Homework on Ethereum Intro

Ethereum 101
#783

1. What was Web 1.0?
Web 1.0 was made up of mainlty HTML and CSS which only allowd static websites with basic images, links and text

2. What is a smart contract?
A Smart contract is programmable money. It is a set of instructions that can carry out transactions on blockchain based on the terms of the contract

3. How is transparency achieved with ethereum code?
It ethereum transactions take place on a blockchain, therefore it is immutable and cannot be changed. It removes middle men and allows us to do business in a trust-less way

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#784
  1. It was an internet, website which static, only consists of texts, images and links.
  2. It is a little piece of code which program in blockchain how to do with financial assets.
  3. Once the ethereum code has been created, no one can change it. Every parties can see the code.
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#785
  1. What was Web 1.0?
  • The internet before Javascript. Static text, images, links. Js enabled dynamic environment, chats, accounts.
  1. What is a smart contract?
  • A code that can hold money and release it only when the programmed conditions are met. Smart contracts are unstoppable, uncensorable and transparent.
  1. How is transparency achieved with ethereum code?
  • You cannot change a smart contract once it is on the blockchain. You also cannot hide it.
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#786
  1. Simple and static websites containing mainly text.
  2. A program that runs on a blockchain. The code controls the self execution and irreversibility of the smart contract.
  3. Transparency ist achieved because the smart contract can be reviewed by everybody. When it is deployed on the blockchain it becomes immutable and open for public review.
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#787

3. How is transparency achieved with ethereum code?

By the ability to verify the code on an smart contract, we can truly understand how it suppose to work, this lead us to TRUST-LESS transparency, since you can verify each transaction of an smart contract on the blockchain and by knowing how the smart contract work you can trust that transactions are completely valid.

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

Carlos Z.

#788

1. What was Web 1.0?'

Hello sir, that is not the correct answer for the question, could you please redesing it?

2. What is a smart contract?

Yes sir, but that is not the definition for “smart contract”, could you please redising it?

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

Carlos Z.

#789

What was Web 1.0?

Static web pages, images, links and text.

What is a smart contract?

Program code added to block-chain that will execute based on certain event occurring. e.g. transfer some ETH at a given time.

How is transparency achieved with ethereum code?

The code is publicly available, anyone can view it.

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#790

  1. Web 1.0 is the first version of the internet that did not have any scripting in it. You could only view basic things like simple text and images.

  2. A smart contract is a piece of code that has been programmed with a set of conditions that a user needs to meet in order to receive whatever they are looking for whether it be money or information. It cannot be manipulated once it has been created.

  3. Ethereum uses blockchain technology which is public, immutable and permanent.

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#791
  1. Text, images etc… No JS so couldn’t interact with it.
  2. An immutable rule running on Ethereum, dependant on it’s included instructions
  3. Everyone can see the blockchains history
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#792
  1. At the beginning when the internet was only static web pages with no interaction between peers, that was later made possible with Java Script.
  2. Small pieces of code on the Ethereum network that nobody can shut down, it is transparent, they can own and decide what to do with money.
  3. By showing the information embedded in the code.
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#793

  1. Web 1.0 were static wesites.

  2. Smart contract are small pieces of software that are running the ethereum blockchain, they can execute small pieces of code and manage money.

  3. We don’t have to trust anybody, we can verify and trust the technology…

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#794
  1. Web 1.0 refers to earlier years when websites were static pages of text + images + links only
  2. A smart contract is a programmable contract which allows a transaction to go from person A to B when the requirements of the contract are fulfilled
  3. it uses a programme called Solidity for the programming and you can view the transaction on the blockchain to verify it, hence it is referred to as trustless eg: etherscan.io
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#795

1. What was Web 1.0?

  • The early days of internet,were no javascript was added.

2. What is a smart contract?

  • A piece of code that can be added on the Ethereum blockchain.

3. How is transparency achieved with ethereum code?

  • The same as with bitcoin,its transperent so everyone can see it and its not stoppable.
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#796
  1. What was Web 1.0?
  • Web 1.0 describes the web when pages were mostly static content. These pages do not dynamically adjust based on who is viewing, and most content is for reading rather than posting your own content. Largely due to the introduction and adoption of JavaScript as a front-end programming language, websites became more dynamic with Web 2.0, allowing for things like social media.
  1. What is a smart contract?
  • A smart contract is a computer program that can be deployed to the blockchain network to control and interact with Ethereum accounts (or accounts on a similar blockchain). Solidity is the most common language in which to write Ethereum smart contracts. Once deployed, these programs cannot be changed. Instead, a new instance must be deployed.
  1. How is transparency achieved with ethereum code?
  • Smart contracts have an Ethereum address. All transactions moving to and from the address are publicly viewable on the blockchain. Convenient front-ends like etherscan.io exist for easy viewing.
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#797
  1. The first version of the internet. Static non-dynamic webpages.
  2. Smart contracts are programs that can run on the blockchain.
  3. Permissionless & trustless. Trusting the math only, not another individual, makes it transparent.
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#798
  1. Web 1.0 was text, links and images.
  2. SC is small piece of code written in Solidity on the ETH network that is unstoppable, transparent and removes the middleman.
  3. Everyone can see the transaction, it’s behavior cannot be changed and cannot be shutdown.
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#799
  1. web 1.0 did not allow interaction with sites or each other. It was only data on a screen.
  2. a smart contract is self executing code without requiring middle men and trust to execute.
  3. transparency is achieved with ethereum because everyone can see the code, everyone can see how it works, without anyone being able to change it.
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#800
  1. Web 1.0 is basic web with only text,images and links.
  2. Smart contract is self executed code or a program that runs on the blockchain.
  3. Ethereum code is public and anyone can see it and verify it.
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#801

1.- Is the initial version of the web where only has text, images and links

2.- It’s a self executing piece of code that runs in the blockchain and only follows the rules defined in it

3.- Transparency is accomplished because anyone could see the code, how a smart contracts works, and anyone being able to modify

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#802
  • What was Web 1.0?
  • What is a smart contract?
  • How is transparency achieved with ethereum code?

  1. Web 1.0 was static. It allowed text, images, links, etc. It was not dynamic, programmable, adaptable.

  2. A Smart Contract is basically a digitally programmed set of rules.

  3. Transparency is achieved because everything in Ethereum code is available for anyone to see at any time on the blockchain.

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