Homework on Ethereum Intro

Ethereum 101
#3411
  1. Web 1.0 was a static internet that could only interact via texts, images or links
  2. Smart contract is a computer program intended to automatically execute a set of commands that meet specific requirements.
  3. Transparency is achieved by being accessible, recorded, immutable and trustless
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#3412

  1. Web 1.0 was the early version of the internet. The websites were limited basically text, image, and urls and they weren’t dynamic.

  2. Smart contracts are applications that enable digital assets to be programmed into a trustless environment on the ethereum block chain, and executed when their parameters are met.

  3. Transactions running on the blockchains are public listings. Meaning they are visible to everyone at anytime thereby building transparency.

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#3413
  1. What was Web 1.0?
    Bitcoin and pure transactions available on blockchain
  2. What is a smart contract?
    Allow us to make a deal with anybody without trust regarding anything. SC holds the crypto money and will pay/transfer them if some condition is fulfilled in the future. This have very broad usage an will completely change how business is done as there is no need for a middle man.
  3. How is transparency achieved with ethereum code?
    So that everybody can read source code or look into the blockchain, and of course it is decentralized so no central company is controlling it.
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#3414
  1. Web 1.0 was the first version of internet, static text, photos, links. 2. A smart contract is a program used on blockchain. these are protocols that independently fulfill the conditions prescribed in the condition 3.
    All data is transparent and available for anybody. But keys to confident info will have access only authorized individuals.
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#3415

  1. What was Web 1.0?
    Web1.0 are static websites of text, links, and images. There were no chats on the website and the user couldn’t change the website in how it looks.

  2. What is a smart contract?
    A smart contract is a small piece of code that runs on the ETH blockchain. A smart contract holds money and you can program it to automatically distribute assets under given conditions.

  3. How is transparency achieved with ethereum code?
    The code is visible to everyone. The code is trustless/permissionless and will execute as programmed.

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#3416

  1. The Web 1.0 was the first version of the web which didn’t have script like JAVA to made internet more dynamic. Web 1.0 was very basic which was limited used for images, texts and links, there was no interactive features. Ads were also banned in Web 1.0.

  2. A smart contract is a transparent programmable contract which runs on the ETH blockchain programmed on Solidity. This can’t be altered and is mathematically correct, it removes the trust. ‘’Don’t trust verify’’

  3. Since the Blockchain can be viewed and verified publicly, it therefore makes the Smart contract on the ETH network transparent, trust less.

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#3417
  1. Web 1.0 was a static website
  2. A code with specific rules that will perform to those rules only
  3. Transparency is achieved because the code is on the blockchain and publicly available to view and cannot be removed or modified.
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#3418
  1. What was Web 1.0?
  • was the first version of the internet where there were no social interactions on the internet and everything was static
  1. What is a smart contract?
  • smart contracts are small pieces of codes that run on the ethereum blockchain
  1. How is transparency achieved with ethereum code?
  • in ethereum code you can see who is sending and receiving the money from the smart contract
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#3419

1.) What was Web 1.0?
Web 1.0 was the first version of the internet which was very static. It mainly consisted of text, images and possibly links. It was before Java Script was available.

2.) What is a smart contract?
A smart contracts are small pieces of code that run on the Ethereum blockchain. You can have programmable assets. You can program your money to do what you want in a transparent way. It cuts out the middleman.

3.) How is transparency achieved with ethereum code?
Transparency is achieved because everyone can see what is happening to the money since anyone can look into the blockchain. You can alter a smart contract so the contract will do exactly what it was programmed to do.

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#3420
  1. Web 1.0 is the early stage of the internet when it was introduced. It was static with only a few features such as text, images, or links. It is similar to the BTC ecosystem for the blockchain revolution.
    2.Smart contract is programmable assets, which runs on ETH network.
  2. Smart contracts are a visible, open, and trustless source that does not have third party involvement.
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#3422
  1. Static pages that only contained text, images, and links.
  2. A Smart Contract is a piece of interactive code created with Solidity. It’s fully deployable on the Ethereum network. It’s unstoppable and transparent.
  3. Everything is saved on the blockchain so everyone is able to see what is on each contract.
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#3423

  1. What was Web 1.0?
    Web 1.0 was a static web where only you could insert text, pictures, links without chats, social media and without any accounts.

