Homework on Ethereum Intro

Ethereum 101
#363

1. What was Web 1.0?
Web 1.0 was simple in what you could do. Only text, images, and links.

2. What is a smart contract?
A smart contract is a small piece of code that runs on the Ethereum blockchain, that can be programmed to execute certain actions based on what happens. Once that smart contract is running it can be stopped again and everybody can see how it functions and why the criteria are for the execution of the smart contract. Its unstoppable once it is activared.

3. How is transparency achieved with ethereum code?
It’s transparent because everybody can see how the codes work and what the conditions and actions are

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#364
  1. Web 1.0 was static. Just text, images and links. It was not dynamic to interact with.
  2. Smart contracts are code that is integrated into the Ethereum blockchain that when its requirements are satisfied an output triggers automatically.
  3. Transparency is acheived because ethereum excrypts the data (smart contract data) within a block which commits its contents to history, never to be tampered with or changed.
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#365
  1. Web 1.0 was the static internet - limited to text, images, links
  2. Smart contrcat is a small piece of code that runs onb the Ethereum blockchain
  3. Transparency is achieved because all transaction information is recorded and can’t be changed in the blockchain
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#366

  1. What was Web 1.0?
    Was a static information sharing websites. You did not have much dynamics, no chatting, or social media etc…no way to script or program your own website. Kind of like blockchain before Ethereum.

  2. What is a smart contract?
    Small piece of code that can hold money and and be deployed on the ethereum platform. Equivalent to web 2.0, but for blockchain.

  3. How is transparency achieved with ethereum code?
    It is a public blockchain, therefore is it transparent and removes the middlemen thus reducing corruption.

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#367

  1. Web 1.0 was the first iteration of the internet where web pages were just made of static content with no dynamic behaviour.

  2. A smart contract is an irreversible agreement written in computer code that is deployed to and managed by the blockchain. This computer code defines the rules and conditions under which the parties involved in the contract agree to interact with each other. The code automatically runs when the conditions outlined in the contract are met.

  3. Smart contracts allow the execution of traceable and irreversible transactions without third parties, thus allowing for greater transparency. Trust is put in the system’s code and not in the people we’re dealing with.

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#368
  1. What was Web 1.0?

It was internet before Java script.

  1. What is a smart contract?

Blockchain based Contract that is Programmed with solidity to hold asset/money and that is not changeable until agreement is fulfilled.
Decentralised, Transparent and trustless.

Dont trust! Verify!

  1. How is transparency achieved with ethereum code?

Decentralisation trough the blockcain makes it possible for anyone to do buisness in a trustless environment as its open source.

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#369

  1. What was Web 1.0?
    The early version of the Web that only allowed static pages.

  2. What is a smart contract?
    A piece of code that is deployed and run on the blockchain.

  3. How is transparency achieved with ethereum code?
    Smart contracts are publicly visible and anyone can see what they are programmed for.

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#370
  1. Web 1.0 was websites that could only share information with links, texts, and pictures.
  2. A smart contract is a set of code used to manage and program money.
  3. The Ethereum code smart contracts are visable to anyone that wishes to see on the blockchain.
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#371
  1. static web-sites
  2. an app that controls money and distribute them based on pre-defined rules without the posiibility to be reverse if the person changes his mind i.e. once deployed on the network no way back to be modifed
  3. there is no need to trust somebody (individual or legal person) just verify through the blockchain
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#372
  1. WEB 1.0 was a network of static text/images and links . It was not dynamic.
  2. A piece of code deployed on the ETH blockchain.
  3. Transparency is achieved by the fact that the contract is publicly viewable on blockchain.
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#373
  1. Web 1.0 was the first version of the internet, which was more static than it is today since it could only show text, images and links. Then, JS was introduced, which made it possible to build more dynamic and interactive websites, leading to a Web 2.0.
  2. A smart contract is basically “just” code, which on Ethereum are written using Solidity as a programming language. They enable to set conditions and triggers to specific events, such as the transfer of some amount of ETH when something specific happens. They are accessible to everyone and they can be “used” in exchange for some fee (on the Ethereum Blockchain they are expressed in gas)
  3. The code is open source and it is transparent for everyone, as usually happens in the public blockchain environment.
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#374

1. What was Web 1.0?
WEB 1.0 was called STATIC… we could only use Text, images, links… no video, no chat…nothing!

2. What is a smart contract?
They are lines of codes (like a software, an app kind of) connected to the ETH blockchain. No one can stop them from running, no one can modify them . Developers can program them in the TIME SCALE . Everyone can verify them on the network. SM are developed with SOLIDITY language.

