Homework on Ethereum Intro

[paul027]

1.Web 1.0 consists of static websites which only have texts, images and links.
2.Smart contract is a small program which runs on blockchain 2.0. It can hold money.
3.The smart contract is available to all those with the blockchain thus changing it is not possible.

[Daniel_Maurrasse]

1. Web 1.0 was static and could only support text, images, and links before Javascript.

2. A Smart Contract is a small piece of code that can run on the Ethereum Network. They are written with Solidity, They are unstoppable, completely transparent, and they can own and decide what to do with money.

3. Transparency is achieved with the Ethereum code because everyone can see the code behind a smart contract. Neither party can alter the smart contract once it is set.

[J.C]

1. Web 1.0 was all about that basics of the internet before java scripts was introduced. you could only do text, images, links.
2. Smart contracts are small pieces of code that can hold money and that we can program to know what to do with the money.
3. Transparency is achieved because they are transparent, it removes the need of middlemen and it creates a trust less system were you trust the technology, not the people.

[wildev82]

1. Web 1.0 was compiled of what we called static websites, websites that that could only use text, images and links.
   2.A smart contract is a small piece of code that runs on the ethereum blockchain, anybody can write a smart contract using the coding language ‘solidity’. A smart contract can own and decide what to do with money in a programmable way without need for intermediaries/third party.
   3.Transparency is achieved as anybody can access a smart contract on the ethereum blockchain and see how the smart contract is interacting. Once a smart contract is deployed it cannot be changed or modified in a similar way to the bitcoin blockchain immutability, making smart contracts trustless, only trust math…Dont trust verify.

[Mr.Shill]

1. Web 1.0 was a version of the internet with all-static content. Dynamic content, content management systems and programmable web apps give us what we use today, web 2.0.

2. A smart contract is an immutable, transparent bit of code that can execute instructions on the Ethereum blockchain.

3. Smart contracts are deployed to the ethereum blockchain, decentralized and publicly visible, so anyone can verify the code to see exactly what happens when they interact with a smart contract, line by line.

[kirsten]

1. Web 1.0 was the first version of the internet before Java Script, consisting mainly of static pages hosted on ISP-run web servers, or on free web hosting services.

2. A smart contract is a programmed contract for the execution of money or assets between people, or businesses, or both, and deployed onto the ethereum network. They are little pieces of code that execute transactions according to the agreement that is programmed into this digital contract that cannot be reversed or changed after it is appended to the blockchain.

3. Transparency is achieved in the following:

• Transparent transactions to and from
• No one can change the agreement or conditions of the contract
• Makes it easier to do business with people you don’t know because you no longer need to worry about people’s character when conducting business`.

[hlo]

1. What was Web 1.0?
   static websites: texts, images, before java script was added to the browsers
2. What is a smart contract?
   small piece of code running on blockchain programmed with solidity.
3. How is transparency achieved with ethereum code?
   with proof of work

[feedback]

[quote=“filip, post:1, topic:8441”]

• What was Web 1.0?
  Static websites allowing posting of information and lnks
• What is a smart contract?
  A programmable contract open and transparent allowing actions to be carried out when conditions are met, encouraging a trustless verifiable execution when conditions are met.
• How is transparency achieved with ethereum code?
  On the blockchain. The code can be read and the transactions are recorded on the blockchain.

[Netcaster]

1. Web 1.0 was static images like a magazine page, no interaction or movement of images or text.
2. A Smart Contract is a program built in something called a Sandbox that separates it from other code on the computer and allows for Financial Transactions and other contractual agreements to be executed.
3. Transparency is a core function of Blockchain which Ethereum is built on top of. Since everyone can see what is on the Blockchain, everyone can see what is taking place on Ethereum which protects the integrity of Smart Contracts.

[MarcusM]

1. What was Web 1.0?

The 1st generation of the internet was for basic sharing and publishing of information, through websites with static text and images, pre-javascript being introduced in browsers.

2. What is a smart contract?

Smart contracts are small pieces of programmable code that deploy on the Ethereum blockchain and independently manage money and execute transaction as per their instructions (contract terms).

3. How is transparency achieved with ethereum code?

The public blockchain makes everything transparent and easy for anyone to verify. People are unable to skew anything that is controlled by smart contracts in their favour. It’s neutral, transparent and independent.

[Joshua_Fox]

1)Web 1.0 was just plain text and images on a site.

2)A smart contract is a program that holds funds according to the rules that were programmed.

3. Provides transparency through PoW.

[Emanuila]

1. What was Web 1.0?

• The internet, before JavaScript was created. Static websites, on which you can only read and share information.

2. What is a smart contract?

• Small piece of code that can hold money. The Smart contract is programmed to be executed exactly as it’s written in the code and it cannot be altered, once it’s deployed on the blockchain.

3. How is transparency achieved with ethereum code?

• With smart contracts, which eliminate the middle man. No need to trust a person, you trust the math.

[1984]

1. Web 1.0 was static it could only display texts and images and links.
2. A smart contract is a code stored on a blockchain, so immutable, which will triger a certain action if something defined happens. A smart contract can own money and ditribute it to given entity depending on conditions.
3. Anyone can scan the blockchain to read the code. And if a rule is set, there will be no way to go around it.

[Ville]

1. 1st generation internet. Static websites with only texts, images and links
2. Small pieces of code which can handle money
3. Removes the middle man, everyone can read and verify code

[Ivan_Z]

1. before the introduction of Jacascript (programable parts of a website), a website just had static pics and texts, and hyperlinks to other sites. Basically: it was NOT possible to interact with those sites.

2. a smart contract is a programable task which is transparent, has clear action programmed and cannot be changed afterwards.

3. Transparency is achieved on ethereum because all transactions are traceable…all code is viewable and verifiable, and transactions cannot be reversed

[FLXSTNVLD]

Homework Ethereum intro

1. What was Web 1.0?

Static websites. (only information no interaction)

2. What is a smart contract?

Small piece of code on the ethereum blockchain that manages money according to pre written instructions.

3. How is transparency achieved with ethereum code?

Anyone can see exactly what the contract will do and why it will do it.

[FunCoupons]

1. Web 1.0 involved static websites that were built on texts and images. Once javascript was introduced this allowed for more interaction between the user and the website itself.

2. Smart contracts are minute pieces of code written solidity that run on the Ethereum blockchain. These smart contracts contain coded information on what to do with the funds that are being stored and will only allow the funds to move once the trigger is met.

3. Ethereum is decentralized because no middleman is needed for the transaction to occur and once smart contracts are deployed on Ethereum it is visible to everyone.

[NextGen33]

Web 1.0 was a static version of the internet had limited interaction with images, texts, and links.

A smart contract is programmable code that can execute functions on the blockchain and become integrated into the blockchain.

All transactions that occur with Ethereum are viewable on the Etherscan.

[RoryPhilBTC]

1. Web 1.0 consisted of only static websites that did not include javascript and therefore could not be anything more than text, images and links.

2. This is a piece of software that can be used to program the blockchain. Also, once it has been deployed it cannot be changed or retracted until its function is fulfilled.

3. The source code of the smart contracts are publicly available and therefore can be verified that they are doing what they say they are.

[JonBal]

web 1.0 was the internet before JavaScript. It was mostly just static websites with texts images and links.

2. A smart contract is a small piece of code on the blockchain that can own and decide what to do with money.

3. Everyone trusts in the code of the smart contracts and can verify it if they care too by viewing the source code rather than having to trust what someone says.