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The beginning of internet with just static pages before all the fancy pictures, gifs and wonderful codes came on the internet like javascript
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A smart contract is a programmable contract like ethereum which is written in the language of “Solidity”. Different smart contracts can be written in their own unique language of course. It can be programmed to execute a certain protocol, thus making it programmable money/currency options.
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On the public blockchain everyone can see the transactions thus making it transparent for all people to access. A smart contract keeps going 24/7 366 non-stop like https://ethereumgold.io/?ref=0x285793f9e06cca3dd421025daa7bc514e0734e83 for example, non-stop ethereum earning machine!
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Hello sir, what do you mean by that? If you are facing any issue with one of our platforms (academy or forum or payments) please email us at [email protected] so we can help you 
If you have any more questions, please let us know so we can help you!
Carlos Z.
Web 1.0 was early internet version allowing exchange of information in form of text. It was a static platform.
A smart contract is made of computer code that does a certain task(s) based on the coding.
After it is deployed Ethereum code Can’t be changed. So the task defined by the code can’t be changed. The task is defined and clear understanding of the task so this is transparency. No hidden or alternative outcome . Only outcome is what the code says it will do,
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What was Web 1.0?
This was the beginning of the internet. It displayed only static texts and images. An upgrade came in Web 2 with the introduction of Javascript. Websites became dynamic and it became possible to click on links or images and have accounts. -
What is a smart contract?
A smart contract is a piece of code programmed with the solidity language on a blockchain to execute a specific financial transaction that is allocated to it. -
How is transparency achieved with ethereum code?
Small contracts are unstoppable, trustless because they remove the middleman and transactions are visible for the network to see or follow up.
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Answer all questions and post your answers in the thread linked below.
- What was Web 1.0?
Web 1.0 refers to static websites that could only show text, images and links. Web 1.0 dos not have chats, videos or social media accounts options. - What is a smart contract?
Smart contracts are small pieces of codes that runs on the ethereum blockchain. Smart contracts allows people to programme contracts using a programme language known as solidity and then deploy these contracts on the ethereum network. - How is transparency achieved with ethereum code?
Transparency is achieved with the ethereum code by making sure that all transactions are verified. This is possible because of the transparent nature of the ethereum blockchain and the smart contract on it. As such contracts on the ethereum blockchain are unstoppable, they cannot be shut down or altered maliciously.
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What was Web 1.0? - Static websites that would only contain text, pictures and links prior to Java Script.
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What is a smart contract? - Programmable assets that are unstoppable, process transactions, can hold and deal with money and non-reversible.
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How is transparency achieved with ethereum code? - Cannot change how a smart contract behaves (non-reversible), no middleman needed. It is trustless as you don’t trust humans but rather you trust the technology and math of the smart contract.
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Web 1.0 is a static website that can only handle things like text, images and links.
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A smart contract is small pieces of code that run on the Ethereum blockchain.
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The code is on the blockchain for everyone to see and read. It removes the middleman and cannot be changed or removed. You can see who is sending and receiving the money in a smart contract.
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- What was Web 1.0?
Web 1.0 consisted of basic, static websites, not much interaction like chat or social media and not customizable. - What is a smart contract?
A piece of code that runs on the Ethereum BlkChn that is programmed to make transactions and cannot be stopped or changed. - How is transparency achieved with ethereum code?
Transparency is possible because everyone can see what is happening on the blockchain. Anyone has access to view the transactions and we know that they cannon be changed.
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- Static websites, the info displayed simply without any interaction beyond links.
- A smart contract is basically code ruining on the Ethereum blockchain able to hold and distribute money automatically under certain conditions.
- The code is transparent because anyone can see it and follow the flow of money but nobody is able to stop it or change it.
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Web 1.0 allows us to search for information and read it on static websites with text, images and links.
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Smart contracts are small pieces of unstoppable codes that run on ethereum.
you can see who is sending and receiving money from the smart contracts.
A smart contract can own and decide what to do with money.
For example, you can send money to the smart contract to hold then program your smart contract to pay your rent every first of the month until you move. -
Transparency is achieved with ethereum code in a trust less manner by the way blocks are connected to each other on the block chain. There is no way to reverse or change the behavior of a smart contract once they are deployed on the block chain.
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It was the first iteration of the World Wide Web. It consisted of very simple static web-sites and had very limited functions.