3. How is transparency achieved with ethereum code?
Anyone can verify, read a SM connected to the ETH network. Such as BTC blockchain, you trust the maths and physics not a 3rd party person or company…

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#375
  1. Web 1.0 is basically the old internet where there was only Static webpages which can only show text.
  2. A smart contract is a programmable contract that can control money with conditions.
  3. transparency is achieved by each party being able to verify the smart contract.
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#376
  1. What was Web 1.0?

Web 1.0 is a static website that can convey information in text, image or link formats.

  1. What is a smart contract?

A smart contract removes the need for trust. It is code written to hold two or more parties accountable based on set parameters that are provable. Once the parameters are met within the contract, the other party/parties will receive the money transfer. if parameters are not met, the money still belongs to originator of the contract.

  1. How is transparency achieved with ethereum code?

Transparency is achieved through a trustless smart contract blockchain protocol. The smart contract eliminates the middleman in a transaction. The blockchain is public, which makes the verification and traceability of the transaction transparent.

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#377
  1. Web 1.0 was static web pages with text, images and links.This is the web before JavaScript.
  2. A smart contract is small pieces of code, written with the language Solidity, built on top of the blockchain. Once in place they cannot be changed, the same way an ordinary Bitcoin transaction can’t be changed. In a way, it is programmable money/assets which one programmed, cannot be stopped from doing what it is supposed to do.
  3. Transparency is achieved by placing the contract on the blockchain where it is accessible to all users.
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#378

  1. What was Web 1.0? it’s the first type of internet with basic features

  2. What is a smart contract? an agreement between 2 individuals without a middle man using blockchain

  3. How is transparency achieved with ethereum code? decentralized network

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#379
  1. Web 1.0 was static in that you could only display text, images or links and was very basic.
  2. A smart contract is a code that is written in a programming language like solidarity on the Etherium blockchain. It is immutable, un-reversible, transparent, trustless, can not be censored and removes the middle man from all transactions. It is fully programmable money.
  3. Transparency is achieved because anyone can look at a transaction and see its source and destination.
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#380

Web 1.0 was the first internet, before Google, before Facebook. Pretty much where there was no value being made from the internet. Web 2.0, is when value was starting to be added to the internet, like Google and Facebook.

  1. A smart Contract in an application deployed on the Ethereum network.

3 Transparency is achieved by allowing all parties to see the entire network. Everyone can see and track everything through the digital ledge. This alone adds an enormous amount of transparency

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#381

1: Web 1.0 was the first internet’protocoll’, where it was only possible to code text, links and pictures. No intelligent interactions with users could take place. It was ‘read only’…
2: A smart contract is a piece of code, that defines prerequisities, under which funds, assets or tokens flow from sender to receiver. It can be a program that executes itself, wHen certain conditions exsist.
3: Transparency is achieved with ethereum code in the same way as bitcoin does, as all smart contracts are being enforced and put on the blockchain as a transaction.

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#382

  1. Web 1.0 refers to the first version of the internet. Really all that you could do with web 1.0 was host a static website. Static websites could only having things like text, images, and links on them.

  2. A smart contract is a piece of code running on the Ethereum blockchain. These smart contracts allow us to program funds and transactions (the program can hold the money). For example, you could program your money so that when you die it will automatically go to the wallet of whoever you want to inherit it.

  3. Transparency is achieved through Ethereum coding because everyone can see what is happening on the blockchain simply by looking at the public ledger. Once smart contracts are set on the blockchain individuals also cannot go in and change those contracts, which makes it immutable and transparent as to what will eventually happen when that contract is triggered.

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