Spendcoin currently runs as an ERC20 token minted on the Ethereum Blockchain via a smart contract. Our smart contract has been audited and verified safe and secure to use on the Ethereum Network.
It is safe to say that the Ethereum Network is safe, stable, and secure. Prior to launching Spendcoin on Spendchain there will be a series of security audits performed as well. Spendcoin also runs on the Binance Chain blockchain as a BEP2 protocol token, with the security of Binance chain validating the transactions. Eventually, both ERC20 and BEP2 tokens will be converted to Spendchain native tokens.