Homework on Ethereum Intro

[4-Freedom]

1. The original internet before Javascript. Only very basic static websites.

2. A mini program on the blockchain that only executes when certain prescribed requirements are met.

3. Once a smart contract is started it cannot be modified, and it is public so anyone can read and confirm how the smart contract will perform.

[goathanger]

1. Web 1.0 was static ,text, images and links
2. What is a smart contract? a transparent contract written on the etherium blockchain , it is trustless.
3. How is transparency achieved with ethereum code? it is public and imutable

[Gab]

• What was Web 1.0?
  Web 1.0 was that stage of the internet protocol before the invention of javascript, a scripting language for webpages. in web 1.0 we could have just static websites that could show just text images or links and doesn’t give the possibility to show information dedicated to that particular user like the web 2.0 does, adding support for video, chats and personal accounts.

• What is a smart contract?
  is a little program, or a piece of code that run on the blockchain. the programming language used to create the ones on the ethereum blockchain is called solidity.

• How is transparency achieved with ethereum code?
  given the fact that the smart contract is readable from everyone that knows solidity, and from the fact that nobody can temper with a smart contract that is already been included in the blockchain, since is ingrained into the blockchain like a part of the block(so unchangeable, consistent)

[Aelumit]

1. The “start” of the Internet where only text, pic and links could be added on the Website (no Chat, Accounts etc.)

2. programmeble conditions when Money get payed out (as long as the conditions in the SC arent fullfilt, the Money stays in the SC)

3. everyone can read the Blockchain of ETH and it´s SC´s which are not changeble

[Roger_Jiang]

What was Web 1.0?

Web 1.0 is static. Users can only read whatever the web delivers without any interactions.

What is a smart contract?

A smart contract is a piece of code that runs on the blockchain. Once the smart contract is depolyed, it will automatically been excuted once the conditions are met. There is no way to reverse the code.

How is transparency achieved with ethereum code?

The source code of the smart contract is open sourced on the Ethereum blockchain, and everyone can verify it. Like the slogan said: “Don’t trust, verify!!”

[Jim-Zorn]

1. Web 1.0 was a network of static websites that included only text, images and links. It was completely static and did not allow chat or user accounts.

2. A smart contract is a string of code on the Etherium blockchain. It is written in a programming language called Solidity. It is unstoppable and cannot be shut down by anybody. Its transactions are transparent, allowing anyone to observe what is sent or received. It can own money and decide what to do with it.

3. Transparency is achieved with Etherium code by inserting it into the blockchain. There, it can be observed by anyone using the block explorer. All transactions going in and coming out can be verified.

[bruno]

1. Web 1.0 was the first stage of the web development before javascript, caracterized by static websites which only show text, images and links, and no chat, no different accounts, or social media, a web which capacity was reduced to read and share information.

2. Smart contracts are computer protocols that run on ethereum blockchain using a program called solidity, and they are deployed on the ethereum network in order to digitally execute and verify the terms of a contract.

3. Transparency is achieved with ethereum code through the mechanisms and visibility of a trustless system which does not require third parties, intermediates or banking connections. Because a smart contract is basically programmed money embedded on the blockchain, no one can change its behavior, and this behavior is transparent, it is possible to see what is happening to the money, it is possible to verify what the smart contract is doing and what it is going to do.

[thecil]

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

1. What was Web 1.0?'
Statics websites that can only show text, images and links.

2. What is a smart contract?
A set of programmed instructions in Solitidy (programmable language) that run on the Ethereum Blockchain through the EVM (ethereum virtual machine).

3. How is transparency achieved with ethereum code?
By the ability to verify the code on an smart contract, we can truly understand how it suppose to work, this lead us to TRUST-LESS transparency, since you can verify each transaction of an smart contract on the blockchain and by knowing how the smart contract work you can trust that transactions are completely valid.

[BoostingSnail]

@filip

• What was Web 1.0?
• What is a smart contract?
• How is transparency achieved with ethereum code?

