Metcalfe’s law, the bitcoin, the ethereum and their value. I am a Data Scientist student and I took a course with Dr. Fragkiskos Papadopoulos on Network Science. I know a little bit about everything regarding network science and today I will talk to you about the basics to calculate Metcalfe’s law on your own and track bitcoin but also any other coin you want like ethereum and their network value.
Metcalfe’s law states that the value of a network is proportional to the square of the number of its nodes, i.e. N². Formulated around 1980 in the context of communication devices by Robert M. Metcalfe, the idea behind Metcalfe’s law is that the more individuals use a network, the more valuable it becomes. Indeed, the more of your friends use email, the more valuable the service is to you.
During the Internet boom of the late 1990s Metcalfe’s law was frequently used to offer a quantitative valuation for Internet companies. It suggested that the value of a service is proportional to the number of connections it can create, which is the square of the number of its users. In contrast the cost grows only linearly with N. Hence if the service attracts sufficient number of users, it will inevitably become profitable, as N² will surpass N at some large N (Figure 1). Metcalfe’s Law therefore supported a “build it and they will Continue reading “BitDegree and Network Science”
We grow up. We should take important decisions in order to live a life and not just exist.
You already wasted some seconds reading the first line. Always remember in life we have to be patient. The time is now and this correct but sometimes you don’t want to rush something you want to last forever.
Me, you, him, her, them but at the end there is only us we are as one, united as one divided by zero and the reactions are the same for the Motiv8tors experiment. Power, money and sex does Continue reading “Motiv8tors experiment”
The fact that we need money it cannot be denied. We need money to pay our bills, for our education. But here comes the following question. What is the right way to treat money? How canwe live a meaningful life without money worries?
“A wise man should have money in his head, but not in his heart.”-Jonathan Swift
This quote is meaningful, in my opinion it captures the essence Continue reading “How to live a meaningful life but without money worries”
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Continue reading “Online Marketing for your business for FREE”