Homework on Ethereum Intro

[JimmyHon]

1. Web 1.0 is the internet at the beginning stage, where web-page are static, as it can only showed text, images and link.

2. Smart Contract is a small piece of code that run on Ethereum network that can be created by using a programmable language called “Solidity”.

3. In this programmable language, you can see clearly, who is the sender and who is the receiver, all the criteria in the contract and it is unstoppable as it is not depended on any third party to execute the contract.

[Crypto_Sherlock]

1. Web 1.0 was the internet without Javascript. You could only have text, images and links. No interactions such as chatting was available.

2. A smart contract is a programmable blockchain code. It can hold transactions and decide what to do with them automatically through the code. Programmable money. This removes the need for trust in third parties.

3. Ethereum code achieves transparency because everyone is able to see what is happening with the money.

[Nara]

1. What was Web 1.0?

A web consisting mainly of static, read-only websites. Very limited user interaction and personalization.

2. What is a smart contract?

A programmable contract that resides on the blockchain and executes financial transactions based on its code.

3. How is transparency achieved with ethereum code?

Contracts are published on a transparent, decentralized blockchain - everyone can view and verify all the transactions related to a particular contract and the contract code itself.

[chrismop]

1. Static websites: you could only have text, image and links
2. Smart contracts are small pieces of code that run on the blockchain
3. Everyone can see code and the TX that happen.

[Quixil]

1. Static websites, possible to read and store text, image and links.
2. Small pieces of code which run on the ETH platform.
3. Everybody can see the code of the contract.

[Hugo_Vieira]

1. What was Web 1.0?
   First times internet, read only
2. What is a smart contract?
   It´s programable order for money.
3. How is transparency achieved with ethereum code?strong text
   Everything can be seen in the blockchain and the order given can not be revogued.

[Omas]

1. Web 1.0 is the web without Javascript. Static Websites to dynamism and interactivity.
2. Smart contracts are codes that run on the ethereum blockchain that executes only when pre-determined/pre-defined conditions have been met.
3. Transparency is achieved via smart contracts.

[spongetti]

1. What was Web 1.0?
   it is a static platform with no interaction

2. What is a smart contract?
   it is code that can be deployed

3. How is transparency achieved with ethereum code?
   it is open source code, no trust needed, no central authority

[Ana]

1. Web 1.0 was only allowing to read text and links, it didn’t have Java Script to allow to interact throught, for example, chat.
2. A small contract is a small piece of code that runs on the ethereum blockchain.
3. Transparency is achieved with ethereum code because nobody can change how a smart contract behaves. It isn’t possible to reserve or change a smart contract. Therefore, there is no need to trust on each other, it’s a trustless system.

[Guilherme_Freitas]

1. What was Web 1.0?

Web 1.0 was the internet static websites, with no user interaction. That was basically one way information flowing from server to user, who would only get text and image/pictures to be read.

2. What is a smart contract?

A smart contract is a piece of code that runs on the blockchain, instead of a unique computer/server. It can be publicly checked and cannot be stopped.

3. How is transparency achieved with ethereum code?

Ethereum blockchain is a public ledger. It can be audited by anyone at any time, ensuring the trustless and transparent behavior of the application(s).

[Saula_Atama]

1. What was Web 1.0?
   Early version f the internet where it was only text, images, and links where the fundamentals of the basic model, then later models where JS was created that lead to other possibilities with it.

2. What is a smart contract?
   Immutable computer programs, or small pieces of code that run on the ethereum blockchain

3. How is transparency achieved with ethereum code?
   It does in it a decentralized way because everyone can see what’s happening to the transaction.

[LucianT]

1. Web 1.0 is the first stage of the web development that was characterized by simple static websites.

2. A smart contract: a small piece of programmable code that can hold money until a condition is achieved without any banking connection.

3. in Ethereum, transparency is achieved through smart contracts which can be seen by everyone on the blockchain.

[DJM]

1. What was Web 1.0?
   • Early internet technology that was static text, images and links as opposed to Web 2.0 which incorporated features enabled by Java Script such as account updates chats that enabled websites to be dynamically updated.
2. What is a smart contract?
   • A short piece of code that enables automated execution of transactions on a blockchain.
3. How is transparency achieved with ethereum code?
   • The code is visible to everybody but execution is immutable and unstoppable.

[evasilev]

Web 1.0 in general was text, images and links (not programable)
Smart contract is a peace of code sitting on the blockchain
Once the code is deployed on the Ethereum blockchain it can not be changed. There is no middle man, trust is removed by technology.

[StevenM]

1. What was Web 1.0?
   Boring. It was the dark ages before JavaSript. All you could get was words. And you couldn’t even put the words in a chat room. No pictures to speak of; no interactive blog entries; no fun! Period!

2. What is a smart contract?
   Small snippets of code written in Solidity. A Smart Contract is unstoppable. The author of a Smart Contract owns it and can do with the money anything he or she wants to do.

3. How is transparency achieved with Ethereum code?
   Smart Contracts. They are immutable, unstoppable, and without the middleman. The Smart Contract might have code that says a certain transaction is to occur and a certain date at a certain time under certain conditions. An Ethereum Smart Contract is for everyone to witness who care to witness.

[sandrau]

1. Web 1.0 is the World Wide Web in the initial stage when it was mainly web pages connected by hyperlinks. It was simply a set of static static webs sites that was not even offering interactive content.

2. A smart contract Ethereum is a small computer protocol that lives in the blockchain and is activated when auser initiates it. The means to activate automatically and execute programs piece of code that runs on Ethereum. It is called a contract because the code can control valuable things like ETH or other digital assets.

3. Transparency is achieved with ethereum code

Data is transparent and is traceable by anyone. As for confidentiality, it is saved on blockchain in encrypted format and the decryption keys are only available to authorised individuals.

[Jay1974]

1. Web 1.0 was the internet with basic, static web pages. It just served static pages, there was no ability to interact.

2. Code that can hold money and we can program what will happen with that money without the need for a middle man, escrow service. Decentralized, no way to stop it.

3. The transaction is there for all to see on the blockchain

[Ag9]

What was Web 1.0?
this is beginning of internet first protocol. Not much could be done in Web 1.0

2. What is a smart contract?
   trustable program on Ethereum blockchain.

3. How is transparency achieved with ethereum code?
   Because on blockchain we can’t change smart contract. Everyone can review and can’t change it.

[JJ.kush]

[quote=“filip, post:1, topic:8441”]

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

1. Web 1.0 was the first stage of the internet. Pages are connected by
   hyper link. Static websites no interactive content.

2. A smart contract is a agreement between two or more people. Represented in the form of computer code. They run on the blockchain with no third party interference. Can not be changed once implemented.

3. Etherscan

[Ronen]

1.) Web 1.0 was the original version of the World Wide Web (the internet). It was in its first stage of development, and it was very simple.

2.) A smart contract is a transaction protocol or a computer program that works automatically, and does not rely on human trust.

3.) Transparency is achieved by removing the middle men, not relying on trust, and being irreversible.