Homework on Ethereum Intro

[FunsyH]

1. Web 1 is a static internet, where you can have text, images but cannot interact

2.is a programable contract in the blockchain

3. the same way with Bitcoin blockchain, via Proof of work and mining.

[mohamed_navvaf]

1. Web 1.0 was the first web available with text, images and links.
2. Smart contracts are open codes that execute themselves once the conditions are met.
3. The code is open to anyone to verify and are based on maths rather than trust. don’t trust, verify

[maria_b]

1. What was Web 1.0?

Websites were static, information being delivered via text images and links, no chat or other types of interaction.

2. What is a smart contract?

A Smart Contract is a contract on the Blockchain which uses the programming language called Solidity, it can hold any amount of money for an amount of time pre defined by a set of rules or rule, the money will only be released when the programmed conditions are satisfied, it can not be altered.

3. How is transparency achieved with Ethereum code?

Smart Contracts are unstoppable, no middle man is required as they are thrustless, everyone can see all TXOs, who is sending and receiving any amount of money on Blockchain.

[vinay_y]

Web 1.0 is static in which only readable content like text,images and links can be viewed and shared there is no way to interact with the web.

A program that cab be run on a blockchain which is executes automatically without any third party intervention.

All the code and transactions are open source, so any one can view the code and transactions.No need to trust any third party entity, everything is programmed.

[knersus]

1.Web 1.0 were static pages
2.It is a contract that self-executes,secured by an algorithm that is transparent, immutable and trustless.
3.It is open and tranparent for everybody to see and it’s immutable.

[mBuix90]

1. Web 1.0 was the first wave of websites, in which you could only read and share information, but not really interact with it.
2. A smart contract is a piece of code inside a blockchain that will manage transactions following the rules programmed in it. As a smart contract is included in a blockchain, it can’t be modified.
3. As they are immutable and public, anyone can check the rules of a given smart contract at any time.

[Precious]

1. Web 1.0 is the first stage of the world wide web evolution where the internet consisted of mainly static websites.

2. Smart contracts are small pieces of code that run on the ethereum blockchain. It is unstoppable and transparent, so once deployed it can not be changed, and everything happening within in terms of transactions can be seen.

3. Transparency is achieved in the ethereum code through the process of mining and proof of work.

[Cookie1]

1. A static web non-interactive web page, displaying info only.
2. A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
3. The onus is on ‘don’t trust, verify’; the encrypted info is visible on the blockchain and the keys to decrypt it can be shared with those authorised to.

[JaguarPawe]

1. Web 1.0 was the World Wide Web before the invention of Java script. It was very limited in its user interface.

2. It is a contract set up with blockchain technology that takes the middle man out of the situation. Once signed, it is not amendable.

3. Transparency is achieved because the smart contract is on the blockchain and it doesn’t matter if one of the participants in a smart contract is trustworthy ot not. The contract will carry out as constructed.

[Ikainth]

1. Boring Static websites that only allowed for text, images, and links.

2. Piece of code that runs on the Ethereum blockchain. It allows for programmable money and programmable assets.

3. It is a secure system since there is no central point of attack. Different nodes are verifying transactions. Additionally it is immutable; people cannot go back and change the information. For e.g. a politician cannot go back and put their kids in the front of the line for public housing.

[Matty_G]

1. What was Web 1.0? Web 1.0 is the internet before Java Script. You could only read and share information.

2. What is a smart contract? a smart contract is software built with the solidity programming language on the Ethereum blackchain

3. How is transparency achieved with ethereum code? Smart contracts on the Ethereum network are public and cannot be changed after they are created. No middle men needed. trustless system.

[binklebonk]

1. Web 1.0 was pre java script and static in that only images, text, and links could be displayed through computer browsers. Basic read and share of information only.

2. A smart contract (web 3.0) is a piece of code with unstoppable transactions that execute to predetermined programmed critera. On the Ethereum network these are coded using the language Solidity. A smart contract can own and decide what to do with money, data, or assets

3.Transparency is achieved with the ethereum code by anyone being able to see vailidation of transactions on the peer to peer network. Because transactions on the network need to validated before they are included into blocks this forms a trustless system with no reliance on 3rd parties. Because the blockchain is immutable and public no changes can be made compared to a so called trusted or privately controled database/ data silo.

[Dornfelder]

1. What was Web 1.0?
   The Internet before JavaScript - static.

2. What is a smart contract?
   A piece of code, executed on the blockchain (e.g. automated escrow).

3. How is transparency achieved with ethereum code?
   Like the Bitcoin blockchain, the Ethereum blockchain is publicly auditable. Anyone can verify.

[belinox]

1. Web 1.0 is the first version of the internet that only displayed static content.
2. A smart contract is a piece of code that runs on the blockchain and allows dynamic entries to the blockchain.
3. Ethereum uses a public ledger to store its transactions and smart contracts.

[Baelberg]

1. Internet before more coding was vailable think old school. no dm or games.

2. A contract/programed money where the money is tied up on til the goal set is meet, in this case we have a different way to do business where its trustless and verified.

3. Becuase everyone can see what is happening to the money in smart contract.

[leolukaz]

1. What was Web 1.0?
   It was basic HTML
2. What is a smart contract?
   Programmable code that is executed on a blockchain
3. How is transparency achieved with ethereum code?
   It is public and trustless, everyone can see all contracts and transactions

[Jake_Hudak]

1. web 1.0 was just static websites, you could only read and share information.

2. Smart contracts are small pieces of code that run on the ethereum blockchain.

3. Transparency is created through ethereum code because people don’t need to trust a third party to handle their money. once the smart contract is deployed and the condition is met, the money will go to the recipient no matter what. No one can change a smart contract.

[Roger_Jiang]

1. What was Web 1.0?
   In Web 1.0, the website is static. The content creators make the site and supply the content to the content consumers. The web users can only read the site but cannot interact with the site.
2. What is a smart contract?
   A smart contract is a piece of code that is run on the blockchain. Once deployed, there is no way to reverse it. It will be running automatically on the blockchain and cannot be stopped.
3. How is transparency achieved with ethereum code?
   The transparency can be achieved by allowing anyone to publicly view the source code on the blockchain. If anything is updated by the controller, it can be pinpointed and anyone can see it.

[blainemholt]

1. Web 1.0 was the first iteration of the web where pages where static websites

2. Is a programmable piece of code that sits on the ethereum blockchain, mostly in programming money.

3. Through propagating a smart contract throughout the Eth network, making it visible to all on the network.

[to_seeger]

1. What was Web 1.0?
   It is the way internet worked in its first generation: Webpage contained text and pictures to view, but there was no interaction with and customisation for the user

2. What is a smart contract?
   It is a program with contract conditions running on the blockchain which therefore cannot be changed.

3. How is transparency achieved with ethereum code?
   As bitcoin it is trustless and the code is open to everyone. Once a contract is running on the blockchain it cannot be changed or stopped by anyone and all transaction can be viewed and followed up.