- Web 1.0 included websites with which you could interact by reading and writing.no chats, animations etc.
- Smart Contract is a contract that makes sure that someone gets money if he does something that was stated in the contract removing trust.
- Transparency is achieved because anyone can view this contract and no one can modify it after its release
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- Static content (i.e. only text and images)
- A program stored and runs on the blockchain.
- The source code is stored in plain text on the blockchain. All transactions are also stored on the blockchain and can be read by anybody.
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- What was Web 1.0?
The first internet - What is a smart contract?
Is a program that runs on the ethereum blockchain - How is transparency achieved with ethereum code?
Security, Trust less environment
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- What was Web 1.0?
Originally the internet was invented in the United States as an internal military communication network called Arpanet (Advanced Research Projects Agency Network). It was designed by DARPA (Defense Advanced Research Projects Agency).
In its version 1.0, the internet allows you to read scripts, texts, use links to other information, and if you had a powerful computer, you could download images with exceptional slowness.
- What is a smart contract?
A smart contract is an executable function call making it possible to provide a command return on a set of pre-defined conditional instructions. The Smart Contracts are irrevocable once executed, that is to say that we cannot return, that it is impossible to reverse their execution.
- How is transparency achieved with ethereum code?
Smart Contracts on ETH allow contract automation. That is to say that the automatic execution is a function of the conditional instructions predefined and programmed in the module of the smart contract, if and only if the predefined conditions within it are exactly and precisely fulfilled by the two contracting parties respectively according to the properties defined in the smart contract and which cannot be modified once smart-contracting. For example, Paul will pay Bob a salary if and only if Paul is actually at his place of work for 30 days. If Paul has actually worked, the automated transfer of his salary will be paid because an automatic code will stipulate in the smart contract that Paul has performed his part of the contract. On the other hand, if paul does not come to work for 30 days, then the transfer will not be carried out.
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- Its the normal internet protocol.
- it is a transparent protocol with unchangable rules. For example for your kit if she/he has good
Grades she/he will get money. - it is achieved because everyone can read the protocol rules. And it is based not on trust. It’s based on verification.
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What was Web 1.0?
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What is a smart contract?
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How is transparency achieved with ethereum code?
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Web 1.0 was internet without Javascript. Just static, text and links without accounts, chats, etc.
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A smart contract is a code that holds money and is programmed to do exactly what they are going to do with that money without being able to be altered/changed.
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Transparency is shown with a blockchain smart contract as there is set rules that cannot be altered, so you know when something is executed the transaction will be executed.
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- It’s a static web. Basically just for reading
- SC is a small piece of code (programs that runs on BC)
- It can be achieved when participants are interact with each other without 3D parties with no trust but transparency of SCs that anyone can verify.
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- What was Web 1.0?
Web 1.0 is the first version of the internet. It was static, only showing information and not being interactive. - What is a smart contract?
A smart contract is a program that follows certain rules to receive and deliver money. - How is transparency achieved with ethereum code?
Transparency is achieved through a blockchain in the ethereum code.
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- Web 1.0 was the internet before javascript, it was limited to pictures, links and text.
- A smart contract sits on the ethereum blockchain, in which certain criteria is programmed, and it decides what happens in a transaction based on the criteria.
- Transparency is achieved through the Ethereum code’s place on the blockchain, as all transactions are published to the blockchain and are accessible. These smart contracts also remove the middleman in transactions and promote a trust less transaction system, in which all parties just trust the unstoppable code of the blockchain.
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What was Web 1.0?
It was the internet without javascript. Just static morning websites. -
What is a smart contract?
Smart contracts are transparent/trustless protocols that run on the Ethereum blockchain. -
How is transparency achieved with ethereum code?
Anyone can read the code and what is going on, on the blockchain.
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- What was Web 1.0? The first iteration of the internet, basic text and pictures
- What is a smart contract? It is programmed code on the block chain which automatically executes when the terms of the contract are met
- How is transparency achieved with ethereum code? All transactions can be viewed through the likes of etherscan
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Web 1.0 was the first wave of internet webpages before java, where you could not script the page, limiting the functionality to only displaying things.
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A smart contract is a small program that executes on its own once the criteria are met.
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Ethereum is open source, so you can view all blockchain transactions and how smart contracts are programmed.
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Web 1.0 is concidered the web before Java Script when websites could only apply Text and Images, nothing else.
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A Smart contract is a code on the blockchain which can hold money. You can program the contract to send the money to whoever, whenever you want. After you programmed it, no one can alter or delete the contract. Whatever had been programmed will play out.
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Smart contracts also are transparent. Such as that everyone can see what will happen. No one can tell you that something will happen and program otherwise. Which makes the whole operation trustless. Because everyone can verify the code on the chain. And no one can alter it.
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What was Web 1.0?
Static websites which could only display text, images and links. -
What is a smart contract?
A small piece of code embedded in the blockchain which will execute the behaviors with which it’s programmed automatically. -
How is transparency achieved with ethereum code?
In the same way that cryptocurrency enhances transparency in finance (decentralization, immutability, trustlessness, anyone can verify), ethereum code extends these benefits to smart contracts.
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- web 1.0 was the earlier form of the web where websites only had limited capabilities and were very archaic.
- Smart contracts are contracts where the user can put conditions via a code and if the conditions are met the funds get transferred to whomsoever it was intended to go to.
- Transparency is achieved as once the smart contract is created everyone can see it and it cannot be reversed.
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Web 1.0 was the very beginning of the internet that comprised of static websites that only had texts, images, and links.
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Smart contracts are small pieces of code that run on the Ethereum blockchain that can execute transactions for assets and money based on programmed parameters.
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Because the code of the smart contract is visible to everyone. You can see who is sending and receiving in a transaction; there is no middle men; it is a trustless operation where you can verify what is happening via technology.
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- web 1.0 was a simple internet page with text, images or links. There was no ineteraction with the user
- A smart contract is a program running on the blockchain (Solidity on Ethereum). That is a contract which was programmed and gets triggered automatically when an event occures.
- Ethereum code is open source… it is transparent and everyone can see it
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Web 1.0 was the 1st version of the internet. Essentially a digital library rather than the internet we know today. It was made up of very simple webpages that just contained text, links and some images. Javascript then enabled the use of scripts on webpages and allowed more complex activities to happen on the internet.
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A smart contract is a piece of code/application that allows a transaction to be initiated once a certain parameter or multiple parameters are met.
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As is the case with blockchain technology, anyone can see what the code is doing and what is happening on the network via a block explorer. The code cannot be altered once deployed, meaning that the smart contract cannot be tampered with to suit one persons situation.
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What was Web 1.0?
Web 1.0 was static internet, no interaction, and no programmable features. Very basic boring internet. -
What is a smart contract?
A smart contract is a small piece of code written in solidity on the ETH blockchain that holds money until an action/service/agreement is fulfilled. Its unstoppable and removes intermediaries. -
How is transparency achieved with ethereum code?
Just like the bitcoin blockchain ethereum is open and can be viewed by anyone, solidity is put on the blockchain.
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What was Web 1.0?
Web 1.0 was what introduced smart contracts -
What is a smart contract?
A smart contract is a program where something happens but only after certain conditions are met. -
How is transparency achieved with ethereum code?
It is not dependent on a single node
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