Homework on Ethereum Intro

Ethereum 101
#823
  1. It was like pictures n’ words n’ stuff.
  2. It’s this awesome way to not have trust other people … that’s pretty dark, but it’s way better.
  3. Well, like in bitcoin, you can go back and just see everything that was there, same with dapps, bro.
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#824

Web 1.0 included statics, text, images and links.

A smart contract is a program that runs on a blockchain

The code of smart contracts is visible and available for everyone publicly

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#825

  1. Web 1.0 consisted of basic static text, image and links.

  2. Smart Contracts are small pieces of code for a specific purpose. Once it is programmed with something then it is unstoppable and transparent.

  3. Transparency can be achieved as the code is on blockchain and any one can view what the smart contract is meant to do.

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#826
  1. WEB 1.0 was the internet when it was limited to static content such as text, images and links. But it was not programmable to cater to different user preferences.
  2. Smart contracts are snippets of code that run on the Ethereum Blockchain. Solidity is the programming language and SCs are unstoppable and totally transparent for everyone interest to know how it is written.
  3. Transparency is achieved because anyone can access the solidity code smart contracts are written in and verify what the contract does at any moment in time. Once a contract is moved to the blockchain it can no longer be changed by anyone, so its status won’t change.
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#827

  1. What was Web 1.0? Web 1.0 were only static websites that only showed text, images, and links.

  2. What is a smart contract? A smart contract is small pieces of code that can determine how and what we want want our money to do when it’s programmed.

  3. How is transparency achieved with ethereum code? The code of the SC’s are visible on the blockchain and deploying SC’s on the blockchain ensures that no party has to trust each other and trust the math behind the smart contract. Once all parties agree on the deployment of the code from there the smart contract is unstoppable.

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#828

  1. Web 1.0 was static websites that can only display text and images.

  2. A smart contract is dynamic and programmable application that can store and distribute money depending on what the smart contract is programmed to do.

  3. Transparency is achieved because it is a trustless system. No need for third party intermediaries or with parties changing their mind about a contract they have agreed to.

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#829

  1. What was Web 1.0?
    Web 1.0 consisted of static websites consisting of text, links and images. Nothing as dynamic as what we have now.

  2. What is a smart contract?
    A SC is an algorithm that lives on the blockchain that executes code whenever it is called.

  3. How is transparency achieved with ethereum code?
    It’s essentially the same as bitcoin where the code is transparent and immutable.

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#830
  1. What was Web 1.0?
    Answer: Web 1.0 was the first version of the internet. Being the first version it was static in nature, with fixed information for each site
  2. What is a smart contract?
    Answer: A smart contract is a contract based on the Etherum version of blockchain. By default, once created it cannot be changed.
  3. How is transparency achieved with ethereum code?
    Answer: Anybody with some programming understanding can read the code and interpret what it does
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#831
  1. This was the early version of the internet that could really only handle text, images and email. There was no user-specific interfaces, no accounts, chats, etc.
  2. A smart contract is the programmable portion of the ethereum blockchain that can be programmed to hold money, as well as programmed to handle that money in specific ways.
  3. The ethereum blockchain can be viewed by the public, just like the bitcoin blockchain. If someone is questioning the handling of money in any particular smart contract transaction, they can go and look at the block explorer to see if the money has been distributed, and to whom.
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#832
  1. What was Web 1.0?

The internet before Javascript was added.

  1. What is a smart contract?

A piece of code on the ethereum blockchain that determine’s how associated funds can be spent or distributed.

  1. How is transparency achieved with ethereum code?

The smart contracts are open to all and can be verified.

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#833

What was Web 1.0?

It was the first generation of the internet.

Reading, writing, links and viewing images where the limited functions you could perform back then, technically this is referred as static scripts.

What is a smart contract?

A smart contract is software code written in a high-level language called Solidity specifically to be executed on the decentralized Ethereum network.

Smart contracts are generated to verify, enforce, follow a transaction protocol in a decentralized environment.

The possibilities are endless in all fields, banking, legal etc, which will reduce middleman activity as smart contracts are immutable and transparent.

An example, you can instruct a smart contract for your Will. Advising once your death has been certified, your remaining funds and assets will only be distributed amongst particular peoples.

How is transparency achieved with ethereum code?

Ethereum utilizes its own Blockchain which is immutable and transparent.

“Don’t trust, verify “is a saying within the community.

All data is transparent and available via the public Ethereum blockchain.

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#834
  1. the initial -basic- phase of the internet, where we could display information for people to look at.
  2. a piece of code that runs on a blockchain and can handle currency.
  3. smart contract code and transactions are visible by anyone on the ethereum blockchain
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#835

  1. Web 1.0 was the first implementation of the world wide web. This featured static websites where you could only share text.

  2. A smart contract is programmable code that executes under a specific set of guidelines.

  3. Transparency is achieved with ethereum code by providing a distributed database, similar to bitcoin.

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#836

  1. Web 1.0 was a static web using only text, images and links. You could not interact with the webpage until JavaScript was introduced.

  2. A smart contract is a small piece of code that runs on the ethereum network using solidity programming language. The smart contracts are unstoppable through PoW.

  3. Transparency is achieved with ethereum code through the blockchain design. It cannot be altered or reversed because of PoW (proof of work) anyone can view the transactions and code. The smart contracts remove the need of intermediaries. Don’t trust verify.

#837
  1. Web 1.0 was a very basic version of the internet that only allowed for the reading and sharing of information (i.e. no real interaction between users).
  2. A smart contract is a transaction prototcol that creates transparency by applying a set of rules to a blockchain transaction.
  3. Transparency is achieved through the code because the ethereum network is decentralized and available for everyone to see.
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#838

Hi,

  1. Web 1.0 was the initial iteration of the web which consisted of static web pages with basic features.

  2. A smart contract is a self executing programmable object set to certain conditions.

  3. Transparency is achieved by every transaction being available for public viewing and auditing.

Thanks,
Mitch

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#839
  1. static websites, no JS.
  2. a piece of code on the blockchain.
  3. The code is visible on the blockchain, so anyone can see it.
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#840

  1. Web 1.0 was the first version of website was static. It could share text, photos and Links Without dynamic functions as chat, creation to adapt to the need of user.

  2. Smart contract is a Dynamic Program of Ethereum that would be executed when the pre-programmed conditions met. The instructions are read by EVM, which will order CPU to execute it. There is no possibility to stop it.

3.Transparency is achieved with Ethereum code which allows everyone to verify the smart contracts.
Thanks to blockchain technology, the instructions in smart contract is final and will be executed as the condition matches.

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#841

  1. 1.0 was when the internet contained only static content

  2. A smart contract is a code of executable tasks to perform at certain confirmed stages

  3. Transparency is acheived because the code is public on the blockchain

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#842

  1. What was Web 1.0?
    Web 1.0 was the introduction of the first type of websites- these websites were static pages, and only
    contained limited data such as text until java programming was introduced.

  2. What is a smart contract?
    Smart contracts are computer protocols designed to write data securely as it is being validated using blockchain technology. Utilizing programming language called solidity code can be written to run on the the Etherium blockchain storing the smart contract.

  3. How is transparency achieved with ethereum code?
    Transparency is achieved in how it is added to the block chain. It is available for anyone to view.

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