Homework on Ethereum Intro

Ethereum 101
#563

2. What is a smart contract?

Indeed sir, just to clarify you a little bit, a smart contract is not only an action, it could be a set of actions or instructions. :wink:

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

Carlos Z.

#564

Hello sir, this is the wrong topic for those answers.

Here is the right topic for that, Homework on EVM
just copy/paste your answer and post it there, also remember to delete this post since it is in the wrong topic.

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

Carlos Z.

#565

What was Web 1.0?

Web 1.0 is the term used to refer to the first stage of development on the World Wide Web that was characterized by simple static websites. The term Web 1.0 didn’t appear until the term Web 2.0 was coined in 1999 by Darci DiNucci. During that time, the web was undergoing a major transformation.

What is a smart contract?

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.

How is transparency achieved with ethereum code?

All the data is transparent and available to be traced by anybody but the confidentiality can be achieved by encryption. In other words, the confidential information is saved on the blockchain in an encrypted format, and the keys of decryption can be shared only with authorized individuals.

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#566

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

  1. What was Web 1.0?
  2. What is a smart contract?
  3. How is transparency achieved with ethereum code?

1- Is a static page only to visualize text, image and links
2- Is a piece of programming code in Solidity language that runs on ethereum
blockchain, is the quality to program money, it’s unstoppable, has transparency
and work without intermediaries.
3- Given the nature of blockchain, everyone can see where transactions go, anyone
can change the smart contract so you know who’s the owner and at the same
time work without intermediaries.

Español

  1. Qué fue Web 1.0?
  2. Qué es un contrato inteligente?
  3. CĂłmo se logra transparencia con el cĂłdigo de ethereum?

1- Es una pĂĄgina estĂĄtica para visualizar texto, imĂĄgenes y links
2- Es cĂłdigo de programaciĂłn en el lenguaje Solidity que corre en la cadena de
bloques de ethereum, tiene la cualidad de programar dinero, ser imparable, trasparente y funciona sin intermediarios.
3- Todos pueden ver hacĂ­a donde viajan las transacciones y nadie puede cambiar el
contenido de los contratos que al mismo tiempo funcionan sin intermediarios.

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#567
  1. What was Web 1.0?

Web 1.0 was the first version of the internet. It was static, where it only contained text, images and links.

  1. What is a smart contract?

A smart contract is piece of code written can be written to hold money and distribute the money based on a specific action. It is programmable money. For example, you could write a smart contract and program it to hold a certain amount of money. Upon completion of the requirements within that contract the money would be distributed to whom it was programmed to be distributed to.

  1. How is transparency achieved with Ethereum code?

The code is open source and you can view the code within the contract. Because of this you can see the exact requirements and implications of the smart contract. This is fully transparent as you can verify the code and verify its validity.

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#568

1.The first form om web. The basic websites, when you could have text, pictures etc but no accounts, chats etc.

2.A smart contract is small pieces of code that can hold money. You don’t need third part or middle man. It removes trust and instead you it is the Mr math that is the boss.

3.Everything is open, everyone can see and check the codes. The data is transparent so to speak, therefor everyone can verify the code and verify its vality. It is a good exemple with the Swedish apartment queue system, with transparency the government people of people working and are responsible for the residents, cannot squeeze their own kid before someone else.

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#569
  1. Web 1.0 was static websites with text, images and link.
  2. A smart contract is a piece of code that runs on ethereum blockchain.
  3. After a SC is deploy, nobody can change the behaviour of SC. There is no middle man and we trust in math and technology.
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#570
  1. What was Web 1.0? Web 1.0 is simple static websites of text and maybe some images to share info. Most websites now are dynamic in a way that can be programed to each individual user preferences.
  2. What is a smart contract? This is a contract deployed on network like Ethereum that will only execute when certain conditions have been met. Example when condition A & B are met execute C. If A & B are not met by a date in time - Execute D by returning funds to origin.
  3. How is transparency achieved with ethereum code? Because Ethereum is a decentralized network anyone can see the code, and the contracts running on the network. You can go verify the contract yourself and know it will execute as written. There is no need to trust a “man in the middle” you can trust the code as it was written.
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#571
  1. What was Web 1.0?

