Editing Network effect (section)

=== Cryptocurrencies and blockchains ===
[[Cryptocurrency|Cryptocurrencies]] such as [[Bitcoin]] and smart contract blockchains such as [[Ethereum]] also exhibit network effects.

[[Smart contract]] blockchains can produce network effects through the social network of individuals that uses a [[blockchain]] for securing its transactions. Public infrastructure networks such as [[Ethereum]] and others can facilitate entities that do not explicitly trust one another to collaborate in meaningful way, incentivizing growth in the network. However, as of 2019, such networks grow more slowly due to missing particular requirements such as [[Privacy concerns with social networking services|privacy]] and [[scalability]].<ref name=ssrn20190209>{{cite journal |title=Blockchain Valuation: Internet of Value, Digital Networks and Smart Transactions |last=Moro Visconti|first=Roberto |website=SSRN |date=9 February 2019 |doi=10.2139/ssrn.3533860 |s2cid=219348292 |access-date=26 May 2023 |url=http://dx.doi.org/10.2139/ssrn.3533860 }}</ref>