In Defense of Maximalism

Hi all. I just read this blog post by Vitalik (https://vitalik.ca/general/2022/04/01/maximalist.html).

I would encourage anyone who hasn’t yet read it to check it out.

It's a thought-provoking defence on the courage required for being a maximalist (specifically a Bitcoin maxi).

In his post, Vitalik writes, " Network effects really are logarithmic, not quadratic: once a cryptocurrency is "big enough", it has enough liquidity to function, and multi-cryptocurrency payment processors will easily add it to their collection."

Two questions:

1- What does it mean for something to be logarithmic?

2- What is the difference if something is logarithmic vs exponential?

Thanks for your help.