Congratulations to Bob Metcalfe for receiving the Turing Award, often referred to as the "Nobel Prize in Computing".

He is rewarded for having created Ethernet. Only that!

We also owe him Metcalfe's law.

Metcalfe's Law is a theoretical and empirical law of the network effect.

Metcalfe's Law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system.

Simply put, Metcalfe's Law says that the more users there are in a network, the more valuable that network will be.

Bitcoin follows Metcalfe's Law.