Homework on Ethereum Intro

Ethereum 101
#703
  1. Web 1.0 was the first, basic version of internet with static websites, texts, images and link.s
  2. Smart contracts are basically small pieces of codes that can hold money based on specific programming using solidity.
  3. A smart contract is completely transparent and open for all to see, it cannot be reversed or manipulated.
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#704
  1. Web 1.0 was only static web sites with only text, images and links to other static web sites.
  2. A smart contract is a program running on the Ethereum blockchain.
  3. Ethereum is acheiving transparency by making code of smart contracts and transactions viewable for anyone, anywhere.
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#705

  1. Web 1.0 was static where you can only display text, images, and linksā€”you can only read and share information.

  2. A smart contract are small pieces of code that run on the ethereum block chain which ultimately mean assets/money are programable.

  3. Transparency is achieved with the ethereum code because you can only put money in and the program will write how it will be released. No one can change the smart contract and it cuts out the middle man.

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#706

  1. web 1.0 was the beginning of the internet in its basic form- text, images, links. Everything was static before JavaScript was introduced.

  2. A smart contract is a small piece of code that runs on the ethereum blockchain. This is the main value proposition of Ethereum.

  3. transparency is achieved by putting what the smart contract is supposed to do in the blockchain visible to the whole network, but secure from being changed.

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#707

1, What was Web 1.0?
statics websites, no interactions.
2. What is a smart contract?
Small pieces of code running on eth. Programs that can be activated on the blockchain.
3. How is transparency achieved with ethereum code?
The code is public so anyone can see. Eth allows the codes to be self executing which means you dont need to trust any third part.

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#708
  1. Web 1.0 was static, not programmable.
  2. A smart contract is a program running on the blockchain.
  3. Everyone can see the code of the smart contract.
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#709

  1. Static websites that could only show basic text, images and links.

  2. A smart contract is a transaction protocol, which is intended to automatically execute, control or document.

  3. All smart contracts are stored publicly on the blockchain and once implemented it can not be undone.

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#710
  1. a first version of a website that allowed limited options, like putting texts, links.
  2. a smart contract itā€™s a programmation we create in order to remove the middle man and trust the technology instead of people. It canā€™t be removed or modified in the blockchain.
  3. Everyone can verify transactions. There is no middle man. No control by some central autority. It brings security.
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#711
  1. Web 1.0 were just simple websites where you can obtain information such as text, images, and links. It lacked JavaScript programming language.
  2. A smart contract is code known as Solidity that is run on the ethereum blockchain where you can program a contract and have it automatically release funds/execute a contract based on predetermined circumstances without the need to depend on intermediaries.
  3. Transparency is achieved with ethereum code because once deployed on the blockchain, it is immutable and can not be reversed, similar to the digital stone analogy.
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#712
  1. What was Web 1.0?
    it contained static websites that pages had text images and links.
  2. What is a smart contract?
    A smart contract is a code that holds money and it is programmed to handle that money that is made on a agreement between two people in a trustless environment (without middle men)
  3. How is transparency achieved with ethereum code?
    itā€™s more secure and everyone can see the transaction
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#713
  1. web 1.0 is very static website you cannot have chat, social media account, etc., web 1.0 only use text messages, links or images only because web 1.0 don`t use java script languages yet.
  2. a smart contract are applications/code or a computer protocol intended to digitally facilitate,verify, or even enforce the negotiation and performance that runs on top the etherium network.
  3. transparency is achieve by storing data, information, transaction, etc in such a way that it cannot be altered without recording the changes made.
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#714
  1. What was Web 1.0?
  • internet with websites with static website the consist of tex and images mainly
  1. What is a smart contract?
  • small pieces of code that run on the Ethereum Blockchain
  • can own and decide what to do with money
  1. How is transparency achieved with ethereum code?
  • can read code on blockchain
  • canā€™t be changed - it is unstoppable and cannot be shut
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#715
  1. Web 1.0 is a static website with very basic reading/sharing capabilities such as text, images and links. It cannot support chat, multiple user accounts, social media etc.
  2. Smart contracts are small pieces of code that run on the Etherium blockchain. Using the programming language Solidity, one could program a smart contract for various different purposes.
  3. Transparency is achieved with Etherium code because smart contract behavior cannot be changed once it has been deployed. It is based on a trustless system.
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#716
  1. Web 1.0 was static web without Java script used only to publish and read information.
  2. A smart contract is a piece of code used to program money on blockchain
  3. Everyone can see the transactions, itā€™s a trustless system based on Proof of Work
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#717

  1. What was Web 1.0?
    The web started off very basic, text only at first. I recall having to go to a school library to get access, all the email addresses were pretty much .edu back then(Iā€™m that old!). Eventually there were links and images. Very static for sure.

  2. What is a smart contract?
    A smart contract holds funds and the parameter of what to do with those funds can be programmed. The contract is immutable, this makes it trustless. When the conditions set by the code are met then the contract will release the funds in the manner it was programmed to.

  3. How is transparency achieved with ethereum code?
    The smart contract it on the blockchain. Everybody can see what is happening. The code can be read by all to verify the conditions.

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#718

1. What was Web 1.0?

Web 1.0 was very basic images and text only. Used for reading and publishing information

2. What is a smart contract?

A smart contract is pre-programmed money that will be released when certain conditions (in the code) are met.

3. How is transparency achieved with ethereum code?

Everything is clearly contained within the blockchain and the code of smart contracts can be read by all.

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#719

  1. What was Web 1.0?
    Web 1.0 was the first iteration of the internet which was very basic, offering text, images and hyperlinks.

  2. What is a smart contract?
    Code on the Eth blockchain that has the ability to own and decide what have happens with money. They are transparent and canā€™t be reversed or changed once added to the blockchain. For example, send 10 Eth to your son when he reaches 18 years old.

  3. How is transparency achieved with ethereum code?
    The smart contract is on the blockchain and can be read by anyone.

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#720

-What was Web 1.0?
Very simple and static websites.

-What is a smart contract?
A smart contract is a piece of code that is used to execute actions.

-How is transparency achieved with ethereum code?
Anyone can view the smart contract making it a unstoppable and trustless function. The openness of the smart contract it what makes the ethereum code transparent.

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#721

Excellent answer sir! really well documented! keep it like that please! :muscle:

Carlos Z.

#722

Web sites with no interaction.

SC is input uxto waiting for future event to happen to become a output.

Because the tx ,reason of tx and data are visible to everyone.
Once tx requirements are meet tx is unstoppable.