Homework on Ethereum Intro

[cbycloris]

1. What was Web 1.0?
   A static version of internet (intranet) that only contains texts, images, links, non-programmable

2. What is a smart contract?
   Small pieces of code that run on Blockchain, they can own money / assets and decide what to do with them

3. How is transparency achieved with ethereum code?
   Everyone can see the codes and know how money is programmed

[Keith2]

1. Web 1.0 was the first version of the internet. It comprised of a static page with content but no interaction.

2. A smart contract is a contract on the blockchain which is transparent and visible to the parties involved.

3. Similar to the bitcoin network ethereum is also fully transparent in that you cannot alter past blocks.

[Tito_RuizG]

1. The firdt version of the internet. It was static. Only showing text, images and links.
   Then Javascript appeared and changed it to web 2.0 adding its dynamism

2. Its a little piece of code where you can program something to happen given certain circumstances.

3. Thanks to the blockchain technology, where something that was done, cannot be undone

[silviyaPB]

1. What was Web 1.0?

• Statin HTML pages

2. What is a smart contract?

• It is an executable code within the blockchain which execution is triggered by transaction.

3. How is transparency achieved with ethereum code?

• The Ethereum blockchain is public, so everyone can see what is in it.

[Tranch0878]

Web 1.0 consisted of primarily static information which could be viewed but not interacted with. That changed with the advent of javascript which allowed Web 2.0 to become interactive and essentially different for each user.
A smart contract is a small piece of code which can be programmed in various ways to interact with monies and conditions that can control it.
Ethereum code creates transparency because it becomes mined into the ethereum blockchain which prevents it from being altered or changed by anyone. When the conditions for the specific smart contract are executed, they can be verified by the consensus of nodes which is transparent in nature.

[kresna_sucandra]

1. Static website is a website that basically only shares information without interaction with the users.
2. Smart contract is a computer program or a transaction protocol that is intended to automatically execute, control, or document legally relevant events and actions according to the terms of a contract or an agreement.
3. The smart contract is publicly available to everyone to read and verify.

[admiral]

1. Web 1.0 only allowed text and pictures to be displayed. There was no interaction with the reader.
2. Smart contracts are small pieces of code programmed using the Solidity programming language. The purpose of the code is to own money and spend it under certain conditions specified by the code (contract.)
3. Anyone can read the smart contracts on the blockchain.

[sbelka1703]

1. Web 1.0 is just images and text without much intractability

2. Smart contract is a program that runs on a blockchain with a behavior that cannot be changed once it is deployed

3. Everyone can see the smart contract and all the interactions that occur within

[N_K]

1. What was Web 1.0? - It is the first version of the internet that was static.

2. What is a smart contract? - It is a small piece of code that runs on the Ethereum blockchain.

3. How is transparency achieved with ethereum code? - The code is open source so everyone has the ability to read what conditions are being governed by a smart contract and how they are being executed.

[Bengtsson]

1. In stead of checking balances, the nodes are checking if the all the instructions in the smart contract will lead to the same result.
2. Each node will check the smart contract through its EVM for malicous activities, before commencing the concensus check.
3. That there can be consensus, higher security, transparancy and no escrow needed.

[benlive]

1. What was Web 1.0?
   It is web on which only static websites can run.

2. What is a smart contract?
   It is a program run on the ethereum, which can control money and which can’t be changed.

3. How is transparency achieved with ethereum code?
   Everyone can see the code and see what it does.

[collectnft_og]

1. Web 1.0 was a time when websites could only display text,images and links.

2. A smart contract is a piece of code written in solidity programming language.

3. Transparency is achieved with ethereum when a smart contract is deployed the transactions and code are visible for anyone to see and verify. Smart contracts can not be changed once published on ethereum.

[alve_lagander]

1. Web 1 was when webpages were static.
2. A smart contract is an application run on the ethereum blockchain.
3. Proof of work.

[Tomaz]

1. What was Web 1.0?
   At the beginning of the internet website history, we had static websites. They allowed us to see text, to see images, they could show links. You could only read the info on the sites.
2. What is a smart contract?
   Smart contracts are small pieces of code running on the internet by using Solidity programming language and you deploy these pieces of code on the Ethereum network.
3. How is transparency achieved with Ethereum code?
   It means that you can see who is sending funds and who is receiving the funds by checking the network.

[MFLittle]

1 - Web 1.0 was static content on the web
2 - Smart contract is an interactive piece of code that stores money and pays out under predetermined circumstances that are written into the code
3 - Transparency is achieved by making the smart contracts unchangeable once deployed and the code publicly accessible where it can be read

[Chi]

1 Web 1.0 can be described as internet without Java script. It is static and uninteresting with only texts, images links etc.

2. A smart contract is a small pieces of codes that run on the ethereum network using solidity language.

3. Transparency is achieved with ethereum code because it is unstoppable, immutable , trustless and validated through consensus by many nodes around the world.

[Bernardini]

1 - It was the first stage of internet, with static websites that could only show text, links and images
2 - a piece of code written on the blockchain and automatically executable once the conditions written into it are met
3 - The source code is visible on the blockchain, and everyone can check it.

[nick1959]

1 basic internet
2 programable money
3 because everyone can read and verify

[TheEcoDog]

1. What was Web 1.0?
Static, basic text, images and information.

2. What is a smart contract?
Small codes that run on Ethereum network, providing a set of instructions to manage assets.

3. How is transparency achieved with ethereum code?
Blockchains provide transparency by their nature, through verification via the network over the need for “trusted” intermediaries

[newtonbrown1]

Homework: Ethereum intro
Ethereum Introduction
Answer all questions and post your answers in the thread linked below.

1. What was Web 1.0?
   Internet-static, text image

2. What is a smart contract?
   Self-executing lines of code

3. How is transparency achieved with ethereum code?
   Removing the middleman