Metcalfe’s law is a general computing principle that you can also apply to the Bitcoin network. It states that the value of a network is proportional to the square of the number of connected users. What does this mean exactly? An easy-to-understand example is the phone network. The more people who own phones, the more exponentially valuable the network becomes. With Bitcoin, you can calculate a Metcalfe value by using the number of active Bitcoin wallet addresses and other public information ...