- Basic web without Java script.
- A programmable, unstoppable, unchangeable contract made on the blockchain.
- Transactions are saved on the blockchain and thus visible by anyone.
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What was Web 1.0?
Static brochure ware -
What is a smart contract?
programmable, immutable and unstoppable instructions for money or other idea. Ir is created on top of the Ethereum blockchain using Solidity as a language. -
How is transparency achieved with ethereum code?
1 using the públic ethereum blockchain
2 Solidity program for each smart contract can be read by anyone
3 no middle men to obsuficate the information
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- What was Web 1.0?
Very basic internet containing text, images and links. It was very boring. - What is a smart contract?
It is a programmable contract that runs on the blockchain that regulates and controls actions based on the contents of the contract - How is transparency achieved with ethereum code?
Since it is a trustless system and the contents of the smart contract can be checked.
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What was Web 1.0?
From my understanding web 1.0 was the 1st iteration of the internet. it was static, text based mostly, not alot of images and linking going on.
What is a smart contract?
From my current understanding a smart contract is small pieces of code that runs on the eth network using the programming language solidity. smart contracts makes money programmable which helps eliminate middlemen like escrow services. Contracts can own and decide what it does with money.
How is transparency achieved with ethereum code?
From my current understanding, transparency is achieved by making everything open and visible since its all on the eth blockchain. we can all take a look at the contracts that are entered into the blockchain. Also removing middlemen so no need to trust anyone, we put our trust into the math and protocols. trustless ans verifible.
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Web 1.0 basic text and images
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A smart contract is a piece of code that programs the movement of money with specific conditions.
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A decentralized, open-source, neutral platform that must reach consensus in order to validate transactions.
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- What was Web 1.0?
It was a very basic version of the internet where you only have static webistes that just display information, but does not have real interaction with users.
- What is a smart contract?
Is a peace of code running on the ethereum network that is able to handle programable money. I is unstopable and transparent.
- How is transparency achieved with ethereum code?
In a smart contract you can review all the transactions made by it. So you know what the contract is doing.
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- Web 1.0 is an old version of the internet, static, few images/only text
- Smart contract is code that programs where and how money is moved around, is transparent
- Transparency is achieved as all transactions and contracts are publicly visible
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- What was Web 1.0?
Web 1.0 was the first stage of the World Wide Web evolution where webpages were static and display only texts, images and links.
- What is a smart contract?
A smart contract is an agreement between two users in the form of computer code. It runs on the blockchain and is stored on a public database which cannot be changed.
The transaction happens only when the conditions in the agreement are met. It is executed automatically without a third party.
- How is transparency achieved with Ethereum code?
Transparency is achieved with the Ethereum code being a distributed, open-sourced, public ledger made accessible and available to all.
1. What was Web 1.0?
Web 1.0 was the first deployment with static websites and basic services
2. What is a smart contract?
A smart contract is a software that runs on a blockchain (Ethereum for example) and it cannot be stopped or modified. It makes the money a programmable money , and many other things like tokens, etc.
3. How is transparency achieved with ethereum code?
The blockchain in public, so you can verify by yourself transactions, smart contracts source code…
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Web 1.0 was the first iteration of the web, which was very basic. It was only able to display basic text, images and links.
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A smart contract is a block of code that exists on the blockchain that is designed to do a specific task.
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Transparency is achieved on Eth through its proof of work consensus algorithm.
- It is the static primer version of internet. Consist texts, images and links.
- Smart contracts are transactions on the Ethereum network. They are dynamic and programmable by using solidity and can make decisions.
- by using the blockchain
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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 the initial internet function which only incorporated basic, unscriptted websites that did not allow interaction (such as chat features etc.)
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A smart contract is conditional layer built upon the basic BTC ” transaction only” structure of blockchain. It incorporates small pieces of code that run on the ethereum blockchain that allow for programmable conditions that are executed only when those conditions are met.
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Transparency is achieved by exposure of and access to the senders and receivers of the currency being held in the smart contract. Itis on an open ledger
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1. What was Web 1.0?
Web 1.0 was the initial phase of the internet in the early days of its development. Websites consisted of static pages only, without any user intersaction – essentially just reading material and research content. Features such as user accounts, chat rooms, social media sites, etc. were not yet available.
2. What is a smart contract?
A smart contract is a computer program that runs on the Ethereum blockchain. By using the Solidity programming language, programs are deployed on the Ethereum network. The program’s execution will be completely autonomous and cannot be stopped or altered by anyone.
3. How is transparency achieved with ethereum code?
With Ethereum code, transparency is achieved because all interactions with the smart contract are visible. Similarly to how a transaction on the Bitcoin blockchain is immutable and cannot be reversed or altered, the program execution of a smart contract is immutable. This makes it possible for a trustless environment which cannot be corrupted.
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Homework ethereum intro
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Web 1.0 is a basic protocol that you can add text and pictures
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Smart contracts are codes that can be added to a protocol
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Transparency is achieved through the ethereum blockchain similar to the bitcoin blockchain. On ethereum you also have smart contracts that get verified through the EVM which communicates to the cpu. Once a smart contract is put in place it can’t be changed. I think that’s how I interpreted that information.
- Web 1.0 is the good old static text web we had before the introduction of dynamic websites and programmable frontend.
- A smart contract is a piece of code that resides on the blockchain and has the same immutability and trustlessness as regular transactions.
- As described in answer 2., the contracts are immutable and trustless. Once the code is up, it cannot be changed and its logic must be respected.
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- What was Web 1.0?
Static web pages with images, very basic, no logins or generated code - What is a smart contract?
small pieces of code in solidity in the blockchain that depending on the outcome of a condition it will decide what to do with the money. Its unstoppable, transparent. - How is transparency achieved with ethereum code?
Is is decentralized, As its all in the blockchain you see all past records and audit it, and Its trustless
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1* What was Web 1.0?
2* What is a smart contract?
3* How is transparency achieved with ethereum code?
A1* Web 1.0 was the first version of the internet capable of simply just text, links and images. They were static websites.
A2* Smart contracts are small pieces of code programmed and deployed on the Ethereum network, its transparent and trustless.
A3* The code is unchangeable where a person cannot go back and reverse the way the contract behaves. Trying to change a smart contract means going back into the block which is theoritically possible but physically impossible as it would take forever.
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Hi there! Although this is correct, smart contract can be used to not only program movements of money, but movements of data (like storing votes of candidates). But the idea of having a program that also acts as a payment processor is great!
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And beside the transactions, you can also check the actual code that the smart contract is running, allowing you to trust that it will behave well!
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Hi Marcus! Yes, there could be cases where a smart contract is meant for two users, but normally it can handle many more interactions. Think of the smart contract as a software running on a decentralized server with access to a decentralized database. Awesome!
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