- Web 1.0 - static websites showing only text, links, and images.
- A Smart Contract is small pieces of code that run on the Ethereum blockchain.
- It is achieved with trust in the way smart contracts are written.
- web 1.0 was html static code
- a “smart contract” (SC) is a “little” program stored in the blockchain, forever. A SC that can “own” and “manage” tokens (“money”) send to it, and, what it does “logic executed” to/with the tokens when executing though accessing SC api/procedures/funcions calls with several inputs.
- SC ETH code is stored in the ETH blockchain, so it is visible to anyone using example an ETH blockchain2.0 explorers, at the SC public address code part can be seen, explorer also shows the usual bc1.0 mined blocks and transactions.
1 Like
1 / was static / you can only have text,image and links
2 / smart contract is a small code that is unstoppable ,trackable and can own money
3 /its a permission less system/ you dont need to trust anyone only in math
1 Like
- What was Web 1.0?
- Static internet consisting of text, image and links.
- What is a smart contract?
- it is a small piece of code that runs on the blockchain and is unstoppable.
- How is transparency achieved with ethereum code?
- By storing it on the Ethereum blockchain where it is available for anyone to check.
1 Like
- Web 1.0 is a reference to the beginning of the internet, pre-Java Script web 1.0 only had the capability of text, image and link only.
- Smart contract is a program of $ Money, a financial application only to be executed in the Ethereum Platform.
- Transparency is achieved with ethereum code by not having a middleman , hense beeing a trustless contract. Everyone could see contract.
1 Like
- What was Web 1.0?
Static web technology; no javascript and dynamic pages. - What is a smart contract?
A piece of code that executes on a blockchain and runs whatever instructions is coded into the contract. - How is transparency achieved with ethereum code?
With the fact that smart contracts are irreversible and immutable, and that the blockchain is open.
1 Like
- Web 1.0 is the old version of how internet works. It has Statics, Text, Images, and Links. pretty ruff
- Smart Contract is the true next level of how Bitcoin works. It has the ability of full transparency on the Ethereum network. It is the complete way of having a ownership of your own money and you can do anything with it.
- With Ethereum code, transparency achieves in a whole new level that anyone can see what is happening but without any access into the full ethereum data.
1 Like
- Web 1.0 was the first beginnings of the Internet where it was static and not dynamic like it is today. It was just reading and sharing text and images
. - A smart contract is a small piece of code that runs on the Ethereum network. It can hold money and program the money to be sent or acted on in some way.
3.Transparency is achieved in the Ethereum code by following the same properties as bitocoin, with having no intermediaries, Middle man or anyone to trust. It is trustless which makes everyone know that the transactions can not be altered.
1 Like
- It was a web constructed by static sites - you could only read and share, but not to interact.
- Small piece of code written on solidity language, that is deployed and run onto ethereum blockchain. The smart contracts are trustless, unstoppable and transparent.
- By the PoW. No one can change how a smart contract behaves. It is public and everyone can see who is sending and receiving money.
1 Like
-
web 1.0 is the first version of the web where static webpages were only available with no interaction with the user;
-
Smart contract is a small piece of code attached to the ethereum blockchain;
-
transparency is achieved by making public (visible to all) whatever is going on on the Blockchain. This is a great feature where organisations deal within sectors that need trust
1 Like
- What was Web 1.0?
Static Web: text, links, images, etc.
- What is a smart contract?
An agreement coded and based in the blockchain, which is transparent and unchangeable.
- How is transparency achieved with ethereum code?
It is open source and viewable to all.
1 Like
1 - Web 1.0 was the first version of the internet without the dynamic component where only text, images, and links could be added to a page.
2 - A smart contract is a small piece of code running on the Ethereum blockchain that allows the user to program actions dynamically. This allows to digitize assets and finance in a decentralized trust-less manner.
3 - Anyone can interact with the Ethereum blockchain and verify it.
1 Like
What was Web 1.0?
Web 1,0 was the old school internet, with no chat, no login no videos, just text, images and link to more text and images.
