Homework on Ethereum Intro

  1. Web 1.0 was a static site with just text and images
  2. Code that allows you to trust a transaction to occur as long as the parameters were met
  3. Its open source
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  1. What was Web 1.0?
    Static websites without dynamics like logins, user specific content etc…

  2. What is a smart contract?
    Rules to perform a certain action stored in the blockchain. Removes the trust in people to verified trust based on smart contracts.

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

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  1. Web 1.0 was the first version of the Web. It only allowed static websites.

  2. A smart contract is a piece of code that executes programmed agreements and when the criteria are met, the smart contract is completed and the transaction is executed.

  3. Transparency is achieved by ensuring that all transactions and smart contracts are verified, and viewable.

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  1. Web 1.0 were static websites, that were not dynamic and not user-adaptable.
  2. Smart contracts are programmable to manage money based on predetermined conditions. It cannot be altered and therefore is non-corruptible.
  3. Ethereum achieves transparency as the source code is public to everyone and cannot be altered.
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  1. It was the internet pages of that time that had very limiting functions, like only being able to share information through text, images and links.
  2. a small code that is able to do certain things with money and it runs on the ETH blockchain.
  3. The executed smart contracts in eth for example can only be manipulated by changing the consensus-built-in system just like with linked lists in the blockchain
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Web 1.0 was the first internet language that was static, you could only have text, images, and links. Smart contracts are small pieces of code that run on the ETH network, they are programmable, unstoppable, transparent with no middle man. The ETH code has achieved transparency by everyone can read what is happening with the tx.

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  1. What is Web 1.0 ?
    Static technology of early websites. Can text and link.

  2. What is a smart contract?
    2.0 Technology- Programmable code that runs on the Ethereum network.

  3. How is transparency achieved with ethereum code?
    It is blockchain technology so it is inherently transparent on the blockchain. No middlemen. So unstoppable!

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  1. Web 1.0 consisted of static webpages with text, graphic elements, and links only. No dynamic content.

  2. It is a set of instructions with which we can contol what happens with money through prgramming. They are enable unstoppable and transparent programmable blockchain money/assets.

  3. Transactions on the Ethereum blockchain are public and can be viewed by all. If financial transactions are controlled by smart contracts on the Ethereum blockchain then government, banking, and business operations can be observed and audited, eliminating trust in third parties.

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  1. It was a static version of the web (before javascript) where you the web could only display text, images and links. Very blah version of the web, but was needed as a first step before Web 2.0 could come.
  2. A smart contract is a piece of code that is stored in the blockchain, can hold money and execute the code so that when x happens, it does y with the funds.
  3. Because everyone can read the blockchain and see what the smart contracts are programmed to do, so instead of me trusting a 3rd party to tell me what the terms of the agreement are, I can just verify.
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  1. Web 1.0 was the first phase of internet which was static only really displaying text and images with no adaption .
  2. A smart contract is a programmable blockchain . They are small pieces of code that program what to do with transactions .
  3. Everyone can see the code on ethereum it is open source and it is placed in the blockchain and cannot be altered .
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1: Web 1.0 was the first iteration of the Internet. It was basically static. Websites were built using simple html and consisted of mainly text, images and hyperlinks.

2: A smart contract is a coded, immutable contract on the Ethereum blockchain. It is transparent and can execute a number of predetermined actions based on performance of agreed terms. In many cased, it can eliminate the need of a middleman.

3: Ethereum code is available to anyone for verification on the Ethereum blockchain.

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  1. What was Web 1.0?
    The first iteration of websites. They were static and lacked interation with other users, and could only post texts, links and images.

  2. What is a smart contract?
    A digital contract that runs a script or code in the solidity programming languge that releases payments depending on if criteria is met.

  3. How is transparency achieved with ethereum code?
    Everything is on chain and is verifiable through block explorers, so anyone can verify a transaction or smart contract

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  1. What was Web 1.0?
    the first stage of the web that could only post images send text and have links to other programs

  2. What is a smart contract?
    Smart contracts are programable codes on the eth network that can have set times dates or parameters to release the contract

  3. How is transparency achieved with ethereum code?
    Each code is open for the community to see and can be programmed to a set of rules that can not be altered

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  1. Web 1.0 was the first iteration of the Web. Websites were limited to displaing text, images, and links.
  2. A smart contract is script(s) written to perform certain transactions on a blockchain. Once added to the blockchain they cannot be altered or deleted.
  3. Ethereum code is written ibto transactions on the Ethereum blockchain. The blockchain is transparent, thus, the code is as well.
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  1. What was Web 1.0?
    Static Websites, no JavaScript possible, meaning that also no dynamic was possible
  2. What is a smart contract?
    A Smart contract is sth. Where you can put money in on the left side and can program the conditions that have to be fulfilled that the output goes to the person/party which is defined as output
  3. How is transparency achieved with ethereum code?
    Code is open / transparent, so anybody can verify and check how it works
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  1. Web 1.0 is what websites looked like before Java Script.
  2. A smart contract is a small piece of code that runs on the blockchain.
  3. All smart contracts and code is stored on the Ethereum blockchain and can be checked at any time.
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1/ Web 1.0 was an era where webpages were so called static pages. The could not change dynamically with inputs from the viewer. That change when JavaScript was introduced
2/ A smart contract is a program that runs on the blockchain
3/ Transparency is achieve because all information or smart contract is recorded in the blockchain

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  1. Static
  2. A programmable contract that can be deployed on the blockchain
  3. The code is open source. The transparency follows in the form of programmable code in which the participants can see all conditions embedded.
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  1. Web 1.0 can simply be described as the internet before javascript was implemented. Containing basically only texts, images and links.

  2. A smart contract is a piece of software on, for example, the Ethereum blockchain. It is programmed and has the possibility to remove trust between peer to peer. It is completely transparent and can never be shut down.

  3. The transparency of the smart contract is achieved since it can always be viewed, and never be changed once deployed.

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  1. The internet that could only show static pages before the invention of Java Script.
  2. A piece of programming code on a blockchain which can handle money according to how it’s set up.
  3. It’s transparent because executed transaction are transparent on the blockchain. Changes of codes after they were added to the blockchain aren’t possible. This also goes for censorship or any authority that might want to take over certain contracts.
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