- Static (text, images, links)
- When something happens after specific action
- Removes middle man b2b b2c c2c c2b
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1)the application on Web 1.0 where limited : static, text, images
2) its a 100% decentralized contract with transparency , and it is unstoppable. It is used to hold money
3) beaus you cannot stop or change a smart contract. You can trust on the technology, and not other people.
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Web 1.0 was the beginning of the internet, where websites were static. They only utilized text, images and links. 1.0 is before javascript was added.
Smart Contracts are small pieces of code on the ethereum blockchain, that are unstoppable transactions that are transparent.
Smart contracts are unstoppable, once it is programmed, it will fulfill its duty. No need to trust anyone because the code will carry out as programmed no matter what and cannot be changed by anyone. Everyone has the ability to see what each smart contract does as well.
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- Only text and images, static website.
- A piece of code on etherium Blockchain which follow some rules.
- the code on etherium Blockchain (the rules Smart Contract ) can by read by anyone.
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1 WEB 1.0 consisted of static websites with text image and links but little more.
2. A smart contract is made of code detailing instructions to be executed on the ethereum network, a digital money contract.
3 Transparency is achieved by making smart contracts code open for viewing by everyone and tamper resistant.
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- Very static web
- Programable asset/money. We can put code in the blockchain to perform specific task.
- Just like the bitcoin, it is impossible to change/edit the blockchain.
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Static websites and very limited ways for a user to interact with the website.
Programmable asset. It’s a piece of code that’s run on the blockchain to execute tasks
Smart contracts code is available for everyone to see and verify it, and no one will be able to modify it
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static websites with only text, links and images
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a program that runs on the blockchain and can set certain rules to the transaction
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the smart contracts run on the blockchain, so they cannot be changed and all transactions are available to anyone
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Web 1.0 is the first appereance of the internet which is defined as a static website. That means you can only present content like text, image and links to the user/ visitor of your website. In Short: its one way communication with the internet user and you can’t interact. With the introduction of Java Script it was possible to create dynamic websites where you can interact with the user like chats.
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A smart contract is a small peace of software that runs on the Ethereum blockchain. it is characterized by a high transparency, trustless and censorship resistant. In a SC you can define conditions (like when/ if functions) how the money should act when several conditions are met.
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Transparency is archived by its open source smart contracts that are stored or are running on a the public blockchain 2.0 (Ethereum-Blockchain). Everone is able to check the code and the the the defined conditions and transaction that taking place in the SC.
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1. What was Web 1.0?
a. Primarily static websites with little or no interaction between the client and the server, other than reading data
2. What is a smart contract?
a. A smart contract is a small piece of code, running on the Ethereum blockchain
3. How is transparency achieved with ethereum code?
a. Since it runs on the (public) Ethereum blockchain, everyone is able to see how the smart contract operates
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- What was Web 1.0?
First web without programmable sites (limited interaction possible) - What is a smart contract?
It is a programmable money contract running on the blockchain - How is transparency achieved with ethereum code?
Everything is stored in the blockchain and can’t be changed afterwards. No need to trust anybody it is managed by the blockchain and fully transparent.
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What was Web 1.0?
Web 1.0 was before introduction of Java Script with static websites consisting mainly of text and images. There were no chats, no possibilities to create user accounts etc. -
What is a smart contract?
A smart contract is a small piece of code that runs on the Ethereum blockchain. It is completely unstoppable and transparent. -
How is transparency achieved with ethereum code?
All of us have access to the code, anyone that knows how can read it. Ethereum is a public blockchain.
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- What was Web 1.0?
It is a static program that was the first internet program but could only share info. like texts, images, and links. Very limited - What is a smart contract?
It is small pieces of code using the SOLIDITY programmable language written in the Javascript coding language. It is Transparent, so everybody can see. Smart contracts can be written so you can hold and decide what to do with for an example $, then written in the contract code you can activate an output for that $ or other actions without a middleman. On the Ethereum blockchain. - How is transparency achieved with Ethereum code?
Being that SOLIDITY can’t be stopped or shut down, By coding an input and output that everybody can see and cannot be changed or removed once deployed. Trustlessness is achieved by eliminating middleman or third party input.
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What was Web 1.0?
static page where there can be only text, images and links. chat accounts and othere improvements came with web 2.0 -
What is a smart contract?
is a program which runs on the blockchain which allow to program money or more in general any kind of tx (money, info, etc) -
How is transparency achieved with ethereum code?
program is open so anybody can see how a smart contract works, so which are the rules. Besides a smart contract is running on ethereum blockchain so any tx is stored in the chain, is not possible to change it and it is possible to verify it anytime
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What was Web 1.0?
Web 1.0 was what we describe as the early days of internet. Web content was static, with simple text, images, and links. Not very Dynamic as compared with web 2.0. -
What is a smart contract?
A small piece of code that runs on the ethereum network. It allows for conditions to be met before transactions occur. -
How is transparency achieved with ethereum code?
Transactions are viewable to all.
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was the first kind on internet that was not interactive and maybe had some pictures but mostly text.
is a small programmable asset that is unstoppable and can be programmed to be used in many different ways.
once the smart contract has been programmed it is impossible to make any modifications to it. As all parties will have access to it all tx’s will be seen by everyone. Lastly the smart contract is given a rule set and will only follow what it is programmed to do, meaning less trust is needed.
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What was Web 1.0?
This included the very first web sites which were super basic. They had text, images and could feature link. But they were static and not dynamic or programmable. -
What is a smart contract?
A smart contract is code that (in this case) runs on the Etherium network and allows enables a function whereby a transaction is completed only once a given set of criteria is fulfilled. Smart contracts are irreversable once implemented. -
How is transparency achieved with ethereum code?
The code is open and viewable to all so anyone can see what the money should be doing and when. This removes the need for potential corrupt intermediaries.
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What was Web 1.0?
Static websites with text, images and links. No dynamics like: chats and accounts. -
What is a smart contract?
Smart contracts are pieces of code on the blockchain. They release under certain conditions transactions. They are unstoppable and transparency transactions. -
How is transparency achieved with ethereum code?
Smart contracts are unstoppable actions. They are visible on the blockchain and can not be change by anyone.
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1. What was Web 1.0?
Web 1.0 is the basic layer of the internet with only static text and images.
2. What is a smart contract?
A smart contract, which was introduced by Ethereum, is a programmable contract which is transparent on the blockchain. It is trustless and requires no middlemen.
3. How is transparency achieved with ethereum code?
Transparency is achieved by publishing everything on the Ethereum blockchain for the public to see. Both parties of the contract have access to the same information at the same time with no middlemen.
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- What was Web 1.0?
Web 1.0 was the first version of the internet which consisted static websites with simple text, images and links. The current internet has more complex websites with more script running on them that allows them to contain videos and other content. - What is a smart contract?
It is a software programmed to run on a blockchain, which is coded to perform a specific purpose. Once it’s set, it can be trusted to perform the task at the specified time without any intervention from a third party. - How is transparency achieved with ethereum code?
Transparency is achieved because the smart contracts are visible and verifiable by anyone. This means that two parties doing a transaction do not have to rely on trusting each other, they can both verify the transaction on the smart contract, which serves as proof.
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