Homework on Ethereum Intro

Ethereum 101
#523
  1. What was Web 1.0?

Websites that were static, meaning only text, images, and maybe a “hyper link”.

  1. What is a smart contract?

Is small pieces of code with a set of instructions, that once executed can not be stopped until the completion of those instructions. All depends on how it is coded.

  1. How is transparency achieved with ethereum code?

It is achieved by the blockchain, and the links of utxos (transactions) that are visible to the public.

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#524

  1. What was Web 1.0?
    its the beginning of the internet. Boring websites -info only can be read and shared and it is not adaptable for the users

  2. What is a smart contract?
    Small code , dynamic and programable blockchain.Solid, transparent unstoppable

  3. How is transparency achieved with ethereum code?
    Smart contact can not be changed.No way to stop it or shut it down.
    POW-must reaches network consensus.
    We don’t have to trust each other we can verify.

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#525

  1. Web 1.0 was the initial version of the internet where web pages were not programmable, they were static representations of text and pictures and links.

  2. A smart contract is a piece of code running on the Ethereum network which can hold money and release it when certain conditions are met.

  3. The properties of the smart contracts are visible on the blockchain.

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#526

Web 1.0 was when web pages were completely static html, pre javascript
A smart contract is like blockchain version 2, a dynamic and programmable version of blockchain
Transparency is achieved with a public, decentralised, and immutable chain

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#527
  1. What was Web 1.0?
    It is the first version of the world wide web. It possessed static websites, which allowed you to display images and text.
  2. What is a smart contract?
    Smart contracts are small pieces of code that run on the ethereum blockchain by using a program language called solidity.
  3. How is transparency achieved with ethereum code?
    Smart contracts are considered unstoppable because people can view the transactions, the users can use and decide what to do with their ethereum token/money. Additionally, the blockchain users to see the people at the end of the transactions and the smart contracts, increases transparency.
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#528
  1. Boring internet, only having static web pages, text and images. java script changed all that.
  2. It is a unstoppable program managing money.
  3. Every one can see where the money is going on the chain.
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#529

1 in the beginning of internet you could only read the internetpages, not interact!

2 the contract can own money, and there are rules (the programming) what can and will happen with the money in the contract.

3 everbody can see the rules the contract and can’t change the content of the contract!

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#530
  • What was Web 1.0?
    First iteration of internet with static websites that could not provide individualized user experience
  • What is a smart contract?
    Code that allows for transaction based on specific event. A way to program money without having to trust the other party.
  • How is transparency achieved with ethereum code?
    Everyone can look at the code to understand the transaction and what happened or is going to happen and how
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#531
  1. Web 1.0 was in its nature very static and not capable of most of the functionalities it has today like social media, chats. Evth dynamic was not possible at that time (javascript coding)
  2. A smart contract is small piece of code allowing to program financial assets
  3. The smart contract can be read by anyone, so everyone knows what will happen after a certain event. Moreover, smart contracts are unstoppable and can not be changed.
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#532

  1. It is the internet with only static data like text, images and url

  2. Smart contracts is a way to handle transactions on the blockchain dynamically through coded instructions similar to a contract.

  3. Transparancy is achieved by removing any possibility of changing the contract once it is added to the blockchain.

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#533
  1. web without java script.
  2. a programmable contract that runs on the eth blockchain that holds money and controls money according to how it is programmed.
  3. it is public in the blockchain and can be checked and verified.
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#534
  1. It was the web before Javascript. Web pages were all the same for all users. With web 2.0 and javascript it became possible to interact to web pages thus creating a personalized experience.
  2. A smart contract is a self-executing contract that run on the block-chain, a programmed contract on the block-chain
  3. Smart-contracts and blockchain are transparent. Thus having a contract as a smart contract on the block-chain makes it transparent since everyone can verify and nobody can modify the smart contract or cheat to take an advantage.
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#535
  • What was Web 1.0? it was the first version of the internet where only static websites existed, no interaction -there were made of text and images.
  • What is a smart contract? It´s a piece of software that sets conditions for a transation to be able to be executed and these conditions cannot be changed or revoked.
  • How is transparency achieved with ethereum code? Everyone can read the code of the smart contract.
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#536

  1. Web 1.0 was the precursor to Web 2.0. No JS so limited capabilities for interactive, dynamic and programmable websites. With the intro of JS, developers could program their websites and users could interact far more than they could before.

  2. A smart contract is a programmable contract, usually involving some kind of capital, that executes once certain conditions have been met.

  3. Transparency is achieved much like it is on the Bitcoin blockchain. The code is available for all parties in the contract to observe and since it will execute once certain conditions are met, there’s no trust involved in either party.

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#537

  1. Web 1.0 was static websites that contained only text, images, and links. It was solely for reading and sharing information.

  2. A Smart contract is a small piece of code written on the Etherium blockchain in solidity. It is a transparent and immutable contract that can own and decide how to allocate money or assets.

  3. Transparency is achieved with solidity because all smart contracts go on the blockchain where everyone can see them and know what they are doing. Once it is on the blockchain, there is no way for someone to go back and change it so it is written in stone.

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#538

1- web 1.0 is use for basic technology such as texts, images, and links.
2- Is small pieces of codes that run in the etc using solidity.
3- because your able to verify the transactions.

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#539

  1. Web 1.0 refers to early internet era functions that enable reading and sharing of information.

  2. A smart contract is an action that is triggered by a predetermined condition.

3.Transparency is achieved by its publication on the BlockChain. All data can be publicly viewed and verified.

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#540

  1. What was Web 1.0? >> Simple stupid HTML Websites without any interaction

  2. What is a smart contract? >> decentralized code to execute contract actions without trust in a organization or entity

  3. How is transparency achieved with ethereum code? >> it is open source so everybody can work with it or analyze the implementation

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#541
  1. Web 1.0 was the first version of the web, it was simplistic with not a lot of features like the ones we know today.
  2. A smart contract is like a real contract but this one is coded on the blockchain, works like bitcoin transaction, immutability is guaranteed since blocks cant be changed. Smart contracts enable programmable money.
  3. Transparency is achieved with a decentralized and distributed network which makes the network transparent and secure.
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#542

  1. The “first version of the Internet” where you could make websites that were only able to hold text, images and links.

  2. A trustless contract, that only does what it’s programmed to do. Nobody can manipulate it, its ingrained in the Blockchain.

  3. By removing middleman and central administrators and by ingraining the Smart Contract into a decentral Blockchain.

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