Homework on Ethereum Intro

Ethereum 101
#1627

1. What was Web 1.0?
Websites that had static pages of text, images, and links.

2. What is a smart contract?
Small pieces of code that run on the Ethereum blockchain network.
It allows money to be programmable.

3. How is transparency achieved with ethereum code?
Everyone in the network can see and verify the smart contract.

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#1628

  1. Web 1.0 was the first version of the internet.

  2. A smart contract contains small pieces of code that runs on the Ethereum Network.
    They are unstoppable and transparent.

  3. Transparency is achieved by the an immutable record of transactions, that anyone can see.

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#1629

  1. Web 1.0 was the internet prior to Javascript, where websites were static. Only texts, images and links were an option.

  2. Smart contracts are small pieces of code, which are created to receive, hold, take out and deploy money or financial data, onto the ethereum blockchain, the way itā€™s programmed to. These pieces of code are created using the coding language Solidity.

  3. Transparency is achieved with ethereum code by using the ethereum blockchain where all txs are present on the open ledger.

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#1630

  1. Web 1.0 was the internet with static websites.

  2. Small pieces of code that can hold money, programmable money

  3. Everyone can see it and once a contract has been setup you cant change it.

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#1631

  1. Web 1.0 is the name given to first era of websites on the internet. These were static websites consisting mainly of text, graphics and links and with little or no interaction with end users.

  2. A Smart Contact is a block of code running on the Ethereum network.

  3. Transparency is achieved as the smart contacts and the transactions interacting with them are all viewable on the public blockchain. In addition a deployed contact cannot be modified so the code you can view for that contract will remain unchanged indefinitely.

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#1632

  1. It is an early version of the internet, where you can not interact, it is just to view information.

  2. It is code that is applicable in the blockchain transactions. Programable transactions.

  3. All smart contracts are visible by the network users. There is nobody who can change your smart contract - this way you eliminate trust in 3rd parties.

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#1633

  1. Web 1.0 was the first iteration of how we interacted with websites. Text, images, and links were supported. However it was not dynamic until the introduction of javascript and migration to web 2.0.

  2. Smart contracts are unstoppable lines of code that work on the ethereum network, programmed in solidity. Anyone can create and deploy one.

  3. Transparency is achieved because the code is made public on deployment. The code is propagated through the ethereum network via nodes.

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#1634
  1. Web 1.0 was the internet when it was more static, before Javascript was introduced to most web browsers. After Java Script you were able to add things like accounts, chat, different pages for different people and more. It was a primitive version of the internet.
  2. A smart contract is a block of code running on the Ethereum Blockchain. It is programmable money or assets pretty much.

3.Transparency is achieved by all transactions being public for anyone to see. You can see how money interacts with any smart contracts, as well as how it interacts with ETH in general. Everything is public just like with Bitcoin.

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#1635

  1. Web 1.0 consisted of static pages that could support images, links, and text without being able to interact.

  2. Smart contracts are small pieces of code that run on ETH via Solidity to program things like money without an intermediary and be trustless.

  3. Once smart contracts are programed and added to BLKC, they are immutable and available for all to see.

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#1636
  1. What was Web 1.0?

Web 1.0 is the name given to the internet in its earlier day. This time is mainly catorized as anything pre javascript. All websites are static rather than dynamic, only showing links, images, and text files.

  1. What is a smart contract?

A smart contract is a set of code that runs on top of a programmable blockchain. This code is transparent and unstoppable. A smart contract can own/hold currency similar to escrow at a bank.

  1. How is transparency achieved with ethereum code?

The code of the smart contract is open for all participants of the blockchain to view. As all participants of a transaction can verify the protocals before hand there is full transparency.

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#1637

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

  1. What was Web 1.0?

The static internet read and share, no JS.

  1. What is a smart contract?

A smart contract is a programmable conditional argument, which is unsstoppable.

  1. How is transparency achieved with ethereum code?

Anyone can read the conditions in a smart contract. You can go back to any transaction once it has been put on the block.

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#1638
  1. What was Web 1.0? Web 1.0 is simple basic websites that are limited to text, images, and links.
  2. What is a smart contract? Smart contracts are a small piece of code that run on the ethereum blockchain.
  3. How is transparency achieved with ethereum code? Smart contracts are visible to everyone, everyone can see the contract and make sure it runs properly. You donā€™t have to trust the people you only have to trust the math.
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#1639

1.) Web 1.0 was the early internet so to speak. It was a static space with text, and sometimes images.

2.) A smart contract is a piece of code or protocol that dictates the rules or directives of a transaction, action, or event automatically. Once deployed it is unstoppable and canā€™t be changed. This enables a trustless environment to execute transactions. The slogan being donā€™t trust, verify.

3.) Transparency is achieved with the Etherium code because after smart contracts are deployed they can be monitored but not changed. This lends its self to transparency and allows for the donā€™t trust verify model.

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#1640
  1. What was Web 1.0?
    A. It was static internet where you could only use it for text, images, and links, etc.
  2. What is a smart contract?
    A. It is a dynamic and programmable blockchain code where you can send money to an SC and it can hold it and then do something with it.
  3. How is transparency achieved with ethereum code?
    It is immutable and because the same way with Bitcoin where it requires mining and proof of work, it is unstoppable and trustless so that you donā€™t need a middleman.
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#1641

ā€œIt is a dynamic and programmable blockchain codeā€

This help improve my answer. Thank you.

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#1642
  1. What was Web 1.0?
  • The Web 1.0 was when we could only uploaded static text, images, and links to the internet. There was no personal interactions that could execute like messaging.
  1. What is a smart contract?
  • A smart contract is a programmable block that executes agreements between two parties only when the agreed upon steps are taken.
  1. How is transparency achieved with ethereum code?
  • Transparency is achieved with ethereum code because anyone can go into the blockchain and verify the smart contract themselves.
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#1643

  1. Web 1.0 is the web that had static websites that could only give information, show images and links, nothing dynamic: no chats, no social media or accounts.

  2. A Smart Contract are small pieces of code that run on the Ethereum Blockchain. They are unstoppable (nobody can shut it down), they are transparent because everyone can see what is happening in terms of transactions and they (Smart Contracts) can also decide what to do with the money.

  3. Transparency is achieved by the fact the everyone can see what is happening in the contract in terms of transactions.

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#1644

  1. Webpages only displaying text and images.

  2. A smart contract is an application running within the blockchain.

  3. Via blocks, nodes, and miners.

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#1645

1. What was Web 1.0?

Was static html websites with linked pages that has images and some media.

2. What is a smart contract?

Is a collection of instructions coded in a way that tries to automatically execute events and actions related to an agreement between parties or between software.

3. How is transparency achieved with ethereum code?

Transparency is only achieve if the smart contract is available to everyone to verify and check the code.

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#1646
  1. What was Web 1.0?

It is the first version of web at the beginning of the internet without javascript used for websites. There were only static websites.

  1. What is a smart contract?

Smart contracts are small pieces of code that running on the blockchain. With smart contracts you can ā€œprogramā€ money and define condition in every way you want.

Also you donā€™t need any middlemen and you donā€™t need to trust a person, because you can trust math and the technology.

  1. How is transparency achieved with ethereum code?

Transparency is achieved with a blockchain that allows each transaction to be traced and tracked.

Also everyone can see the content of the smart contract.

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