Determines if it can by used to create the ValueHost instance based on the Config.
Can create when true.
Creates the instance.
Adjusts the state from a previous time to conform to the Config. For example, if the Config had a rule change, some data in the state may be obsolete and can be discarded.
Creates an initialized InstanceState object
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Used by the ValueHostFactory to recognize a specific ValueHost class from the ValueHostConfig and create it, plus create its state.