Homework on Ethereum Intro

Ethereum 101
#1166

More detailed definition thank you for this clarification!

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#1167

1. What was Web 1.0?
The first Internet. Very static, only text. Without Java Scripbt (Videos, blogs, animations)

2. What is a smart contract?
also called Blockchain 2.0. Smart contracts are a code which defines certain “if…then” conditions written in a block “If it rains on 1.1. then transfer 0,1 BTC from A to B”. Its then not possible to change it afterwards (same as with BTC transactions)

3. How is transparency achieved with ethereum code?
since the smart contracts are set into blocks and cannot be changed afterwards. but its transparent to everyone.

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#1168

1: Web 1.0 was the first version of the Internet with very basic static pages and links, before java script was created.

2: A smart contract is a specific code that contains certain instructions / conditions for whatever transaction that is secured by the smart contract to be sent / completed.

3: A smart contract is definite, it can’t be reversed or changed, it can be viewed on the blockchain and is also transparent because it removes the need for trust, it is a irreversible contract.

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#1169
  1. First generation of web, doing nothing, provides static info.
  2. A small pice of code which makes certain action\s acording programed requirements, if is well done is unchangible. No mater what regards, money, informations, law, etc…
  3. By the open source code, permanently available for checking \ auditing, in case txes are available explorers.
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#1170
  1. What was Web 1.0?

DOS (disk operating system). Nothing but text and command lines.
It was HORRIBLE! A dinosaur.

  1. What is a smart contract?
    Small pieces of code that run on ethereum.

  2. How is transparency achieved with ethereum code?
    By using smart contracts. Smart contracts contain all transaction
    information including who the sender is and who the recipient(s)
    are.

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#1171
  1. What was Web 1.0?
    Answer - it had the basic functionality of transferring or storing the information without having a more sophisticated capabilities such as ways to interact with the social media and blogs as well as more interactive content of the website itself. Web 1.0 was before the Java programming language came into the picture.
  2. What is a smart contract?
    Answer - a smart contract is a small piece of programmable language that is run in etherium blockchain, called Solidity. It contains the instructions how to handle a financial assets in a more sophisticated way (if compared for instance with BTC’s blockchain).
  3. How is transparency achieved with ethereum code?
    Answer - the transparency is achieved by way of using the transactions that are put into the etherium blockhain that everybody can see. Like bitcoin it is immutable, unstoppable, and trustless since any third part is eliminated since there is no need to trust anybody given the fact that everybody is trusting to the math formulas and protocol that are inherent to the blockchain.
#1172
  1. Web 1.0 was static in nature, only being able to view and post text and images with links between each other.
  2. A smart contract is a set of instructions programmed in solidity, once in the blockchain it’s unstoppable. It can receive and hold money which can be dispersed automatically when a set of conditions are met.
  3. Transparency is achieved through the way smart contracts are integrated in the blockchain.
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#1173

Homework on Ethereum Introduction - Questions, July 21 2020

  1. What was Web 1.0?

Web 1.0 is static, it only displayed text, images and links.

  1. What is a smart contract?

A smart contract is a program on the blockchain. The user can program instructions(parameters) that must be satisfied in order for the program to release funds.

  1. How is transparency achieved with the Ethereum code?

A smart contract is programmed with sets of parameters as instructions. When those
instructions are satisfied, it can perform an action,e.i.-release fund to the recipient.
Anyone can view the instructions on a smart contract any time on the blockchain.
Those instruction cannot be changed, once the contract is executed.

-Hector A. Martinez

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#1174

. What was Web 1.0?
Web 1.0 was essentially static websites with text and many images.

  1. What is a smart contract?
    Smart contracts are programmable and Dynamic blockchains

  2. How is transparency achieved with ethereum code?
    Anyone can read the code.

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#1175

1.- web 1.0 is a simple first generation internet with simple text and graphics to share with others but no advanced coding here such as java script or chats or multiple accounts
2.-smart contract is a small text code where you can program money to interact with me and others/ trust less and transparent applications
3.- no one can change the coding because it has been recorded on the block chain, it is there for everyone to see but no one can stop it or change it, avoid the middle man, censorship resistance

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#1176

Answer all questions and post your answers in the thread linked below.

  1. What was Web 1.0?
    It was the first static version of the internet, basically before JavaScript was introduced. A website could display text, images and links and other basic stuff like that.

