Homework on Ethereum Intro

Ethereum 101
#1647
  1. Web 1.0 was the static internet consisting of text, images, and links.
  2. A smart contract is small pieces of code that can own and decide what to do with money.
  3. Transparency is achieved with ethereum code because anyone can see the code and the code cannot be changed.
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#1648
  1. What was Web 1.0? basic, text and images
  2. What is a smart contract? small pieces of code that run on ethereum, unstopable and tx are transparent.
  3. How is transparency achieved with ethereum code? in the same way as bitcoins PoW changes are not possible and tx are transparent
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#1649

  1. Web 1.0 was the initial technology used on the internet - static pages, html, images.

  2. A smart contract is a piece of code that runs on the ethereum network.

  3. Transparency with the ethereum code is achieved by the code being on the ethereum blockchain.
    One cannot change the way the smart contract behaves after it was deployed.

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#1650
  1. Web 1.0 is a static websites where you can only share text and an image there was no user interaction.
    2.Smart Contract is a small piece of code that run on the Ethereum.
    3 .Ethereum is like Web 2.0, it achieves a dynamic programmable blockchain it has the same features as bitcoin, ever user has acces to a piece of code deployed on the ethereum and there is no way to make changes on that contract.
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#1651
  1. What was Web 1.0?

Internet before Javascript, which meant static websites with just text and images. Web 2.0 (Internet with Javascript) allows for user interaction and more dynamic experiences.

  1. What is a smart contract?

Code that allows for programmable transactions.

  1. How is transparency achieved with ethereum code?

Everything is public on the Ethereum blockchain.

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#1652

  1. Internet 1.0 was only data in form of images , text etc… and only with the introduction of JS it transformed into Internet 2.0 with Chats and other such interactions

  2. A smart contract is a code of Financial Transactions in a decentralised, immutable and transparent manner and which can be deployed by developers on many Blockchains, preferably Ethereum because most of the activity is on ETH.

  3. Transparency is achieved currently with the Proof of Work Mechanism on the ETH Blockchain where miners validate the data/ correctness of data by using GPU / ASIC card computational power(in short electricity, in short money) to validate these transactions and in turn earn Block Rewards + Tx fees.

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#1653
  1. What was Web 1.0?

Static websites that show text, links, images only.

  1. What is a smart contract?

Small piecies of code, that runs on ethereum blockchain. It is transparent, unchangeable after its deployed. Removes middle man.

  1. How is transparency achieved with ethereum code?

no body can change how smart contract behave.

1 Like
#1654

1. What was Web 1.0?
Websites with static content, such as text, images, links.

2. What is a smart contract?
A piece of code that runs on a ethereum network.

3. How is transparency achieved with ethereum code?
Once a smart contract is deployed on blockchain it’s behavior cannot be changed but can be verified by anyone.

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#1655

** 3. How is transparency achieved with ethereum code?**

Also, everyone can verify the code of the smart contract. :nerd_face:

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

Carlos Z.

#1656
  1. Simple text and picture website
  2. Programmable contract on the blockchain
  3. It’s open source on the blockchain
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#1657
  1. Web 1.0 was static websites that didn’t have much functionality or dynamic content, just static text, images and links. Basic and boring.
  2. A smart contract is a piece of code that is programmable money essentially. It can be programmed to hold money and decide who gets it once certain prerequisites are met. It executes itself, if certain criteria have been met. There is not way to interfere or change it later.
  3. Anyone can see the code of the smart contracts, so there is no way to cheat the system, hide anything or change anything afterwards.
1 Like
#1658

Homework: Ethereum intro

Web 1.0 was the original implementation of the web used by the public. It consisted of static web pages with only text, images, and links. No interactive features like user authentication, chat, etc.

A smart contract is a piece of code (program) on the ethereum network that can control objects on the blockchain. Sometimes referred to as “programmable money”.

Anyone can view the code of a smart contract and verify how it works. Smart contracts can’t be modified after being deployed. Transactions are also viewable on the blockchain.

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#1659

1.) Web 1.0 was the very first version of the internet that was revealed and used by the public. it only had static web pages that consisted of text, clickable links, and images. but no features like the ones we see today like live chat and accounts.

