Definition
The network effect is a phenomenon where a product or service becomes more valuable as more people use it. Increased adoption leads to increased utility.
Why it matters (in Poovi’s context)
The utility of protocols like MCP heavily relies on their network effect; widespread adoption by developers and applications is crucial for their success and usefulness.
Key properties or components
- Value increases with users
- Driven by adoption
- Crucial for standards
Contradictions or debates
None.