- Web 1.0 was the first internet where there was no interaction with the web as all texts and images were just basically static - until the introduction of javascript that brought the internet to 2.0.
- Smart contracts are small pieces of codes written in solidity programming language that run on the ethereum blockchain for the execution of certain transactions autonomously and in a decentralized way.
- All smart contract codes are transparent and open for all to see and it runs according to the codes without any third party involvement.
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- Web 1.0 was the first iteration of the internet, where pages were static, and could display text and images, but were not interactive.
- Smart contracts are small pieces of code that run on the Ethereum blockchain. They are unstoppable programs that can own and then decide what to do with money based on how it was programed.
- Once the smart contract is deployed on the blockchain, everyone on the blockchain can see it, and no one can edit it, so it is immutable and unstoppable, and fully transparent.
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Web 1.0 - a static site used to show and share information
Smart Contract - pieces of code (Solidity) that run on the blockchain. Code that owns, holds, and decides what to do with money. It’s dynamic and programmable.
The objective of the smart contract is transparent b/c it’s written in hte code.
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- What was Web 1.0? ~ Web that was generated to run as text/ static.
- What is a smart contract? ~ SC is simply software that runs on a blockchain, more transparent because once a SC has been programed to run on the blockchain you cant reverse it,
- How is transparency achieved with ethereum code? smart contract; you can verify it yourself. Etherium is when a SC programmable more traceable reliable
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Ethereum Introduction Answers.
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Web 1.0 is the first stage of the World Wide Web which can be describe as static, ie it is READ ONLY. It never changes, it has no interactive features for example. a company’s profile on its web page.
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Smart Contract is a transaction protocol on Ethereum which determines
the term of the contract between people or companies etc. It is self- executing and does not require any middleman. It strictly adheres to what is stipulated in the contract. -
Transparency is achieved in Ethereum by its embedded encryption - all data stored are transparent and available to be traced by anybody. The confidentiality of the data is encrypted ie such that only authorized person or persons with the keys can decrypt the encryption.
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1.Web 1.0 was the basic (static) form of the internet it was limited to displaying text and images
2. A smart contract is a program that runs on Ethereum blockchain it contains code which determines how the contract functions. Smart contracts once programmed and deployed cannot be changed they act as transactions on the ethereum network.
- When a smart contract is deployed it appears on the network as a transaction. This transaction hash is public and everyone can access it the nature of the block chain ensures the data is also immutable and cannot be changed or stopped.
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Web 1.0 consisted of static websites that were just showing texts and images. There was no interaction with the user and the websites didn’t adapt to the user. The introduction of JavaScript changed this.
A smart contract is a small piece of code that is deployed on a blockchain. It can hold and use valuable digital assets.
The code of the smart contract and its rules can be viewed by everyone. Additionally, every interaction is tracked by the blockchain.
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Web 1.0 was static websites only for sharing information. There was no interaction with websites. Every visitor saw the same information
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A smart contract is on ethereum blockchain and works on “if, then” principle. Once it is launched it cannot be stopped and is full transparent.
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All the information is on the blockchain and its public. Can be viewed by anyone.
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- What was Web 1.0?
Web 1.0 was the first main stream type of website: showed flat, non-interactive basic type of websites. - What is a smart contract?
Smart contracts seem to be a program based on cryptography in order to guarantee conditions set as reward or lack of it according to the results obtained from people included in the contract:/ - How is transparency achieved with ethereum code?
Transparency is achieve by code being done through cryptography and having it available as open source.
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What was Web 1.0?
Web 1.0 was the first stage of world wide web. Only the creater of a webpage was able to make changes to the webpage. The use of web 1.0 was sharing information, basically an open library where anyone can take the same book at the same time and read it. The pages were very static since you could only add information in the form of text, images and links. -
What is a smart contract?
A smart contract is a programmable contract that self executes and is stored on the blockchain. It is transparent because anyone can look at the code on the blockchain and it is secure because the code can not be altered to create a different outcome once it is created.
This means when you create a smart contract on a blockchain and you program it to do something when something happens it will do that, nothing more, nothing less. Unless programmed ofcourse. -
How is transparency achieved with ethereum code?
