-
Web 1.0 was the first version of the internet or web, websites were static en only had text or images. There was no way to program a website.
-
A smart contract is a virtual contract written in code and put on the blockchain. It can hold money and it can be programmed to do something with that money when certain terms are met.
-
The blockchain is transparent, everyone can go check the smart contracts on the chain, so you don’t have to trust, you have to verify.
1 Like
- Web 1.0 was the first stage of internet development containing static pages.
- A smart contract is a small piece of code that sits on the ETH blockchain.
- Everyone can view every transaction on the ETH network.
1 Like
- What was Web 1.0?
- What is a smart contract?
- How is transparency achieved with ethereum code?
- Web 1.0 were static websites which consisted just of texts, links and pictures.
- A smart contract are small pieces of code that run on a block chain network which can be programmed conditionally.
- By Deploying smart contracts within the block chain there by making it visible to everyone and no one can re-program or reverse smart contracts.
once it is executed it cannot be reversed
1 Like
- web 1.0 was the original internet: static text, images, and links.
- smart contracts are small pieces of code that run on the ethereum platform.
- by having open source anyone can see the transactions.
1 Like
-
Web 1.0 was static web sites which could only display text, images and links.
-
A smart contract is code that runs automatically on the blockchain.
-
Transparency is achieved by having all data available to be traced publicly on the blockchain
1 Like
-
It was very generic, or basic. You could read text, but could not chat or interact.
-
A smart contract is Trustless. It is a simple code of “IF” this happens “THEN” this will occur.
-
It is achieved by being trustless, not having to trust someone, but trusting the contract that is written. Both parties can read the contract and agree to the terms. The contract can not be modified, and if it is, the other party is notified of that modification.
1 Like
Web 1.0 is very basic i.e text image links.
Smart contracts are contracts that are written with terms and conditions. When the terms are met then the currency will be released.
Transparency is achieved with Eth code letting everyone see the contract. It’s a trustless system.
1 Like
- Internet when the websites were static
- Small pieces of code that run in the blockchain which could have its own money. Otherwise it could be known as “Programmable Money”
- Since it resides in the blockchain, the code is open and anybody can verify what the smart contract is supposed to do. Furthermore, it allows for peer-to-peer transactions(Transactions without a middleman)
1 Like
- What was Web 1.0?
Web 1.0 refers to the earliest stage of the world wide web. It mostly consisted of static pages that ran on ISP-hosted web servers or free web hosting services.
- What is a smart contract?
A smart contract is a small piece of code that runs on the Ethereum blockchain that executes certain functions when certain pre-conditions are met.
- How is transparency achieved with Ethereum code?
Transparency is achieved in Ethereum as information is stored on the blockchain which is a public ledger. Confidential information is encrypted and can be accessed only by authorized individuals.
1 Like
- the beginning of the internet: static and read only abiity (text, image and links)
- A smart contract is a dynamic programable asset. in removes the middlemen, banks and mosty adds trust - because of all actions being transparent - once created its in the blockchain and undestroyable.
- just like with btc the tx’s are all transpartent created witsh Solidity.
1 Like
-
What was Web 1.0?
The old static web. Static images/pictures, text and links. Websites were very simple and basically consisted of the above data. -
What is a smart contract?
A Smart Contract is a piece of software on the Blockchain in “ledger form” that has had a series of specific instructions coded into it. These instructions essentially allow for and pre determined agreement to be initiated and completed without third party involvement or trust. This is possible because Once it has been initiated on the blockchain, it cannot be rescinded. -
How is transparency achieved with ethereum code?
Because A) the Source Code of these smart contracts is transparent to everyone and B) it is mathematically verified through a series of EVM nodes around the globe.
1 Like
-
What was Web 1.0?
A static website that only allow basic functions like uploading text, pictures, links, etc. -
What is a smart contract?
A small piece of code that runs on a blockchain -
How is transparency achieved with ethereum code?
Everything is verified on the bockchain, can’t be altered or deleted, and codes are accessible to everyone.
1 Like
- What was Web 1.0?
The first internet static websit that only allow basic function like uploading text, pictures and links. You can only read and pass the information to others. You can’t chat to communicate with others.
- What is a smart contract?
A smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement. It’s prevent the use of a middleman or third party.
- How is transparency achieved with ethereum code?
All the data is transparent and available to be traced by anybody but the confidentiality can be achieved by encryption. In other words, the confidential information is saved on the blockchain in an encrypted format, and the keys of decryption can be shared only with authorized individuals.
1 Like
-
What was Web 1.0?
Web 1.0 was simple static pages with links and little else, no dynamic content. -
What is a smart contract?
A smart contract is a program that runs on the blockchain. On Ethereum smart contracts are Ethereum accounts giving them complete control over funds they hold. -
How is transparency achieved with ethereum code?
The full code and account of an Ethereum smart contract is publicly visible on so anyone can review the code and activity of the contract.
1 Like
- Web 1.0 was static text and image based websites, that you couldn’t interact with
- A smart contract is a programmable, unstoppable piece of code, that once written will act independently.
3 Transparency is achieved by verifying blocks and cannot be altered, but can be traced and monitored.
1 Like
- Web 1.0 was Static websites, Text, Images and did not offer any interaction.
- A smart contract is a digital, programmed action that is unstoppable.
- Transparency is achieved with Ethereum code because contracts on the blockchain are public, immutable and unstoppable.
1 Like
- What was Web 1.0?
Web1.0 was the first version of the internet. Websites wee not as interactive and versatile as they are now. They were more static and limited to mostly text, pictures and links. Web 1.0 is usually compared to blockchain before smart contracts. -
- What is a smart contract?
Smart contracts are executable code on the blockchain. Usually written in solidity, these contracts are irreversible once deployed due to their integration to the blockchain. Smart contracts is the definitive element of Ethereum which compares it to Web 2.0.
- What is a smart contract?
-
- How is transparency achieved with ethereum code?
Due to its integration with the blockchain for verification, Ethereum’s code can always be verified. With this element, Ethereum’s code (Smart Contracts) achieved a distinct level of transparency, unique to blockchain technology.
- How is transparency achieved with ethereum code?
1 Like
- It was when websites were static and were just used for reading not for interaction.
- They are pieces of code and programming that control money as opposed to a single individual or a company controlling money. They are dynamic and adaptable much like when compared to the use cases of web 2.0.
- You needn’t trust any individual but rather you can trust the math and code. Anyone can read the code but it can’t be changed or tampered with.
1 Like
-
What was Web 1.0? initial internet that was static and could only display links, text, and images
-
What is a smart contract? An immutable transaction constructed on the ethereum or other relevant chain that the contract is constructed on.
-
How is transparency achieved with ethereum code? Through blockchain ethereum uses a decentralized distribution.
1 Like
Web 1.0 was very basic and static. Uses were simply Text, Image and links to share information.
A smart contract is code that removes trust and relies on maths and physics that is deployed onto the blockchain. It has the technology to own and decide what to do with money. It is unstoppable and transparent.
Transparency is achieved with ethereum code by using the blockchain.
1 Like