Homework on Ethereum Intro

Ethereum 101
#643

  1. static website,a website that have fixed content.

  2. smart contract a code that runs on a blockchain, you can program smart contract using solidity.

  3. the same as bitcoin network, anyone can see everything on the blockchain also cannot be censored. .

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#644

  1. What was Web 1.0?
    The first era of internet until Web 2.0 developed through JavaScript. The data at first only was static and then became dynamic and programmable.

  2. What is a smart contract?
    A transaction code written in Solidity that defines the behavior of its data. Like Web 1.0 became dynamic and programmable the same happened with the blockchain technology.

  3. How is transparency achieved with ethereum code?
    Through the Proof of Work consensus algorithm like with Bitcoin it works trustless too. The transaction is unstoppable and it’s impossible to change it’s behavior.

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#645

  1. What was Web 1.0?

  2. What is a smart contract?

  3. How is transparency achieved with ethereum code?

1)Web 1.0 was a static browser where you could just read and look at images and click links.

2)A smart contract is a transparent contract written onto the blockchain using a piece of code called solidity.It is trustless and can’t be changed.

3)Writing a contract onto the blockchain.

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#646
  1. Static websites
  2. Small pieces of code that run on the Ethereum blockchain.
  3. Ethereum smart contracts are pieces of code that are stored on the decentralized Ethereum blockchain and are tamper proof and irreversible therefore they are transparent.
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#647
  1. What was Web 1.0?

Web 1.0 was the first version of the Internet Web page on which you only could search and read only the informations.

  1. What is a smart contract?

Is a code what runs on Ethereum blockchain and can be programed with Solidity we can transform it into a smart contract and deploy on the Ethereum Network.

  1. 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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#648

  1. What was Web 1.0?
    static websites, displaying static elements like images, text, and links

  2. What is a smart contract?
    Programmable code run on a blockchain. It is transparent and cannot be changed by any participant once it’s activated. It is programmed to release money locked into it after a specific trigger event.

  3. How is transparency achieved with ethereum code?
    The smart contract is available for everybody to see on the blockchain. As it is on the blockchain, it also cannot be changed after being added to it. You can trust the code instead of needing to trust any participant of the network.

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#649

  1. web 1.o was a static website design purely designed for text/image/links. not capable of interaction and social groups over this web design.

  2. A smart contract is blockchain 2.0 an upgrade programmed developed for anyone to use. Just tell it can you want. & it will execute in that matter of your instructions.

  3. transparency is achieved on ethereum code because it executes on the demand of the programmed. example. Pay my sister allowance once she finishes her chores.the program will not execute until my sisi does her chores to pay her. lettign the network and community knowing the rules

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#650

1. What was Web 1.0?

  • the first stage of the world wide web which included static websites

2. What is a smart contract?

  • smart contract is a digital protocol running on a blockchain that can take different decisions based on different events that occur.

3. How is transparency achieved with ethereum code?

  • by using POW and Mining
  • you cannot change a smart contract’s behaviour after they have been deployed
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#651
  1. static web pages
  2. programable money
  3. code is available for everyone to see
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#652
  1. Web 1.0 is the original internet with static websites that one can only read and not interact with it.
  2. Smart contract is a programmable contract that can move money in a predetermined programmable way. it is transparent and unchangeable once it is deployed.
  3. Transparency achieved with ethereum code because all the data is transparent and available to be traced by anybody but the confidentiality can be achieved by encryption. That means that, 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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#653
  1. the first version of the internet that could only display information/data but you could not interact with it.
  2. A programmable contract (programmable money) that executes on a blockchain
  3. All parties involved can verify the code and the execution of the contract via i.e blockchain explorers.
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#654
  1. Web 1.0 is the first version of internet. It was static so you could only use text, images or links.
  2. It is a contract on Ethereum network that is excecuted when terms in it are achieved.
  3. So that anyone can verify where the money that is locked in a contract goes.
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#655

What was Web 1.0?
Web 1.0 is the first stage in the World Wide Web, which was entirely made up of web pages connected by hyperlinks.

What is a smart contract?
A smart contract is a computer protocol intended to digitally facilitate, negotiation and verify a contract. Smart contracts allow the performance of credible transactions without third party interference.

How is transparency achieved with ethereum code?
All the data is transparent and available to be traced by anybody, all confidential information is saved on the blockchain in is encrypted, and the keys of decryption can be shared only with authorized individuals.

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#656

1- web 1.0 is the first version of internet. This allowed for images, text and links but nothing else
2- simply put, a smart contract is where you can make a stipulation on how a transaction is made
3- all nodes have access to the code

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#657

  1. The first stage in the World Wide Web, set of static websites.

  2. Is a small piece of code that running on the ethereum blockchain.

  3. We trust the math, no middleman. Anyone can look at tx.

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#658
  1. Static text and images, no interaction, you can only read and share information online.
  2. A small piece of code that runs on the Ethereum network.
  3. Everyone can see what is written in to a smart contract and it cannot be changed or altered.
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#659

1. What was Web 1.0?
Web 1.0 was during the time when websites were static — basically text, images and links. Javascript came along and Web 2.0 brought us dynamic and programmable websites. Think of Ethereum as Blockchain 2.0

2. What is a smart contract?
These are small pieces of code that run on the Ethereum blockchain. With the Turing Complete programming language, called Solidity, we can write smart contracts on Ethereum. Smart contracts give us programmable money. These contracts can own and decide what to do with money depending on how they are programmed. They remove having to trust that another party in the contract will live up to their obligations.

3. How is transparency achieved with ethereum code?
Once the parties have agreed on a smart contract and it has been deployed there is no way to change it on the blockchain. (This topic was already discussed thoroughly in the Blockchain 101 course.) No middlemen, no 3rd parties or closed door meetings where parties can go back and rewrite contracts or alter the data. It is transparent for all to see what the smart contract is going to do.

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#660

  1. What was Web 1.0?
    It’s the first version of the web that had very limited functionality. Very static. Text, images, and links primarily. Then, Javascript came and saved the day.

  2. What is a smart contract?
    A programmable agreement that removes the need for trust. It will automatically disperse the promised rewards/values when the conditions of the agreement are meant. You cannot go back and change the terms or conditions of the agreement after it is executed.

  3. How is transparency achieved with ethereum code?
    The Ethereum blockchain will record all transactions. This is immutable. However, anyone who would like to review it, will have the ability to do so.

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#661

  1. The first version of the internet which was static, only text, images and links. Not much in the way of interaction.

  2. It is Web 2.0 that allows programmable and dynamic blockchains. It allows you to program on the blockchain an if-then scenario. It allows you to program money without a middleman.

  3. Because it is on a blockchain, anyone can look at and see all transactions.

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#662
  1. the first version of the internet that contained static websites only
  2. a smart contract is a program that controls a currency and dictates the conditions in which a transaction will occur
  3. the transactions are programmable, immutable and will not occur unless the previously set conditions are fulfilled. They do not require a third party. Anyone can see the smart contract on the blockchain
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