- What was Web 1.0?
Websites that had text, images and links. Nothing more. They where not dynamic. This changed when Javascript came and with that Web 2.0. You can see Smart contracts as the Javascript of blockchain. - What is a smart contract?
A smart contract is programmable money. You can set certain conditions for money to be released. These are programs on the blockchain. - How is transparency achieved with Ethereum code?
Everybody can see the blockchain. It is decentralized, there is no middlemen. You donât need trust you can verify.
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What was Web 1.0?
The first evolutionary stage of the World Wide Web. Websites were static, consisting of texts, images, and links.
What is a smart contract?
Is a program that runs on the Ethereum blockchain and holds the rules that must be met before money can be unlocked and transferred. It is transparent, trust-less, unchangeable, and removes the middleman
How is transparency achieved with Ethereum code?
The data in a smart contract is transparent and can be traced by anyone but the data cannot be changed or altered.
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- What was Web 1.0?
Web 1.0 was the first version of the internet. Website could only have simple texts, images, and links. - What is a smart contract?
A smart contract is a piece of code that will execute once certain specified conditions are met. - How is transparency achieved with ethereum code?
Anyone can observe smart contracts on the Ethereum block chain and verify all previous transactions as well.
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What was Web 1.0?
Web 1.0 was the first iteration of the internet, which was static and essentially limited to text and images. With the introduction of Java Script Web 2.0 was born, which is the internet we know today - interactive, dynamic, and customisable. -
What is a smart contract?
A smart contract is a programme running under an address on the blockchain. Smart contracts can allow us to transact in a trustless manner, as they remove the need of a trusted third party to guarantee execution of a transactions once the predetermined conditions are met. -
How is transparency achieved with ethereum code?
Ethereum smart contracts offer transparency as they are publicly visible on the blockchain and therefore auditable by anyone.
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web 1.0 are websites that can only show pictures, links, and texts. You cannot interact with them.
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A smart contract is a program that has set parameters and when those parameters are met, the contract is fulfilled and the program does what it was coded to do.
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Transparency is achieved through the block chain, where you can see what has been done.
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Static websites that could be used only to share information (text, images, links).
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It is a small piece of code that runs on the Ethereum blockchain controlling the assets that are owned by it. Essentially it is programmable money. It can be viewed by anyone but it cannot be altered or stopped.
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Once deployed on the Ethereum blockchain, it is available for anyone to view and verify.
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What was Web 1.0?
-Web 1.0 was the first version of the internet which consisted of very static websites just showing links, images, text. There were no chats, no accounts, social media, or any of the advanced features you know today that came along after javascript. With Web 1.0 you can only read and share info. -
What is a smart contract?
-Smart contracts are small pieces of code on the ethereum blockchain that create and deploy various financial transactions with different terms and conditions. It is essentially programmable money that can operate without the need for intermediaries and 3rd parties. -
How is transparency achieved with ethereum code?
Ethereum code and smart contracts live on an open source that can be accessible by anyone. They are immuatable and decentralized so no one person or entity control them. This removes the need for us to trust governments, banks, and corporations that we are getting the correct information from them. Instead this information can be viewed and verified openly by anyone who wishes to view it.
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What was Web 1.0?
- Static Websites that use: html, text, images and links.
What is a smart contract?
- Solidity code deployed to the etherium blockchain: it is unstoppable, requires no middleman, is trustless - it creates tx when terms are met - itâs dynamic and itâs transparent.
How is transparency achieved with ethereum code?
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You can read the source code, the terms of the *smart contract, and;
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It has PoW, you can verify it executed the terms of the contract through the blockchain.
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Web 1.0 was a static web platform with read to share information.
A smart contract includes rules and or instructions with transactions appended to the blockchain. When accessed to carry out the instructions, you bypass lawyers, middlemen, and others to reap the benefits of the smart contract because you are trusting in the blockchain technology, rather than people when it comes to carrying out the smart contract.
Ethereum is a public blockchain anyone can view. It helps to know how to read the information too. This transparency in a trustless blockchain structure allows people to transact with anyone, trusting the technology not the person. Donât trust, verify!
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Web 1.0 was the creation of websites that were capable of displaying only text mesages and images.
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A smart contract is a code written in Solidity deployed on the blockchain. That code describes how UTXOs are deployed and sent. The smart contract is accesible and readible by all users on the blockchain. Same as blocks on the Bitcoin blockchain, the Smart Contract canât be changed or removed.
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By making smart contracts accessible to all users and basing them in a trustless system.
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1. What was Web 1.0?
Only text and images could be shown, it was static.
2. What is a smart contract?
Programmable money - decentralized and unstoppable.
The contracts hold money until the programmed rules are fulfilled.
3. How is transparency achieved with ethereum code?
All the data stored in the blockchain is visible for everyone who wants to take a look.
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1: Web 1.0 was a very basic form of just passing information to one another a static website with text, images, and a link.
2: A smart contract is a piece of code that holds money and tells it what to do once a given event occurs.
3: Transparency is achieved much like the POW in bitcoin. Once you change a previous block ID all the other blocks will change as well which would defeat the purpose of doing so.
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Web 1.0 only allows text, links and images, there was very little user interaction.
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Programs that are put into the blockchain which automatically executes actions when an event happens.
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The code of a smart contract is public. You only need to trust the code not a person.
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- What was Web 1.0?
Early web pages were static. Allowed for text, images and some links.
- What is a smart contract?
A piece of code running on the blockchain which transacts when predetermined conditions are met.
- How is transparency achieved with ethereum code?
Proof of work, readability of blockchain by all users etc.
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Web 1.0 was very basic that was coded in HTML, its displays only static texts and images.
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A smart contract is a code running on the blockchain using the code language solidity
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Because smart contracts are on the blockchain, everyone can view it.
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The first version of the internet
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you can program the blockchain to do stuff that canât be reversed.
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Because its on the blockchain, and the blockchain is open for evereyone to read.
What is web 1.0
it is a static website. they were the first website before JavaScript
What is a smart contract?
a smart contract is a small piece of code on the blockchain. it is visible and fair to everyone.
All the data is transparent and available to be traced by anybody but the confidentiality can be achieved by encryption
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Homework: Ethereum intro
Answer all questions and post your answers in the thread linked below.
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What was Web 1.0?- Web that was not programable. Only static websites that only contained text, images and links.
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What is a smart contract? - Is a small pieces of code that runs on the ethereum block chain.
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How is transparency achieved with ethereum code? - With the smart contracts you can see how is sending and receiving money. Everyone can see what is happening what is happening on each transaction.
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- Static websites only using texts, images, and links.
- Small pieces of code through solidity that are unstoppable and irreversible. They are also able to hold money and are transparent.
- All code is public and available.
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1. What was Web 1.0?
Web 1.0 was the first version of the web. It was a âread-only-webâ where one couldnât do much beyond searching for content and reading it.
2. What is a smart contract?
Smart contracts are programs on the blockchain designed to enforce terms of a digital agreement (without the need for 3rd party) between two parties.
3. How is transparency achieved with ethereum code?
Transparency is achieved via the decentralized blockchain on which smart contracts are created. Anyone in the network can see and verify the terms and execution.
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