Homework on Ethereum Intro

[Kahoobb]

1. What was Web 1.0?

Web 1.0 was static websites with text, images and links to share information.

2. What is a smart contract?

A smart contract can control/handle money and will only do what it is programmed to do. Therefore if you program it to give money to your child if they get good grades, the only way to get your money back to you in a trustless way is to have your kid fail their classes otherwise your child will receive the money into their crypto wallet as the smart contract will read the grades and give the money to the child. A smart contract has unstoppable TX’s, is trustless and is transparent requiring no middle men and is coded in solidity.

3. How is transparency achieved with ethereum code?

Ethereum is used on a blockchain. Blockchain is a public ledger that anyone can look at online and read all the code themselves.

[Littlered]

1. Web 1.0 was static. It involved reading and writing to one another on websites.

2. A smart contract is a digitized contract. It can be person to person, business to business, etc. without the use of an intermediary. A smart contract is a self-executing contract that once it is created, it cannot be modified, it can only expire (assuming that is within the rules of the contract).

3. This is answered a little bit within my previous answer. Taking out the intermediary fully exposes what is happening on the ethereum blockchain. There is no one party that holds the information, both parties involved in a transaction know exactly what is expected to occur and with whom.

[DazzaMac19]

1- 0.1 A static website, only show text image or inks
2- A Smart Contract is Small pieces of code that run on the etherium network using a programing language called solidity. Trustless and transparent
3- Transparency = with security verification censorship, everybody can see what is happening immutable on public ledger so no place for corruption,

[waka]

1. Web 1.0 was a static version of the internet before javascript.
2. A smart contract is a small piece of code that locks up money and can set it free when a certain condition is met.
3. With a smart contract you cannot meddle with transactions.

[Jay9000]

1. What was Web 1.0?
   Web 1.0 are websites that you can see/read text or images but you can not interact with the site. No chat, no comments, no uploading your own stuff, etc.

2. What is a smart contract?
   A smart contract is a code on the block chain that executes its purpose on its own once certain conditions are met. You can program what it will do and what the conditions are and everyone can verify this it the smart contract code.

3. How is transparency achieved with ethereum code?
   The code is public and anyone can view it.

[Daniel_Haydn]

1: it’s a static, older version of the internet with limited possibilities. Webs 1.0 only made links, images and text possible.

2:a smart contract is a code which can own money.it will unstoppable do what it’s programmed to do.

3:every smart contract is added to the blockchain. Its transparent because everybody can go to blockchain.com and look into it.

[SilverWolf]

• What was Web 1.0?
  Static HTML pages without dynamic capabilities.

• What is a smart contract?
  It is code that can be run on Ethereum network

• How is transparency achieved with ethereum code?
  It is publicly reviewable

[Cendy]

1. A static website that includes texts, images, and links.
2. A small piece of code that runs on the Ethereum blockchain.
3. One can see exactly what is happening to it in terms of transactions. In terms of who is Sending money and who is receiving money.

[Turula]

1. Web 1.0 was a static internet where you could only put text, image and links to a website.

2. A smart contract is small pieces of code that you can program to activate certain outputs when a specific condition have been met. You get programmable money that is unstoppable, transparent and trustless with no middlemen or single point of failure.

3. Transparency is achieved since the code is open for everyone to see and verify. It runs on the blockchain making it impossible to change, manipulate or reverse once the smart contract has been deployed.

[MGB]

1. Read only.
2. Smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined terms and conditions are met.
3. Contract conditions can be observed publicly.

[Tyler11]

1. Web 1.0 was a static version of the internet using HTML. Functionality was limited to text, images and links.

2. A smart contract is a software program that contains a set of instructions. The contract is stored on the Ethereum blockchain where it will execute payment once certain conditions are met.

3. Transparency is achieved with Ethereum code by having a public ledger that is accessible to the public.

[Karima]

1. What was Web 1.0?

It was the first version of the web when you could only have websites which contained text and pictures but no one could interact with the websites ( no login , no chat). It was a very static version of the web because it didn’t contain javascript.

2. What is a smart contract?

It is a programme ( written with solidity for ethereum blockchain) that run on the blockchain . Si it is a way of programming crypto on the blockchain.

3. How is transparency achieved with ethereum code?

The smart contract code is visible to everyone on the blockchain. So everyone can verify it and as it is in the blockchain, it can’t be modified so business could be done between two parties without having to trust one another.

[CryptosaurusRex]

1. What was Web 1.0?
Static web pages, no interaction

2. What is a smart contract?
Code that can hold money and have programmable instructions

3. How is transparency achieved with ethereum code?
Once a smart contract has been issued it can’t be altered or removed. Anyone engaging with the contract has to follow the rules which are known by everyone.

[pawel]

1. It was static websites.
2. A smart contract is a small piece of code that can store money and can be programmed to decide what to do with the money. “It is a immutable computer programs that run deterministically in the context of an Ethereum Virtual Machine as part of the Ethereum network protocol—i.e., on the decentralized Ethereum world computer.”
3. The ethereum code is public open code so it’s full transparent.

[dgbit]

1. Static websites. Only read content.
2. A piece of code that can decide how to transfer value between parties across the internet in a trustless way.
3. Contract participants can check the terms, inputs and outputs of the contract and verify its execution.

[Cap_D]

1. Static only internet, with text, images and link sharing
2. Self-executing trustless Tx / small pieces of codes
3. It is public for all to see and cannot be altered

[Danielito]

1. What was Web 1.0?
   Static, read websites (no java script)

2. What is a smart contract?
   it is a programmable code which runs on a blockchain. Works with conditions -> ideally for programmable money

3. How is transparency achieved with ethereum code?
   Its an open code, means everybody can read but not change. Don’t trust -> verify

[Cromaz]

1. What was Web 1.0?
   Static Websites with text & pictures which were not interactive.
2. What is a smart contract?
   A Program which automatically transfers money to a specific address if a defined event happened.
3. How is transparency achieved with ethereum code?
   Apps stored in the blockchain. No middleman. It’s not reversible or changeable after it’s released.

[dennisw]

1.simpel internet simpel website
2.trustles contract on the blockchain
3.free from coruption,don’t trust verify

[marianagg]

1. What was Web 1.0?
   The beginning of the internet -only text, pictures available.Not programable to serve the users
2. What is a smart contract?
   Contract programed giving transparency
3. How is transparency achieved with ethereum code?
   we don’t have to trust 3d parties, Eliminating the middle man