Homework on Ethereum Intro

Ethereum 101
#101

  1. The Web 1.0 was a static kind of web that only allows images and text. It was not programmable.

  2. Smarts contracts are smal pieces of code that can run in Ethereum network. They allow you to program actions -programmable assets and money- dynamically. It pushes blockchain to another level.

3.Ethereum code brings transparency further thanks to the smart contracts. Smarts contracts make commercial relantionship trustless, as everything. every step, has to be clearly defined and eventually executed. Immutability goes further including under which circumstancies and how a tx has to be executed.

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#102

Web 1.0 was the start of the Internet where you could only exchange information with for example text, links or pictures. There were no accounts, chats, social media etc.

A smart contract is a program based on blockchain that follows the rules you set it up with and cannot be changed by someone else.

The blockchain prevents people to change the code, just like the bitcoin blockchain prevents other to rewrite transactions. And since the code can be viewed by everyone, everbody can see what should happen, there are no middle man and everything becomes trustless.Therefore transparicy is gained for everyone.

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#103
  1. What was Web 1.0?

It is a retronym for the first stages of the World Wide Web’s evolution. Pages were generally static with text, links and image. Users were consumers rather than creators of content.

  1. What is a smart contract?

A computer ptotocol intended to facilitate, verify or enforce contracts that are trackable and irreversible.

  1. How is transparency achieved with ethereum code?

Transparency is achieved by appending the contracts to the Ethereum blockchain. They are accessible by all users of the blockchain and immutable once deployed.

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#104
  1. inrenet without java just posting and reading info
  2. smart contract controls money in a programed way
  3. scripts are transparent, available for everyone
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#105
  • 1. What was Web 1.0?
    • Websites were static in that could only display text, images, and have links to other websites.
  • 2. What is a smart contract?
    • A self-executing program (code) that runs on a blockchain. It is trackable and irreversible.
  • 3. How is transparency achieved with Ethereum code?
    • All smart contracts (code) are stored on the Ethereum blockchain and can be read and tracked, with the amount of ETH in the contract, senders and receivers to the contract visible to anyone. The code is immutable, non-stoppable.
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#106
  1. Web 1.0 allowed basic exchange of information that relied on displaying static information.
  2. Smart contract is a program that allows interaction with the blockchain.
  3. Transparency is achieved with the Etherum code by allowing everyone to see and verify the deployed smart contracts.
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#107
  1. Static websites that you couldn’t interact with, just read.
  2. Code that lives on the blockchain. It can store and transfer value with programmable rules.
  3. The history of wallet funding and spending is public and immutable.
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#108
  1. Web 1.0 was a static, non-programmable, web that allowed only for images and text.
  2. Smarts contracts are small pieces of code that run in the Ethereum network. They expand on the idea of “programmable money.”
  3. The Ethereum code brings transparency via smart contracts. Smarts contracts make commercial relationships trustless, transparent, and eliminates middle men.
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#109
  1. What was Web 1.0?
    Was the original version on the internet which was static and only allowed text and images.
  2. What is a smart contract?
    Small pieces of code that runs on the ETH Blockchain.
  3. How is transparency achieved with ethereum code?
    It is achieved by everyone been able to see the transactions on the Blockchain.
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#110
  1. What was Web 1.0?

Static websites: text, images, links…

  1. What is a smart contract?

Small pieces of code that run on the Ethereum blockchain. They can own money and decide how and when spend it.

  1. How is transparency achieved with ethereum code?

Using smart contracts because once deployed, there is no way back.

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#111

1: Bitcoin = pow and Ethereum= pos
2: The EVM reads the smart contract that is programmed on the blockchain and then uses the computers CPU to execute the program.
3: The security is higher because more nodes can check the truth and reach consensus.

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#112

1- it was the first step… txt and images
2- a smart contract is a way to program in a blockchain. That way, you can remove trust parties
3- once the information is in the blockchain, it cannot be changed and its open for anyone to access it

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#113
  1. web 1.0 was text image and links to sites
    2.smart contract is a programmable code executed as each stage is met
  2. transparency is achieved on the ethereum blochchain as it is viewable to all
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#114

  1. The Web 1.0 was just about text, images and no interaction between people.

  2. A smart contract is a programmable contract with a set of rules that will execute and can’t be changed by no one.

  3. The Ethereum blockchain follows the principle of the Bitcoin Blockchain, once there can’t be changed and can be verified by other parties.

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#115
  1. Web 1. 0 was static websites limited to text, images and links.
  2. A smart contract is a small piece of code that runs on the ethereum blockchain in a language called Solidity.
  3. Transparency with ethereum code is the same as with the bitcoin blockchain it’s based on proof of work. As with the bitcoin blockchains a block cannot be changed.
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#116
  1. What was Web 1.0?

The first iteration of internet. Static data. Images and text, no dynamic programmable elements.

  1. What is a smart contract?

A small pieces of code that run on the blockchain. Programmable using Solidity.

  1. How is transparency achieved with ethereum code?

Via the programmable smart contract, certain conditions are set, which make it execute in a trustless manner, and is unstoppable.

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#117

Web 1.0 allows us to share links, images, and text in static websites, the interactions were very limited, and the user experience not dynamic.
2.
A smart contract is the main proposition of Blockchain 2.0, it is dynamic and the Ethereum Virtual Machine holds money as collateral and the platform allows the description of the requirements for the expenditure of the assets in code using the programming language Solidity.
3.
The Ethereum Code is public and immutable, no one can change what had been coded, only verify the authenticity, it does not trust in the users but in the platform, its code and its technology.

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#118

1- When web pages where static and had a limited amount of features.
2- It is a piece of code with instructions on how to behave in regards to sending and/or receiving money or other asset.
3- SInce ethereum uses blockchain technology, everyone is able to verify whats happening on each block.

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#119

it was the first iteration of the web that allowed for static web pages.
it is a way to send money inder certain conditions across the ethereum blockchain.
everyone can read the code.

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#120
  1. Static
  2. programmable assets & money, can decide what to do.
  3. Anyone can read the code
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