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What was Web 1.0?
basic HTML websites -
What is a smart contract?
electronic contracts which are programmable/coded in DLT which executes automatically when the condition is valid -
How is transparency achieved with ethereum code?
through trustless and verifiable smart contracts
2. What is a smart contract?
Hello sir, you are partly right, could you please detail a little bit more your answer? why is a simple program? what kind of features does a simple smart contract program have?
If you have any more questions, please let us know so we can help you!
Carlos Z.
HI filip, im back
web 1.0
static, only text and links, not adaptable to user
smart contracts
(solidity) small pieces of code “contracts” which are unstoppable and do not need 3rd party. zero trust.
transparency
removing the middle man, trust technology not a third person/entity
Web 1.0 was the state of the internet prior to javascript being introduced and launched.Web 1.0 was only capable of hosting static web pages that could not interact with users and was not programmable with additional features.
A smart contract is tiny piece of code written in a programming language called solidity that is deployed on the ethereum network.
Transparency is provided because the conditions of the contract are visible on the public blockchain, all transactions are also visible, and it is possible to see how the contract interacts with the conditions on the public blockchain.
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Web 1.0 was websites with very low functionality. Mostly just text and a few pictures.
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A smart contract is a programable asset that allows a trust less system.
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Like BTC, prior transactions or contracts can not be changed on ethereum. The conditions of the contracts are built into the blockchain where anybody can see. This allows a trust less system of transparency.
It is open, unstoppable and can own/decide what to do with money
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What was Web 1.0?
- First version of the internet || pre-java || could only support basic text, links, simple shit, etc
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What is a smart contract?
- Small piece of code that runs on ETH blockchain
- They perform various immutable actions with money or assets
- Their creation ushered in the era of “Blockchain 2.0”
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How is transparency achieved with ethereum code?
- Blockchains r public n open source meaning that anyone can look under the hood to verify the code n records onnit
1.) Web 1.0 was a static system that was limited to basic texts, images & links to sites.
2.) Smart Contracts are small pieces of code that run on the ETH Blockchain. It uses the programming language Solidity to program smart contracts and deploy them onto the ETH Blockchain. These smart contracts are unstoppable/immutable, transparent and removes the trust between the parties so the middleman is no longer needed for the transaction.
3.) The transparency is achieved by putting the code/smart contract on the ETH Blockchain where anyone can see/verify what it is and if it is working properly.
1- 1st version of internet that does basic text, images, links
2- smart contacts are pieces of codes that handles money
3- every can see transactions by using smart contacts on ETH blockchain
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The first iterations of the internet. Static sites. They mostly consisted of text and images.
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Programmable assets.
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It’s open source
1.) Web 1 point zero was the first edition of the internet with out Java Scripting. Facebook could not be an app platfrom that it is on web1.0 as just one excample of the leap forward we took with Java scripting.
2.) A smart contract allows for digital protocals to be wrtten into the assrt. in other wrds if the packages arives atthe geos programmed into the contract the payment will excicute.
3) with ETH not only the ledger is public but the open source nature of the code allows everyone to see the rules for the contract.
Web 1.0 was the initial start of what we know as the Internet. When Web 1.0 was launched, there wasn’t much that you could do beside look at static text/pictures. This was then developed on using JavaScript to make dynamic pages.
A smart contract is an electronic document that is written in Solidity to pay someone once certain trigger points are met. For instance, you could set up a smart contract to pay a photographer once he/she delivers edited photos from a photoshoot.
Transparency is achieved by having users verify through PoW and not rely on trusting another person. Once a block is added to the blockchain, it cannot be altered and will always persist on the blockchain.
- Static web pages containing text, images and links.
- A small piece of code running on the blockchain that can own and move money in case certain conditions are met, in an unstoppable and transparent way.
- Smart contracts, the most important feature of ethereum makes the conditions and the mechanism visible and verifiable to all parties, so everyone will be sure that if the conditions in the contract are met, certain events will take place and there is no way stopping that.
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Web 1.0 was static websites, HTML based with only text, links and images.
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Smart contract is a small peace of code written in solidity that runs on the Ethereum blockchain that executes when conditions are met.
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Transparency is achieved by having the code publicly available on the blockchain. The information is available for everyone.
- A static website where you could only read and share information.
- An electronic contract which transmits currency to an address under a specific condition.
- Transactions are open for everyone to see.
- Web 0.1 is non interactive websites that only display text,image and links.
- Smart contracts are small pieces of code that run on the Ethereum network. The conctract handles the money and and that creates trustlessness between two parties and cuts out the intermediaries.
3.On the blockchain the transactions are visible for everyone.
1. What was Web 1.0?
Web 1.0 was a very basic & static form of internet (websites) with very limited capability
allowing for content such as text, images and links to be displayed in a web-browser.
2. What is a smart contract?
A smart contract is a piece of code that a developer can program using Solidity, and deploy it
to the Ethereum network. The smart-contract is created with a predefined & unchangeable set of
rules by the developer, that will decide what to do with any token it receives, based on predefined
conditions. Any tokens sent to a smart-contract becomes the “property” of the smart-contract,
and only once a programmed condition is met will the smart-contract send the tokens to the new owner.
This also removes the need to have any third-party involved, as the smart-contract now becomes
this third-party.
3. How is transparency achieved with ethereum code?
Apart from the explanation in point 2; the blockchain technology that Ethereum is built on, is a
public network that is viewable by anyone. Due to this feature of blockchain, it makes it possible
to accurately & confidently trace any transactions on the network, giving it it’s ability of transparency.
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Web1.0 is a static website where people can only read information and send messages.
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Smart contract is a programmable contract in blockchain which will be execute a transaction automatically once the contract condition is met. Once it is built in the blockchain it can not be altered.
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Ethereum is a smart contract code built in blockchain. It is open to everyone in the network, hence everyone can verify it. And since it is built in blockchain it can not be altered afterwards. So it is trustless. This is how Etherium code achieved transparency .
- Web 1.0 is internet before JAVA script. The internet was boring because it was static, text, image and links only.
- A smart contract is small pieces of codes running on Ethereum blockchain.
- Transparency is achieved with ethereum code through Smart Contract. A smart contract once executed cannot be changed or manipulated.
- Web 1 was/is an static web where you can see text, some images and links, that are readable and shareable.
- A small pieces of code that runs in Ethereum BC. That can hold/own and transact money.
- Smart contracts are unstoppable, trustlees and you can always view the transactions.