Homework on Ethereum Intro

Ethereum 101
#1366
  1. Internet 1.0 is the original form of the internet providing basic data transmission such as text & basic links over the web.
  2. A smart contract is automated code that runs on a blockchain. It provides a transparent immutable utility for its users.
  3. Transparency is built into the design of blockchains by the mining process. A smart contract that runs on the blockchain functions in this same way, after a transaction is validated the block cannot be reversed.
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#1367
  1. What was Web 1.0?

It the initial World Wide Web or static web before it includes java script. It is also one-way communication web

  1. What is a smart contract?

It is a transaction protocol written on etherium blockchain network that automatically execute the agreement, so it is decentrailized.

  1. How is transparency achieved with ethereum code?

Because it used the concept on proof of work through decentralized blockchain network, the transactions are publicly recorded and cannot be changed.

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#1368

Web 1.0 was the first, static HTML based web experience that presented the same content to its users.

A smart contract is a small piece of code that resides/runs on the blockchain.

Transparency is achieved in ethereum code by enabling anyone to read the code on the ethereum blockchain.

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#1369

What was Web 1.0?
Web 1.0 was the original internet with static websites that included text and images. It had very limited interaction.

What is a smart contract?
It is software that runs on the blockchain written in Solidity. Meaning it cannot be changed
or reversed. It can hold money and release or execute commands only when a specified event occurs

How is transparency achieved with ethereum code?
It is a trustless system and anyone can view these Smart contracts as they are made public I the blockchain.

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#1370
  1. The state of the internet when it first started, when there was no programability of websites and they were basicalle only text, images and links. No user input was realy possible.
  2. A smart contract is a piece of code deployed on the blockchain that runs on its own. In the code the conditions of the contract are coded and automatically executed when met.
  3. The code is open source.
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#1371

1.) Bitcoin was Web 1.0.
2.) A smart contract is small piece of code that runs on the Ethereum blockchain, that is created with the Solidity program. Anyone can choose to program one and once itā€™s added to the blockchain, itā€™s unstoppable.
3.) Ethereum code achieves transparency by running on a decentralized blockchain.

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#1372

  1. What was Web 1.0?
    Web that consisted of static web sights

  2. What is a smart contract?
    An automated digital contract registered on the blockchain

  3. How is transparency achieved with ethereum code?
    Through a blockchain ledger that is decentralised

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#1373

  1. What was Web 1.0?
    Static webpages, improved to Web 2.0 with the introduction of HTML 5 & more matured Javascript frameworks like React & Angular

  2. What is a smart contract?
    Code which runs on a Blockchain such as Ethereum, preconditions are written into the code which can execute under certain conditions such as a certain time period elapsed or a certain number of tokens held by the contract

  3. How is transparency achieved with ethereum code?
    Through the decentralised blockchain & open source contracts

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#1374

1. What was Web 1.0?
Staic websites , information links images , not customised for individual members, not dynamic
2. What is a smart contract?
A contract programmed with a turing complete language which is on the blockchain and activated under certain conditions specified in the code
3. How is transparency achieved with ethereum code?
It is on the blockchain and therfore cannot be altered and everyone can see what is happening therefore reduced possibility for corruption

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#1375

WEB 1 Early stage internet basic
SC. programmed rigid format of rules
3 Open source programming and contents are visible

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#1376
  1. Web 1.0 was static. mainly just text.
  2. Contracts that contain and hold money.
  3. A public blockchain viewable by anyone
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#1377

1- Web 1.0 was a static version of the internet where websites themselves were static (could have pics, links and texts but not much more)
2- A smart contract is a contract programmed into the blockchain using Solidity, which is unstoppable and is controls a transaction based on a pre-determined set of parameters.
3 - Everything is visible on-chain, and can therefore be verified. The smart contracts cannot be modified to suit a person or entity because they are on chain and would require re-mining.

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#1378
  1. Web 1.0 is static. It is not dynamic. It only has images, links and text. Not programmable or adaptable. Also it is limited to reading and sharing information.
  2. A smart contract is small pieces of code that runs on the Ether block chain. Smart contracts use a programming language called solidity.
  3. Through smart contracts on the block chain transparency is achieved.
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#1379

1. What was Web 1.0?

Could be valid, but we ask the general term for Web 1.0 , could you please describe it a little bit?

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

#1380

Of course. Web 1.0 was the basic internet, with pictures, and text. I was way off.

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#1381
  1. What was Web 1.0?
    WEB 1.0 is a website that allowed texts, images and links only. It only websites allowed reading and share information.
  2. What is a smart contract?
    A smart contract is small piece of programmable code that is programed on a block in a ETH blockchain. It canā€™t be reserved once its programmed and deployed.
  3. How is transparency achieved with Ethereum code?
    It achieves transparency by allowing everyone to be able to verify allow the transactions and money. Everyone has access to the Smart Contract.
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#1382

1 - Web 1.0 was the basic internet experience where you could only read texts, see photos, see links, you couldnā€™t for example have an account and login to a website, have online chat & videos.

2 - It is a piece of code made using solidity and deployed on the ethereum network, that will execute itself under preset conditions inserted in the code itself.

3 - A smart contract or code canā€™t be changed after it has been deployed. thus it will always execute as per the initial code written in the smart contract

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#1383

  1. Web 1.0 describes the early days of the internet where only very basic web functions were possible.

  2. A smart contract is a piece of code that uses a blockchain to perform transfers of money based on pre-determined conditions, leveraged by all the benefits of blockchain.

  3. By utilizing a open-source programming language.

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#1384
  1. What was Web 1.0?

It was the first basic version of the internet where you can only share text or images (loading very slowly) and with a limited interaction.

  1. What is a smart contract?

Smart Contracts are a feature of the Blockchain that allows to have programmable transaction depending on some condictions that can trigger payments.

  1. How is transparency achieved with ethereum code?

The Smart Contracts are in a public Blockchain and cannot be modified or hardcoded so that they are accountable and transparent without haveing to depend on some middleman.

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#1385
  1. Static html pages
  2. A contract that runs on a blockchain like ethereum that get executed without having to trust a third party. Programmable money.
  3. The smart contracts are public and immutable
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