How Is the ‘User’ Defined Differently in Various Applications of Metcalfe’s Law to Crypto?

In Metcalfe's Law for crypto, a 'user' can be defined in several ways: the number of unique wallet addresses, the number of daily active addresses, the number of developers contributing code, or the number of full nodes running the software. Each definition provides a different measure of network participation and utility.

Using daily active addresses is generally considered a more accurate proxy for true engagement than total addresses.