  2. What is a smart contract?
    They are a small parts of the code that is used on the etherium blockchain. SC can own and decided what to do with the money. Thanks to SC, we can make financial transactions without third parties and anyone can create such a contract thanks to the solidity program.

  3. How is transparency achieved with ethereum code?
    The code is open source and anyone can view to see and verify, just like with bitcoin blockchain.

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#3424
  1. What was Web 1.0?

Web 1.0 was the first generation of websites where the only thing that could be made was showing text, images and links. It was only able to show a static website. Javascript introduced the Web 2.0

2)What is a smart contract?

A smart contract is code running on the Ethereum blockchain using a language call Solidity. It allows the possibility of programming money and assets on top of the Ethereum blockchain.

  1. How is transparency achieved with ethereum code?

The blockchain is a public ledger that anyone with internet connection can check the movements happening. This technology doesn’t allow changing any transaction occurred in the past, as the hash of the modified block would change, making the chain and the following transactions invalid.

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#3425
  1. Web 1.0 was simply static websites consisting of text, images, and links.
  2. A smart contract is a piece of software that runs on a blockchain.
  3. Smart contracts are visible to everyone. You don’t have to trust a smart contract; you can verify it yourself.
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#3426
  1. What was Web 1.0?
    Web 1.0 is our first version of the internet. Where all you had available was what was there.
  2. What is a smart contract?
    A smart contract is a advanced version of an “if, then” statement. They can act as escrow, and remove and middle man or third party from being necessary in an if, then transaction.
  3. How is transparency achieved with ethereum code?
    It is achieved because you can see each transaction on the blockchain. In this case using ethscan
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#3427
  1. What was Web 1.0?
    Web 1.0 is the first internet which was static consisting of images, text and links
  2. What is a smart contract?
    Smart contract is code running on a blockchain created with solidity running on the ethereum network that can be used for transaction purposes.
  3. How is transparency achieved with ethereum code?
    Smart contracts are visible, open and trestles and can be seen by anyone who knows code and hence avoids the middle man.
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#3428

  1. What was Web 1.0?
    Web 1.0 was the era of internet without scripting (JavaScript). Web pages could only contain static resources, such as text, images and links.

  2. What is a smart contract?
    A smart contract is a small piece of code that holds money and programs how it should be used. It is unstoppable once it is added to the blockchain and eliminates any middlemen.

  3. How is transparency achieved with ethereum code?

Ethereum smart contracts provide transparency because all transactions are decentralized, public and verfiable. Once smart contracts are added to the blockchain they cannot be changed.

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#3429

Web 1.0 was the first version of the internet. I was comprised of basic text, images & links.

Smart contracts are small pieces of code that run on the Ethereum blockchain, programmed using Solidity they are unstoppable & completely transparent.
A ‘deal’ or ‘action of sorts’ can be made through smart contacts without a middle-man being present.

Transparency is achieved through the code, all data is available to be traced by anybody yet confidentiality is enabled & certain information can only be shared by authorised individuals.

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#3430
  1. A static website that can only share information and images.
  2. A smart contract is a code, used to give specifical tasks with certain conditions.
  3. Smart contracts are transparent thanks to it’s decentralized nature, also the contracts deployed are visible for everyone.
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#3431

1. What was Web 1.0?
The internet before javascript

2. What is a smart contract?
A smart contract is code that is stored on a blockchain that can program money or assets. It is intended to automatically execute, control, or document events or actions based on the conditions of the contract, without any intermediary’s involvement or time loss.

3. How is transparency achieved with ethereum code?
All the data on the Ethereum blockchain is transparent and available to be traced by anybody.

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