At present, the market is flooded with a large number of cryptocurrencies. How many will survive and be used in practical applications in the future?
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
For these huge number of tokens, what are the ones that can survive by classification:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Most of the tokens in the market will disappear, but the digital currency market will not disappear, but will become stronger and stronger. Because the wave of the blockchain revolution will increasingly affect all aspects of mankind. The current chaos in the digital currency market is caused by too little currency supply, too much money, and inadequate supervision. This is an inevitable process in the development of new things. As the supply of currencies increases and supervision is gradually in place, this situation will gradually improve, and good currencies will begin to drive out bad currencies. The digital currency market will also go through several rounds of bull and bear markets, and clean up several rounds, so that the market will slowly become healthy and stable. You can now participate in digital currency investment, and you can now enjoy the industry's early dividends. This is reflected in cryptocurrency exchanges, such as the well-known exchange ZB.com, which is the world's first exchange to list ETH, which makes it the world's largest spot exchange.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In the future, there may be cryptocurrencies that better balance privacy and supervision. It is estimated that the current cryptocurrencies will not be practically applied. After all, no country will allow an uncontrolled financial system. Small-scale applications are now available, after all, encrypted transactions are the gospel of illegal transactions.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In the future, there may be cryptocurrencies that better balance privacy and supervision. It is estimated that the current cryptocurrencies will not be practically applied. After all, no country will allow an uncontrolled financial system. Small-scale applications are now available, after all, encrypted transactions are the gospel of illegal transactions.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cryptocurrency itself cannot be applied, it only promotes the participation of nodes in the blockchain project and its fast, safe and robust operation. However, it is not necessary for blockchain projects to have coins. I think that in the future, blockchain applications that are truly in demand and can be implemented on a large scale do not need to issue tokens. Tokens are just a reward. What is the demand that such an application solves, what is used instead of currency to reward.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't think it is right. The core of the blockchain is decentralization, which means that there is no central organization responsible for the operation of the system. Everyone in the system can only participate in the process of maintaining the operation of the system through the system's own incentives. And this incentive is the token of the system, that is, cryptocurrency. The typical representative is the Bitcoin system, which binds the issuance and operation and maintenance of Bitcoin together and maintains the operation and security of the system through the incentives of Bitcoin. You can go to ZB.com to have a look at tokens like this. After all, the tokens of well-known exchanges have been audited, so as to ensure that the transaction of these tokens is of an investment nature.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NFT. There are many things that have emerged in this round of NFT tide, such as virtual collections and works of art at surprisingly high prices. The search popularity of NFT surpassed DeFi for the first time on February 21, and surpassed ETH for the first time on March 2. DeFi expands the meaning of Token in the financial field, while NFT interprets the meaning of "non-homogeneity" and "uniqueness” and has a wider range of applications. Invest in cryptocurrencies with the concept of NFT: such as ENJ, FLOW, CHZ, MANA, SAND, WAXP, WHALE, DEGO, AXS, MEME, etc.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit