immutable and unstoppable data stored in the blockchain, including 100% of the programs (Smart Contracts) stored on the blockchain, and 100% of the executions of computation that has printed new data on the blockchain (like all transactions).

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#510

  1. The first version of internet that was very static. Could only show the same things for everyone. Javascript then came and allowed for a more personal usecase/experience of that data.

  2. A smart contract is a string of code that can be programmable in the blockchain, it serves as transparency and removes the “trust” in an agreement for an example.

  3. Transparency is achieved because the code or “agreement” is fully visible and cannot be tampered with after the smart contract has been broadcasted to the network.

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#511

1.Web 1.0 was the first version of the internet. It was static, plain, and very limited in user interaction.
2. A Smart contract is a small piece of code that is run on a block chain. It can hold and transact money and is unstoppable.
3. Smart contracts are on the ethereum blockchain which are accessible for everyone to verify.

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#512

Web 1.0 consisted only of static images, text and links.
2. A smart contract is programmable contract that is immutable and transparent.
3.It is achieved by deploying irreversible smart contracts and if someone does change them, then the whole block chain will fail.

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#513
  1. What was Web 1.0?
    Static websites. Only text, images and links.
  2. What is a smart contract?
    Pieces of code that define how money is going to be distributed once is deposited without the need of escrow services. Programmable assets
  3. How is transparency achieved with ethereum code?
    Everyone can see what is happening with the money
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#514
  1. Static web pages
  2. Programmed contract that carries out instructions based on code
  3. Public blockchain. Smart contracts are open to public as well
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#515

Hello sir, true that is Web 1.0 is before Web 3.0, but could you please explain a little bit more detailed What was Web 1.0?

If you have any doubt, please let us know so we can help you! :slight_smile:

Carlos Z.

#516

  1. What was Web 1.0? Static Web page (html & images)

  2. What is a smart contract? Programmable money

  3. How is transparency achieved with ethereum code? By removing the middle man (Making it trustless).

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#517

  • What was Web 1.0?
    The first version of the internet, only able to display images and text. Static websites.

  • What is a smart contract?
    A code that is run on the architecture of the Etherium blockchain. Smart contracts are created using a programming language called Solidity.

  • How is transparency achieved with ethereum code?
    The Etherium blockchain is visible to the public and once code is entered into the blockchain it becomes immutable.

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#518
  1. its the first ever model of internet where websites had only basic functions.
  2. its a system that is based on blockchain could be used almost everywhere. it completely removes trust and cannot be changed once implemented.
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#519

  1. What was Web 1.0?
    Web 1.0 was the first iteration of website that were static. Most websites in the 1990s had originally been built with static HTML pages, and a few simple styles embedded in the HTML markup. In the late 1990s and early 2000s, interactive website features redefined what could be accomplished in a web browser and marked a major point of evolution in the world of web development.

  2. What is a smart contract?
    A smart contract is a small computer protocol that lives in the blockchain and is activated when a user initiates it. It provides the means to activate automatically and execute programs based on specific conditions. Essentially a contract is something that is told “If” something happens, “Then” complete and execute the following task.

  3. How is transparency achieved with ethereum code?
    Transparency is achieve through ‘Smart Contracts’. By being self-administered, self-executing and administrator-free, blockchain offers a new innovative and trustworthy alternative. Instead of a system involving a central authority that can control and corrupt the system, trust is no longer exclusively placed in individuals and central institutions, but rather distributed across the population; central authorities are replaced by communities of peers in the form of peer-to-peer networks. With no single entity has the capability to take unilateral action on behalf of the community, thereby establishing a democratised system in which corporations can no longer defy the community and break the rules of the system, thereby increasing the trustability of the system itself.

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#520
  1. What was Web 1.0?

Basic static website without plugins

  1. What is a smart contract?

A decentralized programmable computer protocol written in Solidity

  1. How is transparency achieved with ethereal code?

Its open source and readable to anyone

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#521
  1. web 1.0 was the Bitcoin network using the programming language called Script
  2. smart contract is build in the web 2.0 Ethereum network using the programming language called SOLIDITY.
  3. by executing the code on a decentralized network without censorship resistance.
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#522

  1. What was Web 1.0?
    Statics website for show text, images, and one way website, no interactives

  2. What is a smart contract?
    A piece of code that can run in Ethereum Blockchain, likes programming money

  3. How is transparency achieved with ethereum code?
    Code is share with everyone, once code is added to ethereum no one can change, it’s immutable.

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