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Statics websites!
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It is a contract(code) that auto execute itself
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Any smart contract deployed has the code open for anyone to read it.
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- What was Web 1.0?
Static websites that would only display Text, Images, and Links.
- What is a smart contract?
Small pieces of code that can run on the etheruem blockchain network.
- How is transparency achieved with ethereum code?
Its open source anyone can see whats in the smart contract and can be verified.
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- When the internet was first starting out, most of the websites were static with just some text, images, and links.
- A smart contract is a small piece of code written in Solidity, that runs on the blockchain that can hold the money you send it and manage that money as long as you tell it what to do.
- Everyone can see the transactions occur regarding smart contracts.
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Web 1.0 was first type of the internet where one could only see and display information as web 1.0 was static, not dynamic. Websites only displayed text, images and links.
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A smart contract is a small piece of code that runs on the ethereum blockchain. They can manage money or do whatever you program the smart contract to do.
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Transparency is achieved because data cannot be altered once in the blockchain. In addition, once money is placed within a smart contract that money cannot be taken out unless certain actions take place as put inside the code. Also it is open source and anyone can see what is in the smart contract, and it can be verified.
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- What was Web 1.0?
- What is a smart contract?
- How is transparency achieved with ethereum code?
answer:
- The first stage on the world wide web, static websites where only text, images and links were available, so very limited.
- Small pieces of code on the Ethereum network which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement.
3.By being an open source network so everyone can see the transactions or smart contracts and verify.
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Homework on Ethereum Intro
1- Web 1.0 is a static website with some text and images.
2- SC is a program where we develop to do a purpose and once it got deployed cannot be changed.
3- WIll be able to see exactly what is happening with the code, Itâs open anyone can see it.
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1. What was Web 1.0?
Web 1.0 was a static version of the early intranet, it simply had text, image and link and was in essence the bare bones version of the intranet we see now
2. What is a smart contract?
Smart Contract is a programmable piece of code that Ethereum uses on its blockchain. it can be programmed to do whatever the user intends e.i send money to someone at a certain date. It removes the need to trust another individual as the SC is automatically executed on it own. Furthermore it cannot be changed or altered as it is ingrained in the way in which blocks are connected onto the blockchain.
3. How is transparency achieved with Ethereum code?
Transparency is achieved with Ethereum code because it is available for all to see upon the blockchain. The code can be reviewed and verified by any individual. Additionally it cannot be altered and it cannot be stopped from being executed until its contract is fulfilled.
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Web 1.0 was a static version of the internet that we know today. Containing only images, text and links.
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A smart contract is small piece of code (Solidity) that is designed to programme money when certain conditions are met in the contract. This is done without the use of a third party.
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Transparency is achieved when dealing with Ethereum as all transactions are appended onto the blockchain for anyone to see. (open source)
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Web 1.0 is a static environment which primarily presents information. It does not promote interaction, and the emphasis is on consumption of content. In comparison content on Web 2.0 is interactive and dynamic as it is enabled by JavaScript.
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Smart contracts are coded programs that are deployed on the Ethereum network using the programming language, Solidity. A smart contract can be programmed to hold monetary value and process transactions on behalf of two parties without the need for an additional intermediatory body.
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Transparency is a quality found in a community that encourages members to act in a way that is in keeping with the values that the community holds sacred or important. The entire community of members can access and assess the information regarding a transaction and form a opinion regarding the character of other members. It behooves members to act honestly as dishonesty establishes a bad reputation within a community that values honesty.
Ethereum code achieves transparency by storing transaction data on an immutable, peer-to-peer, decentralised blockchain.
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1 Web 1.0 was just websites with static data
2 A smart contract is a method to program money automatically
3 all transactions show
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Web 1.0 was a static website consisting of text, images and links.
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A smart contract is small pieces of code that run on the ethereum blockchain that can hold money- Programmable assests.
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Transparency is achieved by using smart contracts because of the source code in the smart contract is visible to everyone. âDonât trust, Verify!â
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What was Web 1.0?
It was the 1st internet protocol that deployed 1st generation âflatâ websites, before Javascript came with web2 and changed completely the rules of the game. -
What is a smart contract?
A smart contract is a small piece of solidity code in the blockchain, that can be programmed with specific rules. It can hold money and spend them according to the programmed rules, without the presence of middle-men. It can have many applications in finance, governments etc. -
How is transparency achieved with ethereum code?
Because with smart contracts everyone can see what happens in the transactions. Also nobody can go and change the way a smart contract behaves.
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- What was Web 1.0?
- original public version of the web. Limited to text, pictures and links
- What is a smart contract?
- programmed code on the Eth blockchain where if certain conditions are fulfilled the contrqct will execute
- How is transparency achieved with ethereum code?
- it is an open, transparent blockchain where the contracts can be witnessed by all
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- A simple platform that allowed sharing of text, images and links that was otherwise not interactive or dynamic.
- A coded, programmable contract on the blockchain.
- Anyone can view txns on the blockchain. It allows for a trustless system.
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What was Web 1.0? - The original Static version of the internetâŚvery basic, brochure-style websites.
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What is a smart contract? Small programs that run on the Ethereum blockchain. They have the ability to control money and transactions. They cannot be altered or stopped once they are deployed.
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How is transparency achieved with ethereum code? Anyone can view the code on the Ethereum blockchain which prevents corruption.
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**1.**The first iteration of the web represents the web 1.0, you can only read and share information
-Static very boring websites, you cannot have chat, no different accounts
-Image, no social-media
-Text
-Links
2. A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and transactions are trackable and irreversible.
Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism.
**3.**Any smart contract deployed has the code open for anyone to read it.
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- What was Web 1.0?
Static website showing text, images and links. We can only read and share information.
Ethereum is 2.0 technology - dynamic and programmable - chat, accounts etc based on Java script
- What is a smart contract?
Small pieces of code that run on the etherium blockchain. We can program Smart contracts with Solidity. We can program money without trust to third parties.
- How is transparency achieved with ethereum code?
Everyone can see transaction and what happen with the money. Transparent application,
There is no way to change data in the blockchains, behaviour of financial applications.
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What was Web 1.0?
Web 1.0 is the first implementation of the web page, where only text and images were available. -
What is a smart contract?
This is a programme built on top of the blockchain that executes an action when certain defined criteria are met. -
How is transparency achieved with ethereum code?
As this is blockchain technology the ledger is a public and available for all to see.
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- Web 1.0 was the first iteration of the WWW, it as static in nature and only allowed for text and basic images.
- A Smart Contract, is similar to a normal contract in that it is a written document between two parties. Where by if one party does something then the next party will receive an out come. (IFTT) What makes it smart is that it is written in the Eth language of Solidity and placed on the blockchain. Once it is there it canât be modified.
- With a distributed ledger there are multiple copies of the same block published for all to see. You can go onto Etherscan and see the open source code of the contract. That way you donât have to trust a human, you just have to trust the computer.
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- What was Web 1.0?
The first version of the Internet which was limited to static websites - What is a smart contract?
It is a piece of code that runs of Ethereum blockchain (programmable money). - How is transparency achieved with ethereum code?
All contracts are visible on the public blockchain
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