What Is the Main Governance Challenge When a Smaller Coin Relies on a Larger Chain’s Security?
The main governance challenge is the smaller coin's lack of control over the security decisions of the larger, primary chain. If the primary chain decides to change its hashing algorithm or undergoes a hard fork that is incompatible with the AuxPoW mechanism, the smaller coin's security is immediately jeopardized.
The smaller coin's community has no vote or influence on the primary chain's protocol changes, creating a dependency that is a significant governance risk.