Homework on Ethereum Intro

  1. What was Web 1.0?
    Web 1.0 was basically programming a website with HTML. It consisted only of text, images and lists.

  2. What is a smart contract?
    A smart contract is a dapp programmed on a blockchain.

  3. How is transparency achieved with ethereum code?
    Every single information put out on a blockchain cannot not be reversed and everybody has access to it and therefore can verify instead of trusting somebody blindly.

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  1. Web 1.0 is a static website built on HTML and CSS. No logins, chat, or backend technology.

  2. Smart contract is a transparent, trustless, and programmable contract that can handle money without middle man. It is built on blockchain, so it cannot be stopped or changed.

  3. Ethereum runs on blockchain network which is completely transparent and open source network where anyone can see every transaction just like in Bitcoin.

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  1. Web 1.0 consisted of static websites that contained read-only text, images and links

  2. Smart contracts is code on the Ethereum network, where you can use to program money and assets.

  3. No one can go back and change a smart contract

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  1. What is Web 1.0? Web 1.0 websites could only display static text, images and links as it used HTML and CSS. Programming with the JavaScript allowed for Web 2.0 consisting of dynamic and programmable websites that users could interact with.
  2. What is a smart contract? A smart contract is a piece of code that runs on the Ethereum blockchain that are deployed using the Solidity programming language. It allows Financial applications that payments to be made when specific conditions are met, and once programmed are unstoppable and transparent.
  3. How is transparency achieved with Ethereum code? The smart contract is unable to be changed once deployed, and is available for everyone to see.
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  1. Web 1.0 was static websites consisting of text, images and links. They didn’t include dynamic websites like the ones we currently have now.
  2. A smart contract is a peace of software that runs on a blockchain (e.g. on the Ethereum blockchain). This contract cannot be altered in any way once deployed on the blockchain.
  3. The source code of smart contracts are visibly to everyone and can be verified by anyone on the blockchain
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  1. Static-Pre Java Script
    2-Bits of code written into the Ethereum program
    3-The POW
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  1. An example of Web 1.0 static websites that can only use images, texts and links.

  2. Smart contracts are pieces of code that run on the block chain. These contracts are unstoppable and programmable to complete a task when the contract is fulfilled

  3. Transparency is achieved by all transactions being stored on the block chain where everyone has access to see each transaction and audit them in real time.

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  1. Web 1.0 was the first basic internet, you could visit websites and read things but couldn’t interact or communicate
    2.A smart contract is a programmable contract. it can be programmed with example money. it increases transparency and no need for trust
  2. it is unstoppable and after the contract is programmed it can’t be changed
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  1. Web 1.0 only allowed to post text, links and images. No social media, chats etc
  2. Smart contract is a code that activates when specific criteria are met. The are certain.
  3. There is no middle name and human factor is removed. We trust the math\computer\code. We can always access the code and it cannot be changed without the system noticing it.
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  • What was Web 1.0?
    the first generation of the internet ( writing and reading, images)

  • What is a smart contract?
    A programmable contract , which will only act, how it is writen. Trust is not required

  • How is transparency achieved with ethereum code
    All the informations are saved on the Blockchain and are undeletedable. (Unchangeable code)
    Every can see and track every Block. With all the informations. No third Party involved. Trustless.

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!. The first version of the internet, with the ability to display pages, but not customise the page for individual users. No buttons, log in accounts etc

  1. A smart contract is programmed money that will only be payed out on certain terms

  2. Because everyone can read the code of the smart contract

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  1. Web 1.0 was first-generation internet. Back then, websites were static and offered text, links, and images took forever to upload (but it was exciting times when you found a cool page or message board).

  2. A smart contract is a piece of code that owns and operates a store of assets on the Ethereum network.

  3. Transparency is achieved through mining and security basics, and you can verify everything by going and looking at the blockchain data.

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  1. Web 1.0 was the first generation of the internet ( static websites )
  2. Smart contracts are pieces of code that run in the Ethereum blockchain. These contracts cannot be altered in any form or way.
  3. Because smart contracts are publicly available and so anyone can see who is sending and receiving the money.
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  1. What was Web 1.0?
    Static websites where we could only read content.

  2. What is a smart contract?
    Smart contracts are code that run on the Ethereum blockchain. These contracts are programmed to complete a task when the contract is fulfilled

  3. How is transparency achieved with ethereum code?
    SC’s are publicly available and cannot be changed

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  1. What was Web 1.0?
  • Coded in HTML, it is only capable of displaying static text, images and links. Only those with technical skills can contribute to this format.
  1. What is a smart contract?
  • A program on the blockchain typically coded in the ‘solidity’ language
  1. How is transparency achieved with ethereum code?
  • All smart contracts are available to be read by anyone at anytime using blockchain explorers such as etherscan
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1. What was Web 1.0?
Web 1.0 refers to the first stage of the World Wide Web evolution. Web pages were static without any interaction with users.

2. What is a smart contract?
Smart contracts help us exchange money, property, shares, or anything of value in a transparent, conflict-free way without services of a middleman.
More so, smart contracts define the rules and penalties around an agreement in the same way that a traditional contract does and also automatically enforce those obligations which is very interesting!

3. How is transparency achieved with ethereum code?
Everyone is be able to see what smart contracts look under the hood (the code)

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  1. Web 1.0 was the first iteration of the internet where it was possible to have static text and images on a webpage.

  2. A smart contract is programmable actions with pre-set parameters that is built and executable on the block chain.

  3. All smart contracts are transparent and therefore anyone can see what they are doing. They are also unstoppable meaning that they cannot be meddled with in any way. This removes trust and leaves the outcome based on the protocol.

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  1. Static HTML Pages

  2. A smart contract is code running in a blockchain.

  3. The same as in Bitcoin, with proof of work.

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  1. Static pages with text and images written in html.

  2. A smart contract is program running on blockchain.

  3. Everyone can check, how is code written in the smart contract and all transactions are saved in the blockchain forever.

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1 What was Web 1.0?
Web 1.0 refers to that period of the internet where services were very limited and based on static data, essentially html with hyperlinks.
2 What is a smart contract?
A smart contract is a piece of code that is deployed to the blockchain at a specific address. Smart contracts define rules like a regular contract that enable users to interact transactionally in a trustless manner.
3 How is transparency achieved with Ethereum code?
Smart contracts are public so anyone can view the code and figure out what it does

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