- Web 1.0 was an early version of the internet characterized by a highly static nature: only things like basic images, text, and links were available. It predated dynamic attributes like video and chat.
- Smart contracts are small pieces of code that run on the blockchain which are completely unstoppable, completely visible thereby creating a trustless system of transactional accounting.
- Transparency is achieved in that all transactions are completely visible, individuals can choose what they want to be done and how and the blockchain will store currency and instructions which are visible to everyone. Since there is no middleman, just the individuals involved in the transaction(s), anyone/everyone can witness and see what is going on. Ultimately, transparency means that when you donât have to trust anyone and can simply verify (where transparency applies), the transactions can not be corrupted or altered.
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Answer all questions and post your answers in the thread linked below.
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What was Web 1.0? Static website, that only showed text, image and link.
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What is a smart contract? It is small pieces of code that run on Ethereum. With transparency and transactions
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How is transparency achieved with ethereum code? We trust the way the contracts are written. Smart contract controlls the money. Everbody can read the code.
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- What was Web 1.0?
- Static websites consisting of text, image, links.
- What is a smart contract?
- Small pieces of code that run on Ethereum blockchain.
- It is unstoppable and completely visible.
- It allows for programmable money without the need for intermediaries or centralised organisation.
- How is transparency achieved with ethereum code?
- The data is visible on the blockchain for anyone to see and trace.
- Nobody can alter the smart contract once deployed.
- Trustless system, no middleman involved.
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- Web 1.0 is a static web where you could only read and share information.
- Small pieces of code that run on the etherium blockchain using the Solidity programming language.
- Open source software everyone can read the code.
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- read only website, text,imagws,links
2.piece of code running on blockchain
3.we trust math to do our bidding based on input code.
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- Web 1.0 was a stable first release of the internet. It had only output for the user and no input for the user. There was no text, or chat room pages, it was only point and click.
- A smart contract is a contract that cannot be changed because it is based on the blockchain network. It cannot be changed because it is transparent where everyone can see what was implimented on contract and you cannot go back and change it once it is written to the Ethereum blockchain.
3.The Ethereum code is transparent because it is just as before; when it is made it doesnât correct itself or doubt itself. It is not a self correcting program. There is no manipulation at a later date beacuse those changes would have to be made when the contract is first implimented on the blockchain.
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Web 1.0 was the original rollout of the internet. It only contained text and images, but was a static entity which allowed no real level of interaction. With the introduction of Web 2.0 (and the ability to run JavaScript programs within the browser), a web site was able to become dynamic and programmable.
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Smart contracts are small pieces of code (written in Solidity programming language) that run on the Ethereum network and bring dynamic and programmable technology to the blockchain. It is, essentially, blockchain 2.0. Smart contracts can hold money and set conditions wherein, once a given set of conditions are met, it will automatically distribute that money automatically without the need for an intermediate to complete the process. It is programmable money.
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Transparency is achieved by decentralisation and means that all transactions can be viewed by anyone. It is unstoppable and uncensorable and once a transaction has been added to the blockchain it cannot be modified in any way. The combination of transparency and smart contracts promote honesty.
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- What was Web 1.0?
- âstaticâ internet with text, images & links
- internet before JavaScript
- What is a smart contract?
- âprogrammable moneyâ without any third party
- How is transparency achieved with ethereum code?
- it is possible to view holdings and transactions of public addresses using a block explorer which is used to search the blocks of a blockchain, their contents, and their relevant details - blockchain data is publicly available.
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- web 1.0 used to be the internet when it was relatively new. There were only static websites displaying texts, links and images but no dynamic content or interactions with websites were possible.
- a smart contract is a small piece of code running on the (ethereum) blockchain.
- it is achieved since everyone can read smart contracts that are deployed to the ethereum blockchain.
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Web 1.0 is only had static content with fixed elements like images or texts.
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A smart contract determines, what is done with transactions and also and can also activate transaction if predefined conditions are met.
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transperency is achieved with the immutability of blockchain. No middleman is required. âCode is lawâ and the code is public for everyone. From this perspective blockchain looks like a perfect tool for fight against any form of corruption.
