Homework on Ethereum Intro

Ethereum 101
#883

  1. Web 1.0 was the internet when websites were purely static with only text and images. No interaction possible.

  2. A smart contract is a way to program a financial transaction based on certain variables as defined by the author.

  3. Since a smart contract is run and verified by all nodes on the Ethereum blockchain, this ensures transparency.

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#884
  1. Web 1.0 was basic web with text/picture informationā€¦ basic html style.
  2. Smart contract is a piece of code on ethe blockchain that does exactly what itā€™s written in its code, and that cannot be broken/modified, corrupt.
  3. Everyone can read it, verify it, but nobody can modify it
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#885

Static websites that contain only text and some images, but no interaction or dynamic contents.

It contains codes and it is deployed on a blockchain like ethereum blockchain.

Because everyone can read the codes in the smart contract and we can see all the txs.

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#886
  1. Web 1.0 was a simple version (static web) of what we currently have now, and it only consisted of text, images and links.
  2. A smart contract is a self executing contract on the Ethereum blockchain. The contracts are executed autonomously without the needs of a third part.
  3. Transparency is achieved by the source code being available to public to view and verify that it does what its supposed to do, and also once the contract is deployed it cant be stopped. Trust is gained through these aspect
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#887
  1. what was web 1.0?

Web 1.0 was the internet before javascript.

  1. What is a smart contract?

It is a small piece of code (Solidity) that allows you to program money.

  1. How is transparency achieved with Ethereum code?

Because you can verify all transactions and smart contracts easily on the blockchain and it cannot be changed.

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#888
  1. Was a first stage of the web that didnā€™t use javascript and allows just put text and images.
  2. Is a set of logical rules that allow you to execute contracts programmatically and irrevocably.
  3. It is achieved through blockchain, everyone can see the code and verify that the conditions are met.
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#889

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

Carlos Z.

#890

1, Web 1.0 is made up only of static websites that only contain text, images and links.
2. A smart contract is a written contract (using solidity) that runs on the ethereum blockchain. Once it is deployed in the network it becomes unchangeable and transparent for everyone.
3. A smart contract can be transparent because it runs on a blockchain protocol. It is not managed by any institution or third party. All parties involved int the contract can access it and review it, but they cannot alter the conditions on the contract.

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#891

!: Web 1.0 was the first iteration of the web it was static and very limited no video no chat no social media

2: it is a contract that that contains money self execute once all conditions are met. No middlemen involved. ``examplea will where money is to be distributed after passing

3: with POW on the blockchain

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#892

  1. What was Web 1.0?
    It was the first iteration of the internet. It functioned in a very basic manner with static sites and could have very little interaction with users

  2. What is a smart contract?
    A piece of code on the Ethereum blockchain that determines how money will be used, once set there is no way to alter what happens. Given a set of triggers the contract will execute if all the triggers are met

  3. How is transparency achieved with ethereum code?
    It is available for anyone to see, however no-one can amend it once it has been accepted into the blockchain

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#893

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

What was Web 1.0?

  • previous version of the internet
  • It a static webpage not dynamic
  • only holds Text, pictures, links ā€¦

What is a smart contract?

  • It is a small piece of programming code which defines how the ā€˜assetā€™ will be handled

How is transparency achieved with ethereum code?

  • After deployement it is unchangable and on the blockchain which is fully ā€˜openā€™ and therefore transparent
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#894
  1. What was Web 1.0?
    the internet with text , images and links you can share
  2. What is a smart contract?
    programmable money contracts that are unstoppable and trustless
    You can direct/deploy money in the direction of the contracts terms
  3. How is transparency achieved with ethereum code? solidity
#895

Intro ethereum task 1.

What was Web 1.0?
It is a static site with documents that were never updated, it is the most basic form of navigation where you could only access texts, it is a one-way website, that is, you could only consume content.

What is a smart contract?

They are a type of software that is programmed, like any other software, to carry out a certain task or series of tasks according to the instructions previously entered.

How is transparency achieved with the ethereum code?

Ethereum is a Blockchain-based, open source, public distributed software platform that allows developers to create and deploy decentralized applications, transparency is achieved through smart contracts and the functions that EVM runs.

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#896

  1. Web 1.0 served static content only prior to dynamic content in Web 2.0

  2. A smart contract is a piece of code that executes on the Ethereum blockchain

  3. Transactions and code on the Ethereum blockchain are visible to anyone

#897

1 First stage of the internet, static websites only text and graph. No user experience.
2. Smart contract is a contract using the blockchain technology, is open source and is has immutability record, Nobody can modify past information.
3. Everybody can verify the information as is public. No manipulation of the information is allow.

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#898
  1. Web 1.0 was a static website ( providing only text, links, and images).
  2. Smart contracts are pieces of code which run on the ethereum blockchain.
  3. Transparency is achieved through smart contracts.
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#899

1.) Web 1.0 was just a static website that could show pictures along with some script and a link but did not have alot of action.
2.) A smart contract is contract written on a blockchain network like ethereum that is unstoppable or imutable.
3.) Through an etherscan all contacts can be accessed and viewed.

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#900

Web 1.0 was the basic version of the internet. It was text based and very limited in its capabilities.

A smart contract is a program (code) that is programmed on the Ethereum network. The information is fully transparent and remains immutable; decentralized.

Ethereum retains trust factors of Bitcoin. This means, just as with Bitcoin, trust is not with the entity but with the math behind the program along with consensus.

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#901
  1. Web 1.0 is the term used to describe the internet in its early days when pages were static with limited functionality
  2. A smart contract is a block of code (created using the Solidity program) that runs on the Ethereum blockchain. The code can include commands that will execute when certain conditions are met automatically transferring agreed value between users.
  3. Transparency is achieved because the ethereum code is open source & therefore open to public view.
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#902

1 - Web 1.0 was the internet with non-programmable, static websites.

2 - It is a determined set of rules, conditions and results programmed inside a transaction that need to be fulfilled for its accomplishment.

3 - The smart contract is public, so anyone can verify.

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