RE: 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?
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.