Anyone can verify the code because it is on the blockchain.
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Web 1.0 was the first kind of internet and contained only these three things:
a. Text (writing)
b. Images
c. Link (to other sites) -
A smart contract is like a contract (digital) that keeps your money and it never can be taken out only on one condition it can give it out as you put into the contract to the user applied. (There is probably something not right in there but I tried)
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Everyone can see it and no one can change it because the smart contracts protect it.
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Answer#1: Web 1.0 are static web sites with only text, some pictures, and links. There is no Chats, accounts, or social media.
Answer#1: Web 1.0 are static web sites with only text, some pictures, and links. There is no Chats, accounts, or social media.
Answer#3: Transparency is achieved by allowing anyone to see the actual smart contract once its deployed on the Ethereum blockchain.
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Web 1.0 was the first iteration of the internet. We were able to make static websites that only involved text, images and links.
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A smart contract is a small piece of code that runs on the Ethereum blockchain.
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Transparency is achieved by having the smart contracts publicly available on the blockchain. Anyone, at any moment can check what the contract contains and what it is doing.
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Web 1.0 was one of the early versions of the web, the one where static webpages were the most we got from it. Javascript was not present back then so sites were kind of boring.
A smart contract is a piece of software which can be given money(eth or other currency) and it uses that money automatically depending on the way it was programmed. In other word, it’s a way to program money.
It is transparent because the code is free for everybody to see, you can see exactly how money is programmed in a contract so there’s no hidden information. Also, you can’t cheat the system or change your mind so once you deploy some code on ethereum, it’s there to stay.
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1)WEB 1.0 was static , which means that the website gives the same informations to every user, it was a bunch of texts , images , links … and thats pretty much it . it does not interact and adapt with every specific user : no acoounts , chats …
until we introduced java script and launch WEB 2.0 .
2)smart contracts : blockchain 2.0 , is a bunch of small pieces of codes run on ethereum , which can program money and its way to be spent with all transparency without the intervension of a middle man.
3)Since ethereum is public blockchain , every thing is traceable and immutable , hence the transparency. we dont need a third party to trust , instead we can verify the math and codes behind the project.
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Homework on Ethereum Intro - Questions:
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What was Web 1.0?
Internet websites that had only static information.
Text, links and images but no dynamic interaction on Web 1.0. -
What is a smart contract?
Small pieces of code that run on Ethereum blockchain and execute action as programmed by developer or user! -
How is transparency achieved with ethereum code?
Transparency is achieved because the script/code can be checked by anyone.
Intermediary parties are eliminated and anyone can see what transactions have taken place on the network, in each account - all activity is verifiable!
G.
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- What was Web 1.0
Web 1.0 was a static website in which you could only read text and view images. There was no dynamic and programmable sites. - What is a smart contract?
A smart contract is like an escrow account in which money can be held in a trust less fashion. Once the parameters of the smart contract are met, the money is distributed the way it was programmed to. - How is transparency achieved with ethereum code?
The code is viewable on the blockchain and anyone can see if the money is paid out in the smart contract.
Homework on Etherreum Intro
Q1: What was Web 1.0?
A1: Web 1.0 was static websites build with HTML and CSS. It was the website experience before Javascript was introduced.
Q2: What is a smart contract?
A2: Smart contracts add programming abilities to the blockchain using Solidity.
Q3: How is transparency achieved with Ethereum code?
A3: Ethereum is build using the blockchain so transactions and programming are available to be viewed at all times.
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- Internet 1.0 was static websites allowing only basic outputs and no inputs. For example text and image viewing.
- Smart contracts are derived from code written in solidity on the ethereum blockchain which allow for actions to be executed. They operate in a trustless format with the option to hold and determine what is to be done with money.
- Ethereum is open source view a public blockchain. This allows for all transactions to be audited.
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- Web 1.0 was the first version of the internet. It was slow and only text, links and simple graphics works.
- Smart Contracts are writen code on Solidity. that execute a programm to create Programmable money where nobody needs to trust anyone. Dont trust, verify!
- Everyone can see anything because its on the blockchain. therefore all participants has fully transparency.
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