Yes, sidechains benefit from bitcoin but that doesn't mean anything if a small group of the userbase has outsized control over token issuance.
Bitcoin's weakness relates to reorgs and its slow, broadcast propagation pattern. Lightning's weakness is griefers and expiring/stuck channels.
I don't think what bitcoin does is at all similar to LN. There is a much weaker consensus in LN, because it doesn't have to share the state changes, only the p2p information for generating paths and a summary at the end of each channel, the security problems for LN come from mischief with channel partners and channel liquidity.
Yes, sidechains benefit from bitcoin but that doesn't mean anything if a small group of the userbase has outsized control over token issuance.
Bitcoin's weakness relates to reorgs and its slow, broadcast propagation pattern. Lightning's weakness is griefers and expiring/stuck channels.
I don't think what bitcoin does is at all similar to LN. There is a much weaker consensus in LN, because it doesn't have to share the state changes, only the p2p information for generating paths and a summary at the end of each channel, the security problems for LN come from mischief with channel partners and channel liquidity.