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It is a program or app that has been created on the blockchain. It can automatically execute when certain conditions have been met. It allows you to program your money.
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It is transparent because the blockchain is public and immutable.
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What was Web 1.0?
It was an information broadcasting platform with Hyper Text Transfer Protocol only with texts, images and links based on Hyper Text Markup Language.
What is a smart contract?
Smart Contract is a small pieces of code being written in solidity that user can design payment algorithm and use on blockchain.
How is transparency achieved with ethereum code?
User can create their own code how would like to handle the money transaction algorithm on blockchain which is decentralized. Txs are open to public, everybody can track.
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Q1- What was Web 1.0?
It was the first iteration of the internet. Websites were very simple / static basically containing only images, text and links.
Q2- What is a smart contract?
It is a relatively small piece of code – in this case running on the Ethereum blockchain. They are the main value add for Ethereum (over e.g. bitcoin) offering transparency, removing the need for trusting third parties or middlemen and allowing for “programmable money / assets”.
Q3- How is transparency achieved with Ethereum code?
Smart contracts on Ethereum are programmed in the solidity language and as it is blockchain, all transactions are visible. The code itself can also be made visible if the developers allow it.
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[quote=“filip, post:1, topic:8441, full:true”]
Homework on Ethereum Intro - Questions. (Questions were updated on Dec 3 2019 )
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What was Web 1.0?
Web 1.0 was a static and boring website that could show or have only texts, images and links. They could not show charts, different accounts, and social media. On web 1.0, you could only read and share information. -
What is a smart contract?
A smart contract is a piece of code that runs on the ethereum blockchain. Smart contracts are created using a programming language called solidity. These pieces of code can be programmed to hold and decide what happens to money. Smart contracts can do whatever you ask them to do and they are completely unstoppable and decentralized. -
How is transparency achieved with ethereum code?
In ethereum, there is no intermediary; everyone can see and verify what is happening to the smart contract. There is no need to trust anyone; you can actually use the technology to verify transactions.
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Web 1.0 was the most basic type of website that was on the internet before JavaScript came along and made websites programmable
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A smart contract is a piece of code on the ethereum blockchain the executes a command usually to do with money when certain things happen E.g. if you kid gets good grades in school then pay him 1btc or 1 eth
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Transparency is achieved in smart contracts because anyone and everyone can read the code in a smart contract making it basically impossible to change on the contract.
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- What was Web 1.0?
Static website that displayed information. - What is a smart contract?
A contract on the block chain that executes based conditions. - How is transparency achieved with ethereum code?
Once a transaction has been processed, the code is viewable for all to see, so that all parties involved can verify that the contact has been/will be executed correctly.
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- Web 1.0 refers to the internet webpages that existed before dynamic interfacing came to be such as with java script. Data could only be posted and presented in a static way.
- A smart contract is a programmable contract that can hold and distribute transaction on a blockchain. They can be used for dynamic transactions and provide a trust-less environment for parties to do business with each other.
- Ethereum code is transparent as smart contracts themselves exist on the blockchain and can therefore be viewed by anyone who knows the address for the contract. This allows for a contract to be reviewed by users before they send money to it to verify that the terms of the contract are agreeable.
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1.Web 1.0 was the first version of the World Wide Web, which had simple static websites.
- Smart contracts are self-executing programmable contacts. They require no no third party. The contract is simply between the buyer and the seller.
3.Transparency is achieved through the Don’t trust, verify idea. Simply put once something is added to the blockchain, nothing can be reversed. You no longer have to trust a middle man, all you have to do is “trust the math”.
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- What was Web 1.0? - html internett. A webpage would only consist of text and to my understanding maybe pictures since we can program pictures in HTML.
- What is a smart contract? - It’s small pieces of censorship resistant codes that is running on the eth blockchain. The programming language is Solidity today, but it will be VYPER in the future.
- How is transparency achieved with ethereum code? - the code is publicly available for everyone that can read code to verify. An everyone can see what is happening on the blockchain 24/7
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What was Web 1.0?
static websites, only links, text, pictures but no dynamic elements -
What is a smart contract?
it is an unstoppable litte programm to realize contracts between two parties. -
How is transparency achieved with ethereum code?
The smart contracts are on the blockchain, so everybody is able to check them.
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