2.) A smart contract is a piece of programmable code that you can make on ethereum blockchain or also called blockchain 2.0. the smart contract can hold money and it is untouchable or deletable it is sometimes called Programmable money.

3.) It is achieved by letting anyone view the smart contracts at any given time and let them verify that these are the conditions of a certain smart contract on the blockchain. anyone can view it and this makes it able to transact with anyone. and just like how hard it is to change a block in bitcoin. is it also very hard to modify a smart contract.

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#1660

  1. Web 1.0 is what we call the very first stage of the internet before JavaScript. Web 1.0 only allowed us to program static information on web paged (stationary or fixed information that cannot be changed in a meaningful amount of time) i.e.web pages with only the same text, images and links that everyone visiting the site could see. After JavaScipt was the creation of Web 2.0, where we were able to create website that were dynamic or capable of action or change in real time. Like Facebook, Chats, or sites with accounts able to adapt to the user. We could program actionable websites based on what we typed in or programmed the site to do.

  2. A smart contract is a contract stored within a connected blocks of a chain which has clear and programmed instructions that allow certain actions to take place as long as the conditions of the contract are met and provable according the programmed instructions. The info within the Smart Contract is stored on the blockchain; so, it is trustless and nothing within the contract or the block can be changed, reversed or tampered with unless every single block and tx after and on all new or currently created blocks can be changed in real time. Virtually an impossible task as the block will not match everyone else’s copy of the blockchain and will be discovered and not accepted in the chain.

  3. Transparency is achieved with Ethereum code because all of the information is stored on a public blockchain where everyone with a copy, node can verify which information is or is not correct and the trustless nature of the blockchain makes the truth quickly and easily to verify. i.e Corruption within governments cannot continue when everyone can see in real time what is taking place and all parties have to agree that something untrue is true. All specified conditions must be proven or met for the S.C to be approved/updated in newly created blocks.

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#1661
  1. basic static websites
  2. transparent contract on the eth network
  3. Unalterable trustless system as everyone can verify the details of the smart contract
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#1662

1.Basically Static web pages with text and images, no chat, no social media, etc.

  1. Smart contract is a piece of software (using solidity) that runs on a blockchain (eg: Ethereum blockchain) which is unstoppable, unchangeable and can own and decide what to do with money.

3.Transparency achieved through VERIFICATION not trust. and everyone can see the the smart contracts on the blockchain.

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#1663
  1. What was Web 1.0?

Is in the internet era where websites were still static and only texts and links could be seen on these websites.

  1. What is a smart contract?

A smart contract is a contract programmed by the Solidity language on Ethereum that can carry out commands without a third party for example: A contract that carries out the demand to transfer money from person A to person B when person B graduates without a third party having to interfere with this transaction.

  1. How is transparency achieved with ethereum code

Just like BTC code the Ethereum code is open source and transactions are publicly visible to everybody.

1 Like
#1664

[quote=“filip, post:1, topic:8441, full:true”]
Homework on Ethereum Intro - Questions. (Questions were updated on Dec 3 2019 )

  1. What was Web 1.0?
    -web 1.0 was without javascript having some basic information on a website such as miner data , some links and it let people interact with each other

  2. What is a smart contract?

  • smart contract is code written on ethereum to function according how its programmed
  1. How is transparency achieved with ethereum code?
  • transparency is achived is etherum coz its working on based of proof of work mechanism , all transection are on a public blockchain so anyone can see it and verify.
1 Like
#1665

  1. What was Web 1.0?
    Websites were only static, had text and links. So no dynamic coding available as with java script today.

  2. What is a smart contract?
    A small piece of code on the Ethereum blockchain which can perform actions.

  3. How is transparency achieved with ethereum code?
    Smart contracts are unstoppable & unchangeable, they are transparent and can own funds and make decisions on funds.

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#1666
  1. Web 101 was the first version of internet, static text and images
  2. A smart contract is solidity written coding used to program contracts. ex( person A does a thing a certain way then she receives money when completing the task)
  3. Transparency is achieved through smart contracts and their unchangeable behavior.
1 Like