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- What was Web 1.0?
- The genesis of the web development path. In Web 1.0 there were only texts, hyperlinks and images available for users to access and interact with. It was a static approach.
- What is a smart contract?
- It is a piece of software that is embedded into certain blockchains that can be programmed to do transactions on their own on the specific set of rules that were added by the user. Once a smart contract with a specific task is added into the blockchain, the task of that piece of software remains pending until the requirement of the task completion is met.
- How is transparency achieved with ethereum code?
- All transactions are available to be viewed by anyone and nobody can alter them (immutability).
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- What was Web 1.0?
Web 1.0 consisted of static content such as text, image, and links.
2.What is a smart contract?
Smart contracts are essentially a piece of code that runs on the Ethereum network. It brings a programmable aspect to money on the blockchain which makes it essentially blockchain 2.0
- How is transparency achieved with ethereum code?
The smart contract transparency achieved is achieved by making all data on a smart contract publicly visible to anyone on the blockchain at the same time making that same visible data immutable.
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1 The websites are static can handle maybe images and text for sure. Only sharing info, but no really interact.
2 solidity coding which can decide (programmable) what to do with financials (money) and it is recorded on the blockchain.
3 Everything is recorded in blockshain and it can be seen and read the actual smart contract.
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What was Web 1.0?
Web 1.0 was the first generation of the web. Websites were static and only able to display information. viewers were unable to interact with sites or with other users -
What is a smart contract?
A smart contract is when the terms of an agreement between 2 parties are coded. The code and the agreements contained therein exist on a blockchain. The code controls the execution, and transactions are trackable and irreversible. -
How is transparency achieved with ethereum code?
The blockchain is accessible for anyone to see. all transactions and codes on the blockchain are public.
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- Web 1.0 was when we only had static websites, with texts, imgaes and links.
- A smart contractt is a piece of code (solidity) on the ethereum blockchain. This piece of code can handle money according to the code (instructions) you have givent he smart contract. For example you have programmed the contract to give money to your children when they get good grades in school. Then you send money to the contract and the money will only be moved if they get good grades at school. They are unstoppable.
- Transparency is acheived with ehtereum code because everyone can see the transactions happening through the smart contracts on the blockchain.
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- Web 1.0 were websites built with static texts, images, and links.
2)Smart contracts are small codes written in solidity programming that run on the etherium blockchains EVM (Etherium Virtual Machine). Each written program in the blocks are unique in their tasks and initiated when a given goal is met.
3)It is transparent on the blockchain and the secured with immutable smart contract codesâŚ
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Based on static pages: text, images and links only (without interaction like chats). In other words, before JavaScript adoption.
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A contract based on blockchain technology and deployed in the Etherium network
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Following the principles of blockchain, the confirmed contracts cannot be altered.
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Web 1.0 is the internet in its simplest form. Its static and and not very interactive. At most you could use links to other websites but thatâs it.
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Smart contracts are small codes everybody can programm for example on the Ethereum blockchain. Ethereum was the first Blockchain to use them.You can basically say Ethereum invented Blockchain 2.0.
You can programm contracts the same way tx are programmed. A testament could be programmed as a small contract for example. You can programm a contact like: if x happens do y.
They cant be change afterwards just like you cant change tx on the blockchain because it would have the exact same results; make your version of the blockchain invalid. -
The same way it is achieved with btc. Its decentralized and everybody could check the date on the blockchain. Again you donât have to trust middleman you can just verify.
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- internet with only data & no adaptability between browsers
- executable blockchain program
- everything is visible & verifiable to all on the blockchain
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- What was Web 1.0?
- Static Internet(simplest form) that was mainly about Txt, images, links.
- What is a smart contract?
- A contract based on Code, created with Solidity. Itâs fully deployable on the Ethereum network. Itâs unstoppable(unless programmed otherwise), transparent and itâs trustless since it removes the middleman.
- How is transparency achieved with ethereum code?
- Everyone can see the transactions since the blockchain is fully accessible to anyone at all times. No one can alter it once deployed,
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