  2. What is a smart contract?
    Smart contracts were introduced when Ethereum launched. It’s basically programmable contracts (if X, then Y) on the Ethereum blockchain, so it’s not only simple transactions of ETH but a program. Through the Solidity language one can program freely on the blockchain, using smart contracts.

  3. How is transparency achieved with ethereum code?
    Smart contracts are given a set of rules when created. These rules are transparent for anyone, eliminating the need for trust between humans. One only needs to trust/verify the content of the smart contracts.

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#1177

  1. What was Web 1.0?
    The initial, early iteration of the internet - mostly limited to text, images and hyperlinks

  2. What is a smart contract?
    Essentially, it’s a small program written on the blockchain which will perform a certain action once a predefined set of conditions have been met

  3. How is transparency achieved with ethereum code?
    As the code exists on the blockchain which is openly distributed, its contents are visible to all

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#1178
  1. Web 1.0 was the internet were you could only share images and information.
  2. A smart contract automatically executes transactions without a middleman.
  3. Transparency is achieved through a decentralized network (numerous nodes), where there is no middleman. Txs are propagated to all the nodes and they receive them in the mempool where they wait until to be confirmed by the miner. Once the block is upended to the blockchain, can’t be changed.
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#1179

  1. What was Web 1.0?
    Web 1.0 was the first stage of the www. Static pages with text and images linked together with hyperlinks.

  2. What is a smart contract?
    A small program on the blockchain that will perform an action or set of actions once a predefined condition or set of conditions is met.

  3. How is transparency achieved with ethereum code?
    By running the code on the blockchain, making it publicly visible and verifiable.

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#1180

1.What was Web 1.0?
Static webpages which can show text, image and link.
2.What is a smart contract?
Small pieces of code that runs on the ethereum block chain. The language developer needs to use to create a smart contract on ethereum is Solidity. It’s called smart contract because it can control valuable things like ETH or digital assets.
3.How is transparency achieved with ethereum code?
Nobody can do modify smart contract to change behaviour on it, it is ingrained in the actual block chain . Everybody can see all transactions on the network which is huge transparency. We don’t trust human WE TRUST MATH AND PHYSICS AND VERIFY EVERYTHING!

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#1181

  1. Web 1.0 is the most primitive kind of website and early webpage, which only had static features like text, links and images. Web 2.0 is when websites and pages became dynamic, i.e. they could adapt to the individual user. Web 2.0 is when we started using accounts to access websites, which could then change their features to suit our needs/interests/preferences.

  2. A smart contract is an unstoppable program, first developed for the ethereum blockchain, that executes a transaction when certain conditions are met, without the need for a third party. E.g. I could build a smart contract that send my brother 1 ETH when he passes his piano exam.

  3. Smart contracts running on the ethereum blockchain are transparent because no one can go back and change how they are programmed once they are added to the chain, and everyone can see the underlying code. This means that if we were to tokenise certain assets or rights on the ethereum blockchain - such as Ivan’s example of a place in the queue for government housing - this would prevent queue jumping and nepotism.

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#1182
  1. Web 1.0 was the first step from which web evolve during the time. It started as a static interface where one could only read text, see images or find some useful link. With the introduction of Java Script as a programming language Web 1.0 became dynamic, a place where anything can be possible.
  2. A smart contract is a code written in Solidity language (in Ethereum blockchain) run on the blockchain that makes transaction programmable. It is unstoppable and most important can own and decide what to do with money.
    For example I can program to send an amount of money to someone only if certain condition are satisfied.
    Like transaction into BTC blockchain , no one can modify contents of a smart contract because it is tamper-proof.
  3. Anyone can simply read what is written into a smart contract, and have a look on who send money to who. Also anyone can see the condition to be satisfied in order to close a contract.
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#1183
  1. Web1.0 was just a static website with text interface
  2. Smart contract is a script that can hold and do transactions with money
  3. With blockchain technology
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#1184
  1. Web 1.0 is a protocol that is static, meaning that you can only show information in it
  2. A smart contract is a set of codes that run on the eth blockchain
  3. The smart contract can be read by anyone who understands solidity. You can see who sent or received money, what conditions apply for it to be released and what will be done with it once these conditions are met
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#1185

#1web1.0 is just static web aka images ,text

#2 smart contract solidity programing mony with rules that can not be changed just played out over life of contract

#3 pow, you can read code in a smart contract

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