They call the chips “security chips” and the scheme “dynamic security”, but it’s absolutely not to protect the printer or the consumer: off-brand manufacturers

They call the chips “security chips” and the scheme “dynamic security”, but it’s absolutely not to protect the printer or the consumer: off-brand manufacturers have every incentive to make cartridges that mimic (or exceed) the behavior of HP cartridges, not to damage the printer or ruin print jobs.