We propose a new preferential attachment-based network growth model in order to explain two properties of growing networks: (1) the power-law growth of node degrees and (2) the decay of node relevance. In preferential attachment models, the ability of a node to acquire links is affected by its degree, its fitness, as well as its relevance which typically decays over time. After a review of existing models, we argue that they cannot explain the above-mentioned two properties (1) and (2) at the

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... me time. We have found that apart from being empirically observed in many systems, the exponential growth of the network size over time is the key to sustain the power-law growth of node degrees when node relevance decays. We therefore make a clear distinction between the event time and the physical time in our model, and show that under the assumption that the relevance of a node decays with its age τ, there exists an analytical solution of the decay function f_R with the form f_R(τ) = τ^-1. Other properties of real networks such as power-law alike degree distributions can still be preserved, as supported by our experiments. This makes our model useful in explaining and analysing many real systems such as citation networks.