Binance Smart Chain platform

[legend45]

The security of the ethereum network is guaranteed, because this is the oldest network.  BSC and Solana have shown their advantages with cheaper gas fees and better speeds.
 We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.

That's right, Ethereum is one of the altcoins that has a smart chain network that is quite old and many platforms that use the Ethereum, BSC and Solana networks have networks with very low costs for creating new smart contracts. But many irresponsible people take advantage of it by creating tokens or projects that end up being scams.

If the network is cheap, of course it will attract fraudsters to create fake projects that are used to seek personal profit by deceiving other people. what we see currently happens a lot on the BSC and Solana networks.

See it's true that fraud is happening everywhere, not just on Binance Smart Chain and Solana. We used to often see fraud on the ethereum network. so it's best to do your research before investing. A cheap network, as mentioned above, makes it easier for fraudsters to commit fraud with less capital.

[MrSpasybo]

If the network is cheap, of course it will attract fraudsters to create fake projects that are used to seek personal profit by deceiving other people. what we see currently happens a lot on the BSC and Solana networks.

Yeah, the cost of deploying a new smart contract and creating a new token on the BNB chain and Solana is very cheap compared to Ethereum, and investors also find it easy to participate in new projects on new platforms because transaction fees are not as expensive as on Ethereum. In addition, the Ethereum ecosystem is no longer developing as strongly as it did a few years ago, while the BNB chain and Solana are seeing more projects and user activity.

In this bullrun, I am sure that we will have hundreds of new projects on the BNB chain, and the majority of them will be scam or low-quality projects. Investors need to be very careful in analyzing projects to invest in. If you are unsure, just focus on the most reputable tokens, such as BNB, CAKE, and TWT.