| Coined by Robert Metcalfe, the inventor of Ethernet, Metcalfe's Law states that the value of a network grows by the square of the size of the network. The idea behind this law is that a network's value is increased as the size of the network increases; this law is often referred to when talking about the Internet's value. For example, if the network has 5 machines its value would be 25 (5^2=25), but if another network had 1000 machines its value would be 1,000,000. This law is also considered applicable to more than just the Internet or a computer network. For example, a software product may increase in value as it grows in size. If a product only has 25 users it is less likely to be known and used. However, if a product has 1,000 users it is more likely to be
known and used and introduced to more users. Also see: Moore's law, Network definitions | |
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