static web with basic features

  1. What is a smart contract?

code that is unstoppable and transparent that executes specific transactions triggered by specific events

  1. How is transparency achieved with ethereum code?

open blockchain that everyone can see

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#572
  1. Static, Plain Text,links, maybe some pictures
little interaction with user
  2. Smart contract is a programable blockchain
  3. Code is open source and viewable by anyone who wanted to see how it works.
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#573
  1. it allows you to see text, images and links
  2. Program that is executed on the blockchain
  3. Being that it is a public decentralized database, every transaction (process) on the blockchain is visible to the public
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#574

1.-
The first version of internet where we were not able to interact with web pages.

2.-
It is a program built over a blockchain platform that basically implies that money can be programed to act in one way or another given some conditions, without the intervention humans.

3.-
Since the code on Ethereum platform is visible to anyone, it is possible to know what a contract is programed to do at any moment.

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#575

  1. Web 1.0 was the first iteration of the Internet where there was just static content without any form of social functionality like chat services or social media. This was prior to Javascript in Web 2.0. I don’t know guys, I sure miss those Geocities and Angelfire sites!

  2. A smart contract is a contract without the need for a middle man (for instance an Escrow Agent when buying a home). Using Ehtereum’s programming language, Solidity, you can schedule a payment or action when certain conditions are met.

  3. Transparency is achieved because either party can view the agreed upon parameters of the smart contract and the Solidity code. It eliminates the need to trust a third party. Much like a Bitcoin transaction, you need only to trust the math.

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#576

1. What was Web 1.0? Web 1.0 is the term used to refer to the first stage of development of the World Wide Web that was characterized by simple static websites.

2. What is a smart contract? Smart contracts are small pieces of code that run on the Ethereum blockchain.

3. How is transparency achieved with Ethereum code? Transparency is achieved through immutable smart contracts, which can’t be changed once they have been deployed.

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#577

  1. Web 1.0 was the internet before Java Script was introduced. Websites were static and the only type of interaction was viewing text, images, and links. You could only read and share information with Web 1.0.

  2. Smart contracts are small pieces of code that run on the Ethereum network. Smart contracts allow for assets to be programmed in a decentralized way. These contracts are irreversible and will deploy automatically however the rules of deployment are programmed.

  3. Transparency is achieved with Ethereum code similar to the bitcoin blockchain. Any additions or alterations would be visible on the and rejected without agreement from the network.

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#578
  1. Web 1.0 was static, on text, image, and a link where available.
  2. The smart contract consists of a program that delivers output once all the conditions in the contract are met.
  3. Once the code in the contract is executed and appears on the blockchain, everyone on the network can view the code but cannot change it. This is how transparency is achieved.
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#579
  1. Web 1.0 was consisting of text, images and links. You couldn’t have multiple accounts, have online chat, etc.
  2. Smart contract is an “contract” that runs on a blockchain. The smart contract executes automatically when given conditions are meet. Its based on IF-THEN principle. So, IF conditions are meet, THEN execute the contract. Also, the contract cant be reversed or changed after it has been deployed to the blockchain.
  3. Smart contract has open code, which makes them visible to everyone, so everyone can look into it and verify the contract themselves.
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#580

  1. It was made up of static web pages which could only display links.

  2. Small pieces of code/programs that run on ethereum block chain.

  3. By use of smart contracts within the block chain whose code is accessible to all users of the block chain.

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#581

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

  1. What was Web 1.0?
    Links, pics & text only with out .js. So static, rather than dynamic
  2. What is a smart contract?
    A trustless contract that is run on the blockchain independant of a third party.
  3. How is transparency achieved with ethereum code?
    It’s on the blockchain so all can view. “Don’t trust, verify”.
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#582

1- What was Web 1.0?

Web 1.0 was the first version of the internet. Where you could only have text, images, links, etc. But no dynamic content.

2- What is a smart contract?
Smart contracts are programable codes that are made to run in the Ethereum blockchain and are going to be executed if and only if the conditions based on that code are met

3- How is transparency achieved with ethereum code?
Because ethereum is based on the blockchain, so there is no need to trust, you just verify. No one can change it once it has been introduced into the blockchain and anyone can read the code in order to verify it

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