Examples of using Network effect in English and their translations into Vietnamese
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Colloquial
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Ecclesiastic
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Computer
If you harbor doubts about the importance of this currency network effect- or worry about altcoins overtaking Bitcoin in some other way;
In a system(like the Internet) with the network effect, the more people that use it, the value of the entire network goes up exponentially.
Metcalfe's law, you can say, is another name of network effect that I talked about in section 3 above.
Bitcoin shares this network effect property with the telephone system, the web, and popular Internet services like eBay and Facebook.
That in turn produced a network effect: people needed to use Facebook
The network must be able to attract a diverse group of participants to share resources in order to truly achieve network effect.
With each passing day, Bitcoin's immutability only becomes more pronounced with growing network effect.
If the network cannot attract users from both sides quickly, the network effect would be diminished.
The question is, will tokenized incentives be enough to overcome Facebook's enormous network effect?
Bitcoin is different because unlike altcoins, Bitcoin created a new category and has the network effect as a result.
Public blockchains could have a network effect explosion as the dominant databases and mediums of exchange for both the human and machine economy.
then the network effect of Bitcoin will stop growing,
As the community grows, the network effect, as well as the overall market reach of the project, will have a beneficial impact
Network effect- When a good
Now: Snap finally acknowledges that it needs to enhance its network effect and lay a foundation for the future by winning users everywhere on every device despite the challenges.
In interview, Thomas sought to stress how the papers open up the possibility of further building a network effect around the tech- one that might be key now that traders are buying in.
While consortia models have become increasingly popular for financial institutions looking to leverage the network effect of blockchain, the WFP went in a decidedly different direction.
To break this network effect, I believe any new company will need to offer highly differentiated inventory or a stronger value proposition for property owners.
Brad Garlinghouse, Ripple CEO, commented:“The world's largest banks have been the first to adopt Ripple's technology, and the network effect from our customer base is accelerating.