Definition ∞ Core network utility refers to the fundamental services and functions that a blockchain network provides to its participants and the applications built upon it. This includes capabilities such as secure transaction processing, data storage, and the execution of smart contracts. It represents the inherent value proposition of the network.
Context ∞ A network’s core utility is a primary determinant of its long-term viability and competitive standing within the digital asset landscape. Its strength influences token economics and investor confidence. News reports frequently assess protocols based on their capacity to deliver robust and efficient core services, impacting their perceived value.
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