Digital blockchain networks appear to be following Metcalfe’s Law
作者：
Highlights：
• Public ledger systems provide us a wealth of information for their network analysis.
• Network effects on the growth of some of the networks was confirmed.
• A new network model presented here modeled the networks well as did Metcalfe’s law.
• The network’s value was related to the exponential of the root of its active users.
• The mathematical form of the model allows for new ways of analyzing the networks.
摘要
•Public ledger systems provide us a wealth of information for their network analysis.•Network effects on the growth of some of the networks was confirmed.•A new network model presented here modeled the networks well as did Metcalfe’s law.•The network’s value was related to the exponential of the root of its active users.•The mathematical form of the model allows for new ways of analyzing the networks.
论文关键词：Blockchain,Cryptocurrency,Digital networks,Distributed ledger systems,Distributed transaction processing,Fintech,Metcalfe’s Law,Network effects,Online payments,Payment networks
论文评审过程：Received 13 June 2017, Revised 18 June 2017, Accepted 18 June 2017, Available online 20 June 2017, Version of Record 23 June 2017.
论文官网地址：https://doi.org/10.1016/j.elerap.2017.06.003
