Homework on Ethereum Intro

Ethereum 101
#843

1-What was Web 1.0?
Web 1.0 is how we define the first web pages and how they were built, just with:
-Images
-Text
-Links

No JavaScript, so no dynamic functionlity

2-What is a smart contract?
A smart contract is a snippet of code that runs on blockchain to execute a certain set of rules or purpose. It’s created to avoid third party invertentions and to do tx transparent and trustless

3-How is transparency achieved with ethereum code?
smart contracts are transparent and verified by the network (anyone)

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#844
  1. Web 1.0 is was static version containing only links, text and images. It was not dynamic and neither adaptable based on the user as we have today.
  2. Smart Contracts are small pieces of code in the Blockchain, which could be Ethereum, written in Solidity and once is deployed can not be deleted or changed.
  3. It is Trustless. “Don’t Trust, verify”. No one can change or delete the code and information is available for all with no need of middle men. It is based on POW and mining process.
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#845

1 Static websites, plain html code.
2 A defined logic place on the blockchain
3 Anyone can review the smart contract and see what it does.

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#846

Beginning, static webpages that mainly loaded text, images and links. Web 2.0 used javascript to load dynamic and programmable websites.

Programmable conditions on the Ethereum blockchain using Solidity as the language.

Open Source. You can review all the code on the blockchain.

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#847
  1. The original web that allowed only text, images and no interaction (static) and no Javascipt
  2. A smart contract allows you to program a contract with conditions that money or assets are released or not, only when the conditions are met.
  3. Everyone can see the transactions/smart contracts and no one can come in after and change the contract or the conditions. Just like how Bitcoin is immutable.
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#848
  1. What was Web 1.0?

The original pre java internet containing only basic text and images

  1. What is a smart contract?

A transparent programmable asset that invokes transactions when certain pre-defined conditions are met.

  1. How is transparency achieved with ethereum code?

Smart contracts are stored on the public blockchain which can be viewed and verified by anyone

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#849

  1. Web 1.0 was the internet before javascrypt. Websites were static.

  2. A Smart Contract is a piece of course that can hold value and spend it depending on how it is programmed.

  3. Ethereum is using blockchain technology. All transactions and the code are public.

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#850

  1. What was Web 1.0?
    A very basic information system with limited functionality such as text, images & links. Before the implementation of JavaScript.

  2. What is a smart contract?
    A small piece of code that runs on top of the Ethereum block chain. It allows a users to hold and program assets based on their desired conditions without the need for a middleman such as a lawyer or bank.

  3. How is transparency achieved with ethereum code?
    By making the code available to the public for viewing.

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#851

  • What was Web 1.0?
    It is the first version of the internet, consisting mainly of text and a small amount of images

  • What is a smart contract?
    A smart contract (as With Ethereum) is a coded unbreakable contract

  • How is transparency achieved with ethereum code?
    It is visible and available on the Ethereum blockchain (each and every node globally connected to the Ethereum network) all Ethereum code is public.

Don’t trust… Verify!

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#852
  1. Web 1.0 was static and could only have text, images, links with no programmable options.
  2. A smart contract is made up of a dynamic programmable blockchain that can control how money functions.
  3. The smart contract can be viewed by everyone allowing transactions to be verified by all parties.
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#853
  1. It was a static internet ( text, images and links only)
  2. A smart contract is a peace of code that can handle money, when a special event occur. It is running on a blockchain.
  3. The transparancy is achieved by running the code on a public blockchain.
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#854

1.Web 1.0 are static websites with “read and share” types of information stylized in text, images and links.

2.Smart contracts are small pieces of code that run on the ethereum blockchain using programs such as Solidity that gives users the ability to own and decide what to do with assets and money.

3.Transparency is achieved with ethereum code since it is a trustless business application where the math is visible in the code and verifiable on the blockchain.

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#855

  1. Web 1.0 is the internet without Javascript where only static pages could be created.

  2. Smart contracts are programmable scripts that can be used to execute conditions for financial transactions.

  3. Transparency is increased with ETH because once a smart contract is uploaded to the blockchain, it cannot be stopped.

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#856

  1. What was Web 1.0?
    Static websites that were capable of displaying simple texts, links, and images. Only able to read and share information.

  2. What is a smart contract?
    Programmable money. Smart contracts are small pieces of code that run on ethereum blockchain, that holds money and programmed what to do with the money.

  3. How is transparency achieved with ethereum code?
    Available to the public on ethereum blockchain.

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#857

Great Answers!! Keep up the great work!!

Felipe.

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#858

It was the initial way of sharing static content an example of which is how Wikipedia still works today. However today you can have an account there and change the content. Originally Web 1.0 was actually a military implementation that was adopted by the academic industry for sharing information.

At their core they are applications i.e. lines of code, that will execute when the predetermined terms and conditions are met. It then allows a trustless way of dealing with money as it is visible for all interested parties.
The nicest slogan being “Don’t trust, verify”.

It is achieved by the eventual “actions” of the Smart Contract being visible (and agreed upon) by all.

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#859

  1. What was Web 1.0?
    static websites where only text showing was possible.

  2. What is a smart contract?
    small pieces of code that run on the Ethereum blockchain

  3. How is transparency achieved with ethereum code?
    it is visible for everyone.

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#860

1. What was Web 1.0?
The first version of how websites works (static content, images and text)

2. What is a smart contract?
A piece of code that has the ability to makes money behave the way the owner wants to… basically programmable money.

3. How is transparency achieved with ethereum code?
No one can alter the code and anyone can verified it on the ethereum blockchain

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#861
  1. What was Web 1.0?
    First stages of webpages most were static without javascript.
  2. What is a smart contract?
    A smart contract is a small code that runs on the blockchain and can be programed through a software called solidity.
  3. How is transparency achieved with ethereum code?
    The smart contract is impossible to change ones it is send to the network
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#862
  1. What was Web 1.0?
    Web 1.0 is a static website, with single text, image, links, but without any interaction.
  2. What is a smart contract?
    A smart contract is a computer program or a transaction protocol, which is intended to automatically execute, control or document legally relevant actions and events according to a contract or an agreement. It tries to rely on mathematics and computer programs to reduce the risk of trust dependency in a trustless world.
  3. How is transparency achieved with ethereum code
    Ethereum code is using Solidity program for smart contract, which is supposed to automatically execute, control or document events and actions by computer, instead of intermedia, so that transparency is achieved.
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