Web 1.0 were websites that could only contain text, images, and links. They didn’t have the ability to contain any Java Script functioning.

A smart contract is a programmable code written in Solidity that holds money until an event happens that is written in the code, and then money is released.

Transparency is achieved because there are no intermediaries involved and all smart contracts are on the blockchain for everyone to see.

[Sloper]

1- Websites with static information

2- A multi-faceted instrument on the blockchain

3- Dunno

[Cryptugalia]

1. What was Web 1.0?
   Web 1.0 was static , no video, only images our text.

2. What is a smart contract?
   Smart contracts are small pieces of code that can be read (EVM) by the etherum blockchain.

3. How is transparency achieved with ethereum code?
   Like in bitcoin blockchain , ethereum is a open public ledger and doesn’t allow to go back in time /blocks to change transactions and smart contracts. So once you make a decision and put in the blockchain will not be a reverse, you don’t have to trust you can verify.

[Fabrice]

@Sloper

Dunno

Transparency is achieved by being able to verify everything on the OPEN blockchain

[Littlejohn137]

1. Web 1.0 was static web pages with text only.
2. A way of incoding the parameters of an agreement where as when stated parameters are met the contract is automatically fullfilled to all parties involved with no ability from anyone to stop or prevent the contract from being fullfilled. Smart contracts are truly programmable money.
3. Transparency is achieved by the contracts functioning on an open Blockchain.

[Dejan]

1. What is web 1.0? Web 1.0 was static, text and image and links only. Like read only. No interaction with the user. Not programmable per user.
2. What is a smart contract? A piece of code that can own money, and that holds the money until a certain condition that is described in the smart contract is met.
3. How is transparency achieved? The ethereum blockchain is open source, and the smart contracts built on it are as well (otherwise how can you know what you are sending money to). Everyone can verify a smart contract, so you don’t have to trust it.

[Nejc_Radojcic]

1. What was Web 1.0?
   It was a basic website, that is very static and just give you information.
2. What is a smart contract?
   It is a programmable peace of code that is run on a blockchain.
3. How is transparency achieved with ethereum code?
   It is decentralized and you can review the code at any time.

[EdPantal]

What was Web 1.0?
Web 1.0 was static content such as text, images and hyperlinks.

What is a smart contract?
A smart contract is a computer program committed to a blockchain for perpetual use and access.

How is transparency achieved with Ethereum code?
The code of an Ethereum smart contract can be examined using a block explorer like etherscan.io.
For example, there is a contract called EOSSale at 0xd0a6E6C54DbC68Db5db3A091B171A77407Ff7ccf and it looks like this.

[Tomcio]

1. Web 1.0 was the first iteration of websites that could be accessed through the internet. They were mostly static pages, that featured only text, images, and links.
2. Smart Contract is a piece of code that is executed on the blockchain. It allows transactions to be programmable.
3. It is achieved through being an open protocol accessible by everyone that removes the need for trust.

[SalJoaNoc]

1. Static web without enteractive content
2. Computer protocol which facilitate, verify or enforce the negotiation or performance of a contract on the blockchain
3. All data are visible on ethereum blockchain

[markfoster]

1. Web 1.0 was before javascript was introduced and websites were static with only text, images and links.

2. A smart contract is a programmable contract where ‘if this, then this should happen’. Used commonly in defi as a way of removing middlemen from operations such as lending for example which use to require a third party middleman.

3. Transparency is achieved by having the opportunity to verify it and not have to just blindly trust the person you are associating with. Because the contract cannot be altered in the same way that a bitcoin transaction can’t be altered, it is trust less, therefore transparent.

[Akeeru]

1. Web 1.0 is the protocol of the internet before JavaScript was introduced. Web 1.0 only allowed for static text, images and links.

2. A smart contract is a programmable contract, which executes depending on different events and their outcome. The contract is automatically executed when terms in the contract are fulfilled.

3. Transparency is achieved by writing the contracts on an open blockchain where everybody can see all the conditions (code) for a contract to execute.