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Web 1.0 was a very basic website’s, referred to as static, only having text, images, and links.
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A smart contract is a small piece of code, that cannot change, and it allows us to hold and program money.
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Transparency is achieved through etherum code by creating transparency. The smart contracts can not be changed in the blockchain or else the links will break, therefore, creating a trustless system because we no longer have to worry about other people changing their minds.
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What was Web 1.0?
Web 1.0 was static and non programmable. -
What is a smart contract?
Smart Contracts determine how money is dispensed base on coded rules and logic -
How is transparency achieved with ethereum code?
Transparency is achieved through the blockchain
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- Internet with very basic possibilities - text/image/links.
- It’s a code which programm in a smart way, trustless execution of the contract under specified condition.
- You can enter the smart contract and verify the details - it’s transparent and traceable.
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What was Web 1.0?
it is the read only web and does not have any of the style, use, or programming languages of the modern web -
What is a smart contract?
programable money so you can use it to do something under some specific conditions which are previously specified and therefore removes the trust requirement of contracts or agreements -
How is transparency achieved with ethereum code?
because it is on a public blockchain that can be read and reviewed by anyone it is apparent who does and did what.
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- Web 1.0 consisted of boring static websites with no chat options.
- Smart contract is software that is deployed on the blockchain that cannot be changed and contains information that has if then statements.
- Transparency is achieved by creating information in the code that is visible to everyone.
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- Original form of internet, consisted on websites that could only have text, images, and links.
- Programmable blockchain.
- Permissionless system
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- What was Web 1.0?
Web 1.0 was static websites. Really boring ones. You could only read and share data.
- What is a smart contract?
Smart contracts are small pieces of code that run on the ETH blockchain. It is basically programmable money.
- How is transparency achieved with Ethereum code?
Smart contracts are written with code and then deployed on the blockchain. Once this SC is deployed it cannot be changed in any way. This makes it trust less. You rely on the code and math not on someone else’s trust.
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- The first version of the internet that provided exclusively static websites, texts, image,links.
No social media, no website with accounts, no chats
- A piece of ode that can hold money & release it when a certain pre-programmed condition is met
All the smart contracts are stored on the ethereum blockchain which accessible to everybody and immutable.
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Web 1.0 used HTML to construct static web pages that were limited in functionality and were not dynamic so could not be used in smart ways. Ethereum is to Bitcoin is like JavaScript on Web 2.0 is to HTML on Web 1.0.
A Smart Contract is a programme code that executes according to pre-defined conditions or criteria and can be used to effect a transaction such as transferring money.
Transparency is achieved with public access and immutable code that cannot be changed thereby making the contract trust-free and open to scrutiny.
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- What was Web 1.0?
A: web 1.0 was static websites, where the only thing on the websites was text, images, and links. and you could not really interact with the websites - What is a smart contract?
A: a smart contract is a piece of code that runs on the blockchain, it can hold money and determine what to do with the money based on the paramaters of the contract. - How is transparency achieved with ethereum code?
A: the ethereum blockchain is open source. so anyone can verify any smart contract or transaction.
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Web 1.0 was a very primitive version of today’s internet (Web 2.0)
It was very static in the sense that only text and images were able to be programmed and accessed. -
A smart contract is a small piece of code within the Ethereum blockchain that is programmable to own and disperse “money”
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Transparency is achieved by programming code into a blockchain where the rules and regulations are set and unable to be altered.
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What was Web 1.0?
Static websites that you couldnt interact with other than reading the information. -
What is a smart contract?
Software that runs on the blockchain with clear/defined parameters. -
How is transparency achieved with ethereum code?
The code of the smart contract is publicly available and visible to everyone.
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What was Web 1.0?
It was a static version of the web could not use smart contract. -
What is a smart contract?
Is a small piece of code that runs on the block chain network. Which is completely unstoppable and transparent. -
How is transparency achieved with ethereum code?
It is transparent because everyone may see it on the block chain. Once you create your smart contract and deploy it onto the block chain, no one may interfere, cancel or change it.
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Homework on Ethereum Intro
What was Web 1.0?
Static version of the internet where websites were only able to show text, images & links.
What is a smart contract?
Small piece of code written in Solidity > runs on the ethereum blockchain & is programmable to own & send ‘money’. It is unstoppable.
How is transparency achieved with ethereum code?
The smart contracts are written and deployed on the blockchain - once deployed it can not be altered. There is total transparency.
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Web 1.0 were basically static websites , only showing texts, images & links
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Small pieces of code that run on the ethereal blockchain. its truly programmable money including the need for third party intermediaries.
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transparency is achieved because it uses solidity. through the transactions you can see who is sending and receiving money.
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- The original internet with static pages - primarily HTML based and no unique scripting
- A contract that is based on math and the block-chain in to create programmed distributions of assets.
- You can look at the transaction and it cannot be changed without prior instructions.
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Web 1.0 is the internet when it was static. Could only have text & images. Was not dynamic until Web 2.0 & JavaScript
A smart contract are small pieces of code on the blockchain that own & do something with money based on the code logic. It is unstoppable & transparent.
Anyone can read what the contract/the code will do and it can’t be changed.
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Early version of the internet before javascript where there were sites that were mostly text, pictures, and links.
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It is an automated programable contract that executes transactions when certain conditions are met.
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Contracts are immutable, verifiable, and ran in a decentralized as code is perpetuated by many nodes in the network. The system is altogether trustees because the code can be verified throughout the system to be executed as designed, eliminating the need for 3rd party oversight that can possible compromise or change the transactional data.
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- Static web pages that contatined only links, images and text
- A smart contract is a piece of code, that can hold and distribute money. It is pre-programmed agreement, that can send money to different entities, based on which condiditons were met.
- Anyone can read the contents of the smart contract.
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Answers to Ethereum Intro questions.
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What was Web 1.0?
Static Websites that could only show f.ex., texts, images and links.
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What is a smart contract?
It is unstoppable, small piece of code that can own and decide what to do with money.
It runs on Ethereum Blockchain.
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How is transparency achieved with ethereum code?
It is possible for everyone to see what is happening with the Smart Contracts in terms of TXs, who is sending and receiving money.
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