- Web 1.0 consisted of static websites that
contained text, and maybe some images
and links.it was basically for sending and
receiving information only. - A smart contract is a small, self-executing
piece of code that runs on the Ethereum
blockchain. It is written in the Solidity
programming language and, once
deployed on the Ethereum network, it is
unstoppable because no one can change
how a smart contract behaves once it has
been deployed. - Transparency is achieved with Ethereum
code because the terms of smart contracts
are open for all to see, self-executing, and
unchangeable. This eliminates the need
for parties to trust one another, or
middlemen.
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- What was Web 1.0?
internet that can’t chat and have social media… super basic web - What is a smart contract?
contracts are executed by evm. nodes will check what’s inside a smart contract - How is transparency achieved with ethereum code?
more security
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1.Basic web without Javascript where everything was more of text and commands before we have websites with functionalities
2. A self-executing code written with a solidity programming language that cannot be reversed once deployed. It runs on blockchain and allows conditional execution, removing the need for escrow and middle man.
3.No middle-man which could add bias or potential corruption to decision making and execution of a command
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1 It included very static and boring web sites where you could only see images, texts and links.
2 It s a code that runs on Ethereum blockchain.
3 Everyone can see what s happening with their money,here is no place to corruption.
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ETH intro- Homework
1- Web 1.0 was the internet when websites were only text and images and not interactive.
2- A SC is a piece of code that is able to manage money automatically when some coditions are met. Once the SC is in the blockchain no one can alter it and the money is blocked until the established conditions are met.
3- Because the SCs are made upon agreed conditions between the parties and once in the blockchain it cannot be changed. The SC transactions can also be verified in the chain by anyone.
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Web1.0 refers to the first stage of Web evolution. It’s characterized by simple static web pages hosted by ISP run Websites. Web pages were built with static HTML and simple styles embedded in the HTML markup with limited user interaction.
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Simply a program deployed on the Ethereum blockchain as a collection of code and data, activated by users. User accounts can interact by submitting transactions to the contact. They are decentralized and not controlled by a third party, open and transparent and enforceable by consensus. Essentially a smart contract is something that is told “if” something happens “then” complete and execute it.
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Creates an environment of trust, as the logic and information of the code is visible to all on the blockchain. Once recorded on the blockchain it cannot be altered and is immune to change.
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1 Static and basic website.
2 A container programable.
3 Everybody can see the purpose of the smart contract
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- What was Web 1.0?
You cant have dynamic on it, you just can read the content (no javascript) - What is a smart contract?
A contract programmed over the blockchain ETH for example in which it may have money but wont be able to take it unless you complete the requested data. its intended to control, execute, make an action as long as someone comply with the agreement - How is transparency achieved with ethereum code?
You can verify in its blockchain as you do with bitcoin, even check the programming of a smart contract that was previously programmed and added to the blockchain.
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What was Web 1.0?
Web 1.0 was the first version of the internet, where everything was plain and simple. All websites were static and the only thing we could do at that time was to share information.
What is a smart contract?
A Smart Contract is programable currency. It will only have output(s) when several inputs have been checked. Otherwise, there is no way to remove our currency from them. And like the transactions on the bitcoin blockchain, this programming, when created, cannot be altered. It would mean to redo the entire blockchain up to this smart contract, and that isn’t viable.
How is transparency achieved with ethereum code?
The same way we can verify the transactions in the bitcoin blockchain, with ethereum is the same. We can verify what are the contents of each smart contract.
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Web 1.0 refers to statics pages on the internet where there are no interactions. There’s only text/pictures.
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A smart contract is a programable contract that no one can modify. The contract is only executed once all conditions are met.
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Ethereum helps removes trust. People can go into the network and verify for themselves.
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- Web 1.0 was the original form of the internet where content is static. Only text, images, and links could be presented and seen.
- a smart contract is a piece of code that can own money. It is a way where you can program an asset to be released upon conditions that are met that are instated in the code.
- Transparency is achieved as business can be performed without having to have trust in the other party. With smart contracts, assets can be exchanged once certain conditions are met and these contracts and executions are public and open to be seen by anyone.
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- What was Web 1.0?
Web 1.0 is internet that was static, showed text, images and links. It reads and shares information
only. - What is a smart contract?
Smart contracts are small pieces of code that run on the ETH blockchain which can own and decide
what to do with money. - How is transparency achieved with ethereum code?
Transparency is achieved because smart contacts cannot be changed, is unstoppable,
trustless and can be verified.
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- Website, text and images, links.
2.Smart contract is how you program what money would do.
3.POW
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Web 1.0 was the era of static websites. It was basically only text, images and links.
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Smart contracts are pieces of code that run on the blockchain. Smart contracts can own and decide what to do with money. Just like in blockchain, no one can go back and change the terms of a smart contract.
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Everyone can see what’s happening with the money and like I mentioned in 2. there is no possibility to change a smart contract once it is in the blockchain.
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- Web 1.0 supported text, photos, and links but was very limited and not adaptable.
- A smart contract is when conditions are written into the blockchain. These conditions must be met in order for the contract to be completed. If the conditions are not met the contract will not be fulfilled.
- Transparency is achieved with ethereum code because the contract is written into the blockchain which can be viewed by everyone on the network.
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- It was a menas of static communication visa texts, images and links.
- Smart contracts are s all pieces of code that run on the ethereum blockchain.
- Anyone can look at the contract (dont trust verify) unless it is encrypted in which case the decryption key will be needed.
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Static websites which were very limited in functions other than being able to read and share information.
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It’s a set of promises in digital form which include a standard operating procedure to be adhered too.
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Euthereum code is transparent, as once the code is deployed it is immutable and every node in the blockchain is able to validate the codes authenticity.
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Web 1.0 was primarily static website. You could share and read information. But that was it. Website could populate with text, images, links.
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A smart contract is code that is on the ETH blockchain.
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Transparency on ETH blockchain is achieved in same way it is on the Bitcoin blockchain.
If anything is changed in the source data, it breaks all links that occurred after.
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- What was Web 1.0?
The original internet - static pages, images and no additional options like social media, chat etc. This was introduced in Web 2.0 with the use of Javascript. - What is a smart contract?
A piece of code that tells money how to react when certain rulesets are achieved. It is added to the blockchain and cannpt be changed so once deployed, certain rules may need to be met for it to execute. - How is transparency achieved with ethereum code?
The source code of a smart contract is open and visible to everyone, meaning anyone can look at how the smart contract runs and what it is intended to do.It can’t be changed once it is put on the blockchain and means the “don’t trust, verify” principle is met.
You don’t have to trust a person or the smart contract; you can verify it yourself.
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What was Web 1.0?
It was the internet before JavaScript was implemented (web 2.0). It was composed of static, boring websites that could only read and share information and contain text, images and links. -
What is a smart contract?
A sc is like a small computer protocol (pieces of code) that lives in the blockchain and is activated when a user initiated it. They’re like programs deployed in the blockchain that specify an agreement. -
How is transparency achieved with ethereum code?
All the data is transparent and available to be traced by anybody. Anyone can inspect the elements behind each transaction. And confidentiality is achieved by encryption.
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