Homework on Ethereum Intro

Response:

  1. Web 1.0 is the basic form of webpage creation. It is strictly uploaded content (text/images) and visitors cannot interact with the creator.
  2. A smart contract is a set of rules that are programmed onto ethereum which give it instructions to perform certain actions; “if” this happens, do “this”
  3. Transparency is achieved by being open-source and viewable to all on the eth network.
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  1. It was the first web, the static web where you could just use text/images/links.

  2. It’s small pieces of code that runs on the ethereum blockchain using the solidity programming language and it’s transparent because int’s unstoppable and everyone can see what it does.

  3. Because everyone can see the code or what it does, and nothing is a secret. You can’t cheat basically.

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  1. What was Web 1.0? Static webpages before javascript
  2. What is a smart contract? Programmable code on the Ethereum blockchain.
  3. How is transparency achieved with ethereum code? Everyone can see what is on the Ethereum blockchain.
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  1. What was Web 1.0?
    Ethereum uses GPU friendly mining algo and is switching to POS.
  2. What is a smart contract?
    Smart contracts run on EVM(ethereum virtual machine), which ensures that the smart contract isn’t trying to perform any malicious activity on the node’s computer. The node keeps track of the smart contract and the current state of said contract.
  3. How is transparency achieved with ethereum code?
    The security and integrity of the code is higher due to all parties being able to verify it ran correctly.
1. Web 1.0 consisted of static websites which included text, links and images which enabled reading and sharing of information but had no participatory role, no chat, etc

2. A smart contract is code that runs on the Etherium blockchain using the programming language Solidity.

3. Transparency is achieved  by using an open source platform which is decentralised and requires no middlemen.
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1. What was Web 1.0?
Web before the introduction of JS.

2. What is a smart contract?
Program that runs on the blockchain which cannot be stopped or tampered with. Usually referred to “programmable money” as it is the most common use case.

3. How is transparency achieved with ethereum code?
Since it cannot be tampered with or stopped and it runs on the blockchain anyone can verify it (don’t trust, verify), meaning it’s trustless.

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  1. Websites that only have text, images and maybe some videos. no user-specific accounts, no JavaScript.

  2. Code that runs and executes on a blockchain ranging from very simple stuff like time-locked payments to advanced stuff like Uniswap.

  3. Everyone that runs an Ethereum full-node can read and verify every block, transaction and smart contract on the network.

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1. What was Web 1.0?

I think you miss understood the question sir, maybe you want to redesign it.

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

Carlos Z.

  1. Time when webpages consisted in just text, links and images.
  2. A dyamically and programmable contract in the blockchain.
  3. Letting everyone to be able to verify the code of the smart contract in the blockchain.
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  1. What was Web 1.0?
    Static websites with only text, images, and links

  2. What is a smart contract?
    Protocol on the blockchain that executes when predefined conditions have been met.

  3. How is transparency achieved with ethereum code?
    By existing as a public blockchain

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  1. Web 1.0 was static internet before javascript.
  2. A smart contract is a piece of codes that runs automatically when the conditions are met.
  3. The code is visible to everyone.
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1. What was Web 1.0?
Web 1.0 is the early stages of the internet where the pages were read only text, hyperlinks and pictures. Users were unable to interact with the pages they were viewing beyond clicking links to view the next page of a website.

2. What is a smart contract?
A contract on the ethereum blockchain that only executes when certain programmed criteria are met.

3. How is transparency achieved with ethereum code?
All contract transactions on the ethereum blockchain are viewable by anyone at any given time

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  1. What was Web 1.0?
    Web 1.0 is when webpages only contain static content like texts, images and links.

  2. What is a smart contract?
    Smart contract is programmable code on Ethereum Blockchain.

  3. How is transparency achieved with ethereum code?
    The Ethereum blockchain can be viewed and verified by everyone.

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  1. What was Web 1.0?

Static webpages characterised only by text, images and links without dynamic and responsive views.

  1. What is a smart contract?

A smart contract is small pieces of code on the ethereum network which programmes money/assets to be released when a certain action is met.

  1. How is transparency achieved with ethereum code?

The code is unstoppable and transparent so everyone can see what is happening with the assets and it removes the requirement for an intermediate party and is therefore a trust-less system.

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  • What was Web 1.0?
    static web pages (text, images, and links) with no progamability

  • What is a smart contract?
    smart contract is a piece of code that can hold the fund, and distributed to a pre-determined recipient when a trigger event occurs.

  • How is transparency achieved with ethereum code?
    with blockhain technology. ethereum code is visible to the public. And once a transaction is confirmed in the blockchain, it can not be changed.

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  1. The internet before javascript was introduced

  2. A smart contract is a tamperproof digital contract that will only release designated funds when the conditions are met.

  3. Via a public blockchain you can verify instead of trust

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  • What was Web 1.0?
    Ans: Web 1.0 was a phase of internet in which we could only create static information on websites and share information.

  • What is a smart contract?
    Ans: A smart contract is a piece of code which runs on a blockchain, specifically on the Ethereum blockchain. It is like a contract except it is transparent, runs on the blockchain, and cannot be changed once it is added to the blockchain.

  • How is transparency achieved with ethereum code?
    Ans: Transparency is a feature of the Ethereum blockchain (?)…I’m not sure how else to put it.

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  1. Static websites , containing text, images and links only. Almost 0 interaction with users possible.
  2. It is type of contract (code, written in Solidity language) that is deploy on blockchain as for example Ethereum, is able to lock the money and release them only in case it has been programed to do so. It also get rid of need for a 3th party to control the transaction.
    3.Ethereum is allowing public eye to see the code of the smart contracts running on their platform.
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Welcome to forum :slightly_smiling_face:

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Thank you sir! :slight_smile: