Homework on Ethereum Intro

Ethereum 101
#1487
  1. Web 1.0 was static websites that were only one-way
  2. Smart contacts are decentralized programmable blockchains that uses can interact with.
  3. Code is publicly visible and verifiable
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#1488
  1. Web 1.0 is the initial web program that can only handle basic text, image or a link;
  2. Smart contract is using blockchain technology, making a programmable contract that can not be changed by anyone. It is trustless and no middlemen are needed anymore.
  3. By using ethereum code, smart contract can be created using blockchain technology. Once the smart contract is on the blockchain and made public, no one can make changes to the block. Everyone can see it. That’s why it is transparent.
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#1489
  • What was Web 1.0?
    Web1 was totally static content
  • What is a smart contract?
    A smart contract is basically a set of rules held and executed by a blockchain depening on if a rule is triggered or not. There is no changing the data one it has entered the blockchain.
  • How is transparency achieved with ethereum code?
    The smart contracts are open for everybody to see on the blockchain, so if you want to you can review the contract, no trust is needed.
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#1490 
1. What was Web 1.0?
2. What is a smart contract?
3. How is transparency achieved with ethereum code?

  1. Web 1.0 was the early version of the internet, where all web pages were static HTML pages with text, link and images. They were the same for everybody who visited them, unlike Web 2.0, where the introduction of JavaScript programming language allowed to show dynamic content and ebabled more complex interacttion with the users.

  2. A smart contract is a piece of code that runs on the Ethereum blockchain, which is programmed to execute upon certain conditions being met. It basically allows the programming of money transactions.

  3. Smart contracts are stored on the Ethereum blockchain. Trust is put in the smart contract itself rather than a person.

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#1491

  1. Web 1.0 was really about showing and sharing data on static web sites.

  2. Smart contracts are pieces of code that can be programmed to perform steps in the blockchain.

  3. Transparency is achieved by having an open protocol in which everyone can verify the steps and the processes going on the blockchain.

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#1492
  1. Static/ undynamic first version of the web
  2. A contract that gets executed on the blockchain on completion of some conditions programmed inside the code
  3. Anyone can access/see the code,no one can change it unless certain conditions are there already;
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#1493
  1. web 1.0 is a static website that can only show text images & links
  2. A smart contracts is a small piece of code that runs on the ethereum blockchain that can own and decide what to do with money
  3. transparency is achieved by the smart contracts being accessible for anyone to view on the blockchain
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#1494

  1. Web 1.0 is an internet which only has static sites. It can show text, some images and links. It is not dynamic/ user dependent.

  2. Smart contract is a contract which is transparent to everyone, so it is trustless. It is executed on Ethereum blockchain. It can own money and decide how and where to spend it, if it is programmed before. So you need to set up conditions on what to do with money when a specific event occurs.

  3. Transparency is achieved by showing code to everyone, you can verify what a smart contract is doing. No one is interested in cheating because it is based on blockchain which means that it is based on mining and PoW.

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#1495
  1. Web 1.0 only had static web pages with the capabilities of reading and sharing information
  2. Smart contract is an application which is written on top of block chain which does not need to any middle wear to control it. It rule itself.
  3. Once the code is deployed it cannot be changed due to the nature of blockchain technology.
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#1496

1)Web 1 was static websites.
2)Small pieces of code that runs on the ETH Blockchain.
3)Transparency is achieved by everyone being able to see ever transaction.

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#1497
  1. the fist version of the web where pages were static with just simple text, images and links
  2. a short bit of code that can be programmed to take certain actions, like paying funds under specific conditions
  3. The contracts are available on the blockchain and the code is open-source, so anyone can read and audit what it does
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#1498
  1. Hoe verschilt Ethereum vanuit een consensusperspectief van bitcoin?
    -Beide gebruiken PoW-consensusmechanisme, maar Ethereum-mijnalgo is anders. De gemiddelde bloktijd voor eth is 15 sec, wat voor btc 10 minuten is. Eth verandert binnenkort in Proof of Stake-consensus.
  2. Hoe worden slimme contracten uitgevoerd in Ethereum in vergelijking met een normale computer?
    -Slimme contracten worden uitgevoerd in eth netwerk (EVM)
  3. Wat zijn de voordelen van het uitvoeren van de code op veel knooppunten in plaats van slechts Ă©Ă©n computer / server?
    -Beveiliging en integriteit. Zodra het slimme contract is voltooid, kan het niet worden gewijzigd omdat het in blockchain werkt.
#1499

  1. Web 1.0 was a static platform where text was written,and pictures were posted.

  2. A smart contract is a code sitting on a platform to be initiated under certain circumstances.

  3. Ethereum code attains transparency as it exists on all nodes at the same time on the platform.

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#1500
  1. What was Web 1.0?
  2. What is a smart contract?
  3. How is transparency achieved with ethereum code?

Web 1.0 was the very first HTML web pages that could only format text, show images and had links to other documents.

Smart contract: is code that runs on the Etherium blockchain. it is written in a language called solidity (other langues are comming) it can accept and own money sent to the smart contract and it can be programmed to send money out if conditions are met. The code is transparent (everyone can see it), it is unstoppable. It does not need any middle men or trusted 3d party to operate.

Transparency is achieved with ethereum code via a proof of work consensus (but this will move to staking in ETH 2.0). The ethereum blockchain explorers can show all the details associated with a public address, contract source code and transaction history.

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#1501
  1. Web 1.0 was the first generation of the web without the interactive, nature of Web 2.0. There was a dynamic aspect to it given that CGI and various server side technologies existed and were utilised at the time of Web 1.0, however, the pages that were generated were not interactive for the end user.
  2. A smart contract is an auto-executable program built to validate or force terms of an agreement between one or more parties.
  3. Transparency is achieved with Ethereum code by all parties being able verify who deployed the program, what version it is at and along with transactions the smart contract is immutable. Any updated versions are accessible to all users for verification.
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#1502

  1. Web 1.0 is static. Loads only texts, images and links but we can’t interact through it like for example, chatting.

  2. Smart contracts are programmed through solidity and has the ability to own and control the money.

  3. Since ethereum has smart contracts, it only means that any transactions that has been coded through it is unstoppable. Even if the client changes his mind and wants to withdraw the money in the transaction. He cannot do anything about it unless the contract has been carried out.

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#1503
  1. web 1.0 was a one layer website that contains text, pictures, and links
  2. A smart contract is a contract that lives on the blockchain and when certain diameters are met the contract will activate.
  3. the ethereum is like bitcoin every transaction lives on top of the blockchain so everyone can see them.
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#1504

#1.- Web1.0 was Internets’ beginning that did static -text -Images - link
#2.- With software program Solidity and small pieces of code , you can make a
smart contract with out 3rd partys’ that will be unstoppable
#3.- Once transaction is validated and is put on blockchain , it cannot
be altered and because anyone can see it , it is totally transparent

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#1505
  1. Web 1.0 was a static website where you can only share info.
  2. A smart contract is a small piece of code that run on the etherium blockchain.
  3. Transparency is achieved by being able to verify the smart contract and visible to everyone.
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#1506
  1. What was Web 1.0?
    It was a web before Java Script, simple, static - consisting of text, images, links.
  2. What is a smart contract?
    Smart contract is small pieces of code that can hold money. We can program what we are going to do with money.
  3. How is transparency achieved with ethereum code?
    There is no middle man needed. We trust in technology, not in a person.
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