Homework on Ethereum Intro

[PapiChullo]

1. Web 1.0 was static, based on texts, images and links only.
2. Smart contracts run on EVM
3. Removing middlemen (trustless code)

[dwu007]

1. What was Web 1.0?

Web 1.0 was the initial version of the internet. It was very limited in that it could only do a few things. Like static websites that would show just text, images, and possibly links. Basically, it’s use case was the ability to have boring static websites. No chat applications or social media platforms to interact with or with other people.

2. What is a smart contract?

A smart contract is small pieces of code that runs on the ethereum blockchain. Essentially, a smart contract can own and decide what to do with money in a transaction that is in the smart contract.

3. How is transparency achieved with ethereum code?

A program deployed in a smart contract on a blockchain achieves transparency by the rules of blockchain tech, where everyone can see what the contents are in the smart contract that is being broadcasted on the blockchain. These contents can not be altered or reversed.

[levinardo]

1. What was Web 1.0?
   Web 1.0 technology relies on uni-directional flow of information where the website owner puts info in the website for people to access but not contribute.
2. What is a smart contract?
   Smart contract in ethereum network is dynamically programmable protocol / contract where a transaction can happen upon fulfilment of pre-defined conditions, thus allowing fully trustless system.
3. How is transparency achieved with ethereum code?
   Ethereum code relies on proof of work (currently) and then its code are auditable as well.

[Michelp]

1. What was Web 1.0?
   The very beginning of websites only composed with text, images, links, design. Web 2.0 added dynamic languages like Javascript to run code on the website. (animations, carousels, video players, applications)

2. What is a smart contract?
   A smart contract is an executable program stored on the blockchain. They can also hold money as they do have an Ethereum address.

3. How is transparency achieved with ethereum code?
   The smart contract trigger and logic are transparent and can be verified in their code.

[calvalini]

1. What was Web 1.0?

Web 1.0 was the first iteration of the internet which featured basic text, pictures, and links. No dynamic functionality could be embedded into website during the first wave of the internet. Javascript changed all of this.

2. What is a smart contract?

A smart contract is a small program that executes on the blockchain when certain conditions are met.

3. How is transparency achieved with Ethereum code?

Ethereum code enables all monetary transactions to be viewed by anyone at any time. The code is open source and can be audited by anyone!

[ArgenFrank]

1. What was Web 1.0?
   A very dark and cold place where java scripts were not used.
2. What is a smart contract?
   Its code, written in solidity and deployed into the ethereum blockchain.
3. How is transparency achieved with ethereum code?
   By the fact that all Tx’s are traceable

[SaloBGoode]

1. What was Web 1.0?
   A: Web 1.0 was the first incarnation of the internet. Static sites that were comprised of text blocks, images and links. With the introduction of JS and dynamic sites it evolved to Web 2.0.

2. What is a smart contract?
   A: A smart contract is a piece of code written in the language Solidity that run on the ETH blockchain. At the most basic, they are contracts that control an output based on the completion of said contract.

3. How is transparency achieved with ethereum code?
   A: Transparency is achieved with ETH code in the same way transactions on the BTC blockchain are transparent. With Real time auditing, PoW, and immutability.

[ThomasHilton1]

1st Incamation Of The Internet
Legal ledger that is on the Ethereum Blockchain
Thru the ETH Code

[oneworldcoder]

1. Web 1.0 is when we had static websites displaying text, images or links.

2. Smart contract is a code which runs on the Ethereum blockchain.

3. The smart contract code can be read by anyone and once it’s deployed it cannot be altered. The transactions can be verified by anyone.

[Agent989]

1. The era of static websites (text, images and not much else). Js was none existant.
2. A piece of code that is stored and executed on the etherium blockchain. It enjoys benefits such as transparency and immutability.
3. By having smart contracts be stored on the publicly viewable blockchain.

[AdamRW]

1. What was Web 1.0?

A. Web 1.0 refers to the internet before it became dynamic with more options for programmability. Just reading and sharing info was possible with only text, image and links available.

2. What is a smart contract?

A. Smart contracts are small pieces of code that run on the blockchain. They are protocols that automatically document transactions or perform functions once a predetermined objective is met.

3. How is transparency achieved with ethereum code?

A. Proof of Work and mining enforce transparency.

[ruben_paz]

1.Web 1.0 was just the basics of a website, text,image and links
2. A smart contract is a piece of code that can execute commands and hold money
3. Transparency is achieved by being able to see what the smart contract is doing

[dFresh]

1. Web 1.0 was a wonderful age of static websites consisting mainly of text, images, hyperlinks, etc.

2. A “small” piece of code (programmable contract) to be executed under certain condition(s). The code/smart contract is on the blockchain once broadcast.

3. “Don’t trust, verify,” everything is visible (open source) on the blockchain (e.g, review the code of a smart contract).

[thecil]

2. What is a smart contract?

@ThomasHilton1

Legal ledger that is on the Ethereum Blockchain

Not a ledger, is basically set of instructions that can be programmed to fulfill an usecase.

3. How is transparency achieved with ethereum code?

@ThomasHilton1

Thru the ETH Code

You mean through the blockchain of ethereum .

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

Carlos Z.

[sarahgibson]

Web 1.0 was when people could only read or share information. Web 2.0 then came along and people could chat or create accounts with Javascript.

A smart contract is a program on the ethereum blockchain that triggers one action with another.

The code is on the public blockchain for everyone to see.

[Co-Star]

@filip

• What was Web 1.0?
• What is a smart contract?
• How is transparency achieved with ethereum code?

1. Static websites that you couldn’t interact with.
2. A smart contract is programmable money. Ie an address gets sent money only if a certain condition or many conditions are met, or if those conditions are not met you can program to he smart contract to send the money back to an address you control.
3. Once deployed a smart contract cannot ever be changed. Any one can see what the smart contract will do.

[bdrockwell]

1. What was Web 1.0? Basic web interface where you can only read and share information.

2. What is a smart contract? A smart contract is a programmable piece of code that runs on the blockchain making Ethereum dynamic in functionality and programmable for a huge array of transactions.

3. How is transparency achieved with ethereum code? In the same way the bitcoin blockchain is visible, all the activity of a smart contract, all its processes or changes can be seen as it performs its programming. Also, it cannot be changed from its original state.

[daninvest]

1. Web 1.0 was the web before Java Script. It was just a simple web that you could only read information or click a link, but you could not interact with it.

2. A smart contract make possible to program money. It is 100% transparent, so anyone can read the code.Once you have programed it, it is not possible to change or reverse it.

3. Transparency is achieved by letting everyone to read the smart contract code.

[kryptokrymmenos]

1. What was Web 1.0?
   It is simple websites with text, images, and links.

2. What is a smart contract?
   It is a program that allows other programmable language to run on the same blockchain. It is unstoppable and can’t be taken away once it enters the blockchain.

3. How is transparency achieved with ethereum code?
   All the smart contracts are visible for everybody to see. Anybody can see all the transactions on the Ethereum block chain.

[Kim]

it seems that the other students have other and more difficult questions?

@filip

What was Web 1.0?

web1.0 was the first stage of the internet with very static, boring websites… No chat, no different accounts, no social media… Only for reading and sharing information.

@filip

What is a smart contract?

A smart contract are pieces of code that run on the ethereum blockchain, everyone can create a smart contract using the Solidity programming language and deploy it on the Eth network. It’s untoppable transactions are transparent… Smart contracts can own and decide what to do with money without third parties and without trusting anyone else.

@filip

How is transparency achieved with ethereum code?

By creating smart contracts using Solidity to code on the eth blockchain.