Homework on Ethereum Intro

Ethereum 101
#2670

What was Web 1.0?

Web 1.0 was the first development of the world wide web that was characterized by static websites which only allowed text, images and links.

What is a smart contract?

A smart contract is a contract between two parties on the Ethash blockchain which enables transactions in a trustless, transparent and irreversible state anywhere in the world using cryptographical hashes as the currency link. This makes it decentralized and secure.

How is transparency achieved with ethereum code?

Transparency is achieved with ethereum code by the open-source nature of the software and by transaction information on smart contract blocks.

848×486

1 Like
#2671

  1. It is a static website of texts, images and links.

  2. A smart Contract is small pieces of code (solidity) on a blockchain. It is programmable money without the use of intermediaries or third parties. You can see all transactions which increase to full transparency. You can creat your own contracts. Smart Contracts are trustless due to the full transparency of the transactions.

  3. Transparency is achieved because all transactions are able to be seen by everybody.

1 Like
#2672
  1. What was Web 1.0?

Web 1.0 refers to the era of very simple websites. They were mainly just HTML with text, images, and very limited interactivity.

  1. What is a smart contract?

A smart contract is an immutable piece of code that can be executed on the Ethereum Virtual Machine.

  1. How is transparency achieved with ethereum code?

The ethereum code is open source and run on a distributed, decentralized network.

1 Like
#2673

1: Web 1.0 was a collection of static read only sites where you could basically store information and include links.

2: A Smart Contract is how you program money :slight_smile: On the Ethereum blockchain it is part of the transaction and defines a set of conditions for what happens tot he asset.

3: With smart contract there is no middle man, transactions are visible on the blockchain and the st

1 Like
#2674

…and the state of the contract is propagated by all the nodes.

#2675

  1. Web 1.0 - simple and static websites with text, images and links. JS technology made the web dynamic and turned it into web 2.0 (web of today)

  2. A smart contract is software that runs on a blockchain. A smart contract is like anything else on the blockchain and cannot be changed, revoked or even stopped.

  3. a smart contract is transparant and everyone can read it. Don’t trust, verify!

1 Like
#2676

  1. What was Web 1.0? Web 1.0 was the first static websites that allowed reading and writing of information only. No video, no chat, etc.

  2. What is a smart contract? A smart contract is code with instructions that cannot be changed or stopped - and allow for receipt and sending of money according to programmable conditions.

  3. How is transparency achieved with ethereum code? Transparency is achieved because everyone can read the code and follow transactions in a smart contract.

1 Like
#2677
  1. What was Web 1.0?

Static text and images

  1. What is a smart contract?

A Solidity-coded text block that is written into the blockchain, which can be executed on command.

  1. How is transparency achieved with ethereum code?

The smart contracts are visible in plain text to anyone with access to the blockchain

1 Like
#2678
  1. What was Web 1.0?
    Only text contents and links for information sharing purpose
  2. What is a smart contract?
    A piece of code written in Solidity that will be executed in Ethereum Virtual Machine
  3. How is transparency achieved with ethereum code?
    This code is readable to all ethereum network users
1 Like
#2679

  1. Web 1.0 refers to the web before JavaScript = static websites.

  2. A smart contract is a piece of code that can self execute on a blockchain.

  3. There is no middle man and everyone can see the blockchain’s content.

2 Likes
#2680
  1. What was Web 1.0?
    Refers to a time before java script was introduced.
  2. What is a smart contract?
    It’s like a program which can execute itself on the blockchain.
  3. How is transparency achieved with ethereum code?
    Everyone can read the code.
2 Likes
#2681
  1. What was Web 1.0?
    Web 1.0 is part of time before java script.
  2. What is a smart contract?
    It’s a independent program(code) that can self execute in blockchain
  3. How is transparency achieved with ethereum code?
    Code is open and anyone can see blockchain. Also, there is no middle man.
1 Like
#2682

1.) Web 1.0 ist the most basic version of the internet websites. it can hold images, texts and links.

2.) a smart contract is a code that consists of requirements. if they get fulfilled they will release the money stored on it. it can be used in many differend ways by various people.

3.) The Ethereum blockchain and smart contracts can be read by anyone. every transaction can be checked. smart contracts also take out the middle men creating a trustless environment.

1 Like
#2683
  1. What was Web 1.0?
    It is basically static websites where we can only find links or texts
  2. What is a smart contract?
    It is a programmable code deployed on ethereum that represents a contract in a decentralized way.
  3. How is transparency achieved with ethereum code?
    It is achieved through public code available for everyone on the ethereum blockchain, completely decentralized (no middle man).
1 Like
#2684

Great answers. It’s easy to understand. Great work. :clap:

Carlos Z.

#2685

You can also use the Edit Button to modify your last post :nerd_face:

image
image1096×650 51.2 KB

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

Carlos Z.

#2686
  1. What was Web 1.0?

Just basic static websites where we can only find simple images, links or texts.

  1. What is a smart contract?

It is a programmable code deployed on ethereum that represents a contract in a decentralized way.
It enables transactions in a trustless, transparent and irreversible state anywhere in the
world.

  1. How is transparency achieved with ethereum code?

It is achieved through public and open source code available for everyone on the ethereum blockchain,
completely decentralized and no middle man.

1 Like
#2687
  1. Web 1.0 was a static version of the internet- similar to blockchain 1.0
  2. a contract that is programmed on ethereum network that can make a transaction happen once the terms of the smart contract are met.
  3. this is achieved because it can’t be manipulated or changed once it is made a smart contract.
1 Like
#2688
  1. Web 1.0 was static pages to pass information
  2. Smart Contracts are dynamic use case of the blockchain, to add programmability on top of the core features of blockchain.
  3. Transparency is achieved in ethereum by having all the public features and transparency that come with blockchain 1.0
1 Like
#2689

Very much appreciate the positive feedback. Thank you :slight_smile: