Homework on Ethereum Intro

Ethereum 101
#2750

1.What was Web 1.0?
A static experience that did not allow for interaction, videos, etc. but rather text, still images and links. Very analogous to BC 1.0.
2.What is a smart contract?
Small pieces of code that run on the Ethereum blockchain. They are immutable, unstoppable, transparent and can hold and distribute money. They also help reduce costs by removing the need for an intermediary, making the system trustless in nature.
3. How is transparency achieved with Ethereum code?
All code can be viewed on the Ethereum blockchain.

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#2751
  1. A web of pages whose contents are limited to static text, links and images.
  2. A smart contract is a conditional statement that can be made to store value (money), and apply itā€™s outputs in accordance with the conditions. The contract is immutable on the blockchain.
  3. Code lives on the blockchain, just as transactions live on the Bitcoin blockchain. The code can be seen by all, and changed by no one.
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#2752
  1. Static internet, text and images , no interaction.
  2. smart contracts are programmable money, money is held and only released if conditions are met.
    3)open source code, every TX is transparent and can be viewed by everyone.
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#2753

1. What was Web 1.0?
Version 1 of the internet. Static websites only showing text.

2. What is a smart contract?
A smart contract, born from code that program what happens when certain things happened.
With a smart contract money is programmable.

3. How is transparency achieved with ethereum code?
Via broadcasting through the Blockchain. And this Blockchain is visible for all.
It is transparent and unstoppable

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#2754
  1. What was Web 1.0?
    It was the first version of the internet, where you could have a website with normal text and images.
  2. What is a smart contract?
    Its a contract where you can program money.
  3. How is transparency achieved with ethereum code?
    It is readable by anyone. Anyone can see what is happening to the money you have programmed.
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#2755
  1. Web 1.0 was a static website. Useful to show information but one could not interact with it.
  2. It a contract based on code that allows transactions only if conditions are met. This is immutable.
  3. All code is on the network and so anyone can se the. The transactions are verifiable and not based on trust.
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#2756

  1. Web 1.0 was the initial static internet where you could only see text, images, links, etc. This changed into Web 2.0 with JavaScript, which added programming to websites allowing it to be dynamic and personalised.

  2. A smart contract is a programmable piece of code thatā€™s uploaded onto a blockchain network to execute the code.

  3. Transparency is achieved due to everything being visible on the blockchain, and immutable.

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#2757
  1. web 1.0 only allowed for you to read and share information
  2. a smart contract essentially in short is a small business
  3. Ethereum tech allows for trustlessness which ensures transparency
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#2758
  1. just a simple webpage
  2. a smart contract operates on top of the blockchain, it is programmeable money
  3. itā€™s achieved as it has the same basic technology of bitcoin, where the blocks and transactions are all stored, secured and opened for viewing by everyone
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#2759
  1. What was Web 1.0?
    Static website without any scripts
  2. What is a smart contract?
    it is a programm that operates on blockchain and end doing actions if something programmed happens
  3. How is transparency achieved with ethereum code?
    The same as in bitcoin by blocks which are in chain. Txs are written in block and are not reversible
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#2760

  1. What was Web 1.0?
    Web 1.0 was a static platform that you could upload text, images and use links.

  2. What is a smart contract?

a smart contract is a contract that runs on the blockchain and performs in accordance with the math used to program it and cannot be altered.

  1. How is transparency achieved with Ethereum code?
    Transparency is achieved because the contracts are decentralized and cannot be altered.
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#2761

What was Web 1.0?
It was static - just display static information to people

What is a smart contract?
Itā€™s a piece of code that can be deployed on the ethereum blockchain, that can hold money and move that money according to the code

How is transparency achieved with ethereum code?
Same way as on other blockchains - the blockchain itself is a public ledger, so people can go back and see at any point what has happened over time - so for applications in finance or govt decisions, it should limit corruption as people canā€™t hide their corrupt activities

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#2762
  1. Web 1.0 was the initial state of the internet. It was a read only system with static pages and texts &
    scripts.
  2. A smart contract could be described as small pieces of code running inside the blockchain. Like
    programmable money that once activated becomes irreversible, smart contracts are decentralized
    and totally trustless as they canā€™t be reversed once launched. They are made in a program called
    Solidity.
  3. Transparency itā€™s achieved by having the code available to be traced by anyone. However
    confidential material can be encrypted. As it runs on the blockchain, no authorities can affect it.
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#2763

  1. What was Web 1.0?
    Web 1.0 was the state of the internet before the introduction of java script. It was static and provided little to no way for the pages to be interactive or contain much other than text or static images.

  2. What is a smart contract?
    A smart contract is a piece of code written on a block chain that can then operate independently of any one person. Once coded they are decentralised on the blockchain and canā€™t be reversed, they use the language solidity.

  3. How is transparency achieved with ethereum code?
    In the same was as any blockchain is a public record of transactions, so is the code written on the ethereum blockchain. Once written and verified on the chain, anyone can see the status of the contract and it canā€™t be reversed without the entire of the following chain being altered.

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#2764

  1. Web 1.0 was the basic onset of the internet before the introduction of javascript

  2. A smart contract is a code agreement generated in solidity that allows for the ownership and deployment of programmable assets (money). They are completely transparent.

  3. Transparency is achieved because anyone can access the blockchain at anytime to verify the smart contracts and nothing can be changed.

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#2765

  1. What was Web 1.0?
    www with just static pages - pure html, no client side JavaScript.

  2. What is a smart contract?
    A contract, written in solidity. Itā€™s transparent (publicly viewable), not changeable and not stoppable.

  3. How is transparency achieved with ethereum code?
    Smart contracts are openly visible to everybody. There is no way to cheat, e.g. by giving his own friends better chances for a rent.

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#2766
  1. What was Web 1.0?

Prior to javascript webpages could only display simple text and pictures but they couldnā€™t be scripted to display based on the user.

  1. What is a smart contract?

A contract written in solidity that is transparent, unchangeable and unstoppable.

  1. How is transparency achieved with ethereum code?

Transparency is achieved because anyone can access the blockchain at anytime to verify the smart contracts and nothing can be changed.

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#2767

1.What was Web 1.0?
-Web1.0 is the earliest website where you can only read and share information.

  1. What is a smart contract?
    -Smart contract is code that runs on Ethreum blockchain which is programmable.

  2. How is transparency achieved with
    ethereum code?
    -It is open-source, and allows everyone to read and check the code.

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#2768

1- the very basic static website that only had images, texts or links unlike the dynamic websites of today
1- smart contrast are small pieces of code that run on the ethereum blockchain
3-Transparency is achieved because of the ā€˜Dont trust but verifyā€™ principle and also because we can view everything on it

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#2769
  1. What was Web 1.0?

Very static where you only have text, image, and links

  1. What is a smart contract?

A program of small pieces of code that live on the Ethereum blockchain and can hold money until activated by the user/userā€™s code.

  • Solidity
  • Unstoppable
  • Txs

Eg. Locking funds away until a set time.

  1. How is transparency achieved with ethereum code?

There are financial applications where you canā€™t change behavior after they have been executed. If you do try to do this you would have to go back to the block where everything is transparent.

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