How is Moore's Law best defined?

Moore's Law is best defined as an observation that computing power tends to double approximately every two years. This phenomenon was first articulated by Gordon Moore, co-founder of Intel, in the 1960s. He noted that the number of transistors on a microchip doubles roughly every two years, which leads to an exponential increase in computing performance and efficiency. This doubling has significant implications for the advancement of technology, enabling more complex computations and the development of increasingly powerful devices.

The other options do not accurately capture the essence of Moore's Law. The first option addresses a principle related to internet security, which is unrelated to computing power or performance. The third option mentions boolean logic statements, which pertain to computer science but are not related to Moore's observation about transistors and performance. The fourth option discusses cryptography and its complexity, which, while important in computing, does not relate to the concept of computing power doubling over time as described by Moore's Law.