Homework on Ethereum Intro

Ethereum 101
#323
  1. What was Web 1.0?

Static boring websites, where intereraction with other internet users is impossible. It’s only possible to write info in there or read information in there.

  1. What is a smart contract?

a program that runs on top of the ethereal blockchain. You can for example program a condition on the fulfillment of a right or obligation. You can do this by using Solidity.

  1. How is transparency achieved with ethereum code?

Smart Contracts are immutable and decentralized. Just as the bitcoin blockchain.

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#324
  1. Web 1.0 was a version of the the Web where websites were static. Website pages were in HTML and CSS (texts, styles, images and links) so nothing dynamic could happen.
  2. A smart contract is a piece of code that anyone can program on the Ethereum blockchain using Solidity as a programming language. It is designed to hold money and unblock it if specific conditions are respected in the contract that bonds different parties.
  3. Every transaction and information is visible on the blockchain. It doesn’t need anyone as an intermediary to manage the transactions since everything is based on maths and physics. Just like in every blockchain, verification prevails on trust no matter who your are dealing with.
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#325

  1. Web 1.0 was the early internet that was static and unadaptable

  2. A programmed instance of a txn to be completed upon certain conditions being fulfilled

  3. The BC is public and so are the smart contracts. The conditions of the smart contract and the state of the associated txns can be viewed by anyone

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#326

1] Web 1.0 was the first itteration of the internet. Static HTML content pages
2] Programmable money
3] Decentralisation and viability. Anyone can read a smart contract but once issued it cannot be reversed

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#327
  1. It was the first version of the internet that could only display static functionality
  2. It is programable money.
  3. Everyone can view the code/contract
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#328

  1. Web 1.0 was a version of the Internet that you can only read & share information through it.

  2. A smart contract is a piece of code that runs on the Ethereum blockchain.

  3. The smart contract is programmable to Transparency (everyone can see who is sending and receiving money).

@filip
Quite confused here, I see a lot of people are answering questions that are not the ones above ?

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#329

  1. What was Web 1.0?
    The beginning of the internet, static construct with basic functionality for text, images and links.

  2. What is a smart contract?
    A programmable contract in blockchain that is transparent, prevents corrupt 3rd party interference, and provides transaction clarity.

  3. How is transparency achieved with ethereum code?
    Solidity language is open source and the platform is neutral, making it easy to verify the smart contracts.

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#330

  1. Web 1.0, the first major stage of WWW, was a fairly static content delivery network which only had text, images and links as features.

  2. A small piece of code that runs on the Ethereum blockchain.

  3. The code is open sourced, and there’s no way to change the behaviour of a smart contract once it is deployed, combined with an immutable record of every transaction on the blockchain.

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#331

1 - Web 1.0 was the first iteration of the internet and consisted only of text, images and links.
2 - A smart contract is a program that is added to the blockchain and therefore cannot be changed or edited, it also has the ability to control money and therefore removes the need for trust between parties.
3 - Transparency is achieved in ethereum because anyone can look at the code and verify that what was agreed on will take place.

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#332
  1. Static, text, images and links
  2. Small program, programmable asset
  3. The transparency is the same as on bitcoin chain, all Tx can be seen at any time.
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#333
  1. What was Web 1.0?
    Static websites with text, pictures and links.
  2. What is a smart contract?
    Piece of code running at Ethereum blockchain (or other platoform). Once smart contract is deployed it is unstoppable.
  3. How is transparency achieved with ethereum code?
    Code is publicly available on blockchain everybody can check it.
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#334
  1. What was Web 1.0?

Very simple HTML sites without JS and CSS. Basic with links, pics etc. but no functionality or styling.

  1. What is a smart contract?

A contract governed by code so that you can rely on the rules in the contract to be accurate and don`t have to rely on a 3rd party scammer.

  1. How is transparency achieved with ethereum code?
    Everyone can see the code because it`s open source
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#335
  1. What was Web 1.0?

Web 1.0 was the initial version of the publicly available internet. It had a very primitive interface compared to what we have today and was not very programmable. It basically allowed for websites that had, text, images and links but was essentially static. Web 2.0 introduced Java script and became programmable which allowed for an extremely dynamic ecosystem to be created.

  1. What is a smart contract?

A smart contract is a small piece of code that can be run on the Ethereum network. They are programmed in the solidity language. Since they are built on a decentralized blockchain they are unstoppable or uncensorable which makes them very powerful. Essentially it allows you to create programmable money. This is an incredible innovation that will allow for an innovation boom in the digital space. Thanks Vitalik!

VB

  1. How is transparency achieved with ethereum code?

The Ethereum code achieved transparency in multiple ways. By allowing conditional statements to be programmed into money it gets rid of the need for a third party escrow or contractual agency. It’s possible to simply program the proper distribution of assets once the pre determined conditions are met for it’s disbursement.
Another aspect that creates transparency is that smart contracts applications are programmed into the blockchain. Once they have been deployed on chain, the challenge or altering them would be similar to altering a bitcoin transaction on its blockchain.
Also, since the smart contracts are kept on a decentralized distributed ledger that can be accessed by anyone they can always be viewed or audited.

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#336

  1. Websites that were static and could only show texts, images and links.

  2. Small pieces of code that run on Ethereum by utilizing solidity that is unstoppable, has transparent transactions and it can hold anything of value (money, assets, etc) and be programed to disperse it based on certain conditions being met.

  3. It is achieved by removing the middlemen, by trusting the math of the protocol.

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#337

  1. Web 1.0 was the first iteration of the internet. Able to only carry out basic functions like text, pics and links.

  2. A smart contract is a function you can program onto the blockchain it’s self. Once this function is created it does not require an intermediary to carry out its function.

  3. Transparency is achieved with the ethereum code by having built-in functionalities openly displayed for all to see.

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#338

1/.Web 101 was the 1st scale of Web pages which were just static Web pages with simple and plain text and pictures.

2/. A smart contact is programmable money or any other possibilities that can be programmed into the contract / arrangement.

3/. Transparency is created by having built in functions that can be seen openly by all.

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#339

  1. Web 1.0 was the first version of the internet that was essentially read only.

  2. Smart contracts are trustless computer programs that run on the Ethereum network

  3. Everyone can view how a smart contract will behave and any changes will be apparent

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#340

  1. What was Web 1.0?
    Original internet with static web content, basically webpages with read only type of content - no user interaction.

  2. What is a smart contract?
    It is code written SOLIDITY language and stored on certain blockchains, i.e. Ethereum.

  3. How is transparency achieved with ethereum code?
    Because it uses blockchain technology the code is available to scrutinise to anyone.

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#341

1. Web 1.0 was the websites in their early stages where you couldn’t interact with the web-page at all besides reading its content and clicking on content .

2. A smart contract is a protocol( piece of code) that is meant to represent a contract but in an automatic and decentralized way in a more basic way it is programmable money.

3. Transparency is archived on Ethereum kind of in the same way like with bitcoin of everything being recorded on the blochain but in Ethereum everything is taken “a step further as” as Ivan says.through smart contracts.

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#342
  1. Web 1.0 was boring, just plain text and link (html) no interaction with the user.
  2. A smart contract is a program runing on the ethereum network.
  3. Because ethereum is a public blockchain every transaction and smart contract is available for everyone to see.
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