Homework on Ethereum Intro

Ethereum 101
#543
  1. It was a static platform that included texts, images and links. Little could be done. Then thanks to the introduction of JavaScript it became a dynamic platform.
  2. Smart contracts are small pieces of code that run on Ethereum blockchain.
  3. Transparency is achieved because everything that is done on the blockchain is visible to everyone. So also smart contracts. Everyone can see what they do and how, but they can’t be changed. This is why it is a trustless system. Don’t trust, verify!
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#544
  1. frist internet could only do Texts, images and links
  2. A blockchain Like bitcoin but with ability to do contracts that go on the blockchain and after they go on the blocks cant be reversed.
  3. contracts cant be reversed and are accessible to everyone to see
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#545

  1. WEB 1.0 -was static boring website only.

  2. It is small piece of code to do what we specify to execute

  3. Anybody can check the code. it is open source.

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#546
  1. Web 1.0 was a first version of the internet, which was static (only pictures, text). Introduction of Java Scripting language started era of web 2.0. Scripting language let a web page to became dynamic (chats, customising to each user became possible).
  2. Smart contract is a small piece of code written in Solidity language in which conditions required to complete TX are described. As soon as conditions are met, transaction is completed.
  3. Blockchain consist of smart contracts which are available to anyone.
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#547

  1. Static website

  2. Code on blockchain that says how and when something will happen.

  3. It is on the blockchain for all to see.

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#548

  1. Web 1.0 refers to the internet when it consisted of static web pages only. Its main purpose back then was to link and share information.

  2. A smart contract is an executable program that lives on the blockchain. Once it’s deployed it can not be removed or altered.

  3. Any data on the ethereum blockchain is available for anyone who cares to look.

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#549

  1. Early internet. Static, text and link based sites. Very basic.

  2. Small pieces of code that run on the Ethereum blockchain using the native programming language solidity. Programmable assets.

  3. It is a trustless system. Everyone can see transactions. Data cannot be removed.

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#550
  1. Web 1.0 is those static, boring websites from the nineties.
  2. A smart contract is a programable contract. You put funds in it, and it executes if certain conditions met.
  3. It is in the blockchain, which is inherently transparent.
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#551
  1. Static. With only text,images and links.

2, Small pieces of code that run on the Ethereum blockchain.

  1. Everyone can see the transaction on the open blockchain.
    No way to change or reverse the contract.
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#552
  1. Web 1.0 was the first version of the web with only static text transfer of information.
  2. A small piece of code that holds money and when programed can distribute those funds.
  3. It is viewable to the public to see.
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#553

Updated Questions

  1. What was Web 1.0?
  2. What is a smart contract?
  3. How is transparency achieved with ethereum code?
  1. It was the internet before the introduction of Java script. That internet allowed, for the most part, only for the display of images and text.

  1. It is a written code that programs a fixed payment/s of cryptocurrency to a given person/people in exchange of a given service or event.

  2. Transparency is achieved because Ethereum is written though Solidity, which is a smart contract, verifiable platform.

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#554
  1. What was Web 1.0?
  • The state of the Internet when first built on which could only display text, images & links. Information available was only reading & sharing
  1. What is a smart contract?
  • A smart contract is a SOLIDTY programmed agreement which can execute almost any function including transfers of money or assets without interference as per the pre coded agreement. It is unstoppable and immutable once deployed. Smart contracts built on the Etherium Network remove the need for trust due to the networks consensus protocol.
  1. How is transparency achieved with ethereum code?
  • As Miners on the Etherium network use Proof of Work there is a decentralized consensus on information which cannot be tampered with by and single entity and can be viewed by anyone in real time on Etherscan
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#555

  1. Web 1.0 was the first stage of the world wide web. It was just static pictures.

  2. A smart contract is small codes on the blockchain that holds currencies.

  3. Transparency is achieved through ethereum code via the smart contracts. Smart contracts are built on the blockchain which is open source and can be seen by anyone in the ecosystem.

1 Like
#556

Homework on Ethereum Intro - Questions. (Questions were updated on Dec 3 2019 )

  1. What was Web 1.0? - A web 1.0 was a static web that could show us only the simple things like text, images, links… It did not have an update which later added the dynamic to the web.

  2. What is a smart contract? - Smart contracts are small peaces of code that run on ethereum, which anyone could write.

  3. How is transparency achieved with ethereum code? - Because anyone can look inside this code but no one can stop it. So anyone can vefiry that the code, transaction etc. is being correct.

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#557
  • What was Web 1.0?
    A static internet only containing information that you could read (the internet before Java Script)
  • What is a smart contract?
    A smart contract is build with small pieces of code (solidity) and will only execute what it’s commanded to do. It can hold money and only pay out if the agreement is executed and verified.
  • How is transparency achieved with ethereum code?
    By making the transactions visible for everyone.
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#558

1. What was Web 1.0?
The internet before scripting. You could do text, links, images, etc. It was very static!

2. What is a smart contract?
Smart contracts are programmable, executable programs that are on the blockchain. They cannot be altered.

3. How is transparency achieved with ethereum code?
It is open source. Everything recorded on the blockchain is open for others to see. It is a trustless system, that allows for verification over trust.

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#559
  1. A basic static web. You can only read and share information.
  2. Smart contracts are small pieces of code. it is working in a little program called Solidity.
  3. This is done without any intermediaries and without trust. You program a contract and everyone can see what is happening with the contract but cannot change it.
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#560
  1. The EVM (Ethereum Virtual Machine) executes smart contracts.
  2. It reads bytecode.
  3. Solidity is a programming language that is later translated into byte code which can be read by the EVM.
  4. Bitcoin uses script language and is not turning complete.
  5. It is a programming language that can solve any problem, there are no restrictions, you can program anything you want.
#561

  1. Just static websites —> Share information, links

  2. Small pieces of code on the blockchain that can hold money. They behave according to defined rules and can‘t be manipulated. You don‘t need to trust a middle man.

  3. Everyone can see and check the code. Because of the properties of a blockchain, it‘s impossible that someone tampers with the code.

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#562

2. What is a smart contract?

You mean ETH, i know ETC could be confused with ETH, probably you just misspell it. :wink:

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

Carlos Z.