What is a smart contract?
A smart contract is an unbreakable transparent contract on the Ethereum network/blockchain.
How is transparency achieved with ethereum code?
The Ethereum blockchain is a open source everyone can read
1 Like
[quote=“filip, post:1, topic:8441, full:true”]
Homework on Ethereum Intro - Questions. (Questions were updated on Dec 3 2019)
1. What was Web 1.0?
When the internet started back in the early nineties, it was Web 1.0 version which was essentially static web pages with text, colourful images and limited links and no real interaction. Not until Web 2.0 when JavaScript was introduced to improved the internet as we know it. The benefits of the Internet is what is to the email and communications and data world today and Blockchain is to decentralised assets/money, data, contracts(smart) of the future.
2. What is a Smart Contract?
A smart contract is a self executing contract on the Ethereum blockchain, without the need of any third party executors or a notary.
Essentially Smart Contracts are small pieces of codes; Ethereum’s coding language is Solidity and it is used to write Smart Contracts that are the logic that runs Programs/Dapps.
In real world, all a contracts are sets of “Ifs” and “Thens”, meaning a set of conditions and actions to be executed. Ethereum developers write the conditions/instructions for their programmes or Dapps and then the Ethereum network executes it. They are called smart contracts because they execute with all of the aspects of the contract – enforcement, management, performance, and payment.
3. How is transparency achieved with ethereum code?
Transparency is achieved by using a smart contract and no middleman. The idea is to trust the maths and the technology behind the smart contract and ultimately the blockchain consensus mechanism/POW that secures the network.
Therefore once a smart contract is deployed on the Ethereum network, it cannot be edited or corrected or tampered, even by its original author of the smart contract.
It’s immutable and the only way to change a smart contract would be to convince the entire Ethereum network, which is impossible in reality, as The Ethereum Network is essentially A Network of Independant Computers/nodes running decentralised Programs/Dapps.
1 Like
- Web 1.0 was the first Internet where only static website could be developed (you could insert text, image and links).
- A smart contract is a small piece of code that run on blockchains 2.0 like Ethereum. In other words, a smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
- Everyone can see what is happening to the money/assets involved in the transactions made with the Ethereum code.
1 Like
- What was Web 1.0?
Web 1.0 consisted of static websites which had text, images and links.
- What is a smart contract?
A smart contract is a small piece of code running on the Ethereum Blockchain that allows the user to program actions dynamically.
- How is transparency achieved with ethereum code?
Transparency is achieved by following the same principals as Bitcoin. Making the ledger public for all to view and verify.
1 Like
1.Web 1.0
It is the “readable” phrase of the World Wide Web with flat data. In Web 1.0, there is only limited interaction between sites and web users. Web 1.0 is simply an information portal where users passively receive information without being given the opportunity to post reviews, comments, and feedback.
-
A smart contract is software running on a blockchain. 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 controls the execution, and transactions are trackable and irreversible.
-
When the code is deployed you dont have to trust anyone.Transactions are trackable and irreversible
1 Like
- What was Web 1.0? Web 1.0 is the term used to refer to the first stage of development on the World Wide Web that was characterized by simple static websites.
- What is a smart contract? Smart contracts are computer protocols which allow the performance of credible transactions without third parties.
- How is transparency achieved with ethereum?
All the data is transparent and available to be traced by anybody but confidentiality can be achieved by anybody.
1 Like
-
Web 1.0 was very static with text and images only plus links on its pages.
-
A smart contract is basically small pieces of code. They are unstoppable all transactions are viewable. It is programmable money.
-
Transparency is achieved as everyone can see the transactions. Once this is on the Blockchain it cannot be reversed.
1 Like
- Web 1.0 was the first simple version of the internet, it was only text, pictures and links.
- A smart contract is a programable code that executes and agreement once a certain set of digital criteria is met.
- Transparency is archived with ethereum similar to bitcoin. It is a public ledger of code that is public that anyone can validate.
1 Like