It is much simpler, I am not talking about centralization forced by being depended on the dev(s) like any other crypto coin, those coins are still decentralized as far as much I concern.
Those decentralized projects like noble coin, can be taken over by anyone - if the majority will agree on a new chain it will become the new ledger of noblecoin - classic decentralization - the majority wins.
This is not the case here, no one can take over on anything because those decentralized tokens of noxt worth nothing without rofo's work, actually it is agreed the cycle of noxt will end when rofo will finish to buy all noxt tokens back and own 100% of them - so basically those tokens represent the work of jason in the crypto currency field, this is why it was so easy for him to make changes dynamically when needed, he is the only one who need to agree to such changes - it is 100% his project.
Newbie Question?
It seems to me , your example is if the majority can redirect the chain , it is a decentralized project.
What if someone beside Rofo purchased all of the Noxt Tokens and kept them, would that not put them in charge of Noxt instead of Rofo, especially if they started their own separate app. And in your example make it decentralized.
Or are you saying Rofo can control the Noxt token no matter who buys it.Thanks.
As i understand it. (But i am not that good in understanding assets)
You don't "control the Token" you control the money and that would mean
if you buy all tokens everybody, who sold it, says thanks for funding me ... and thats it,
its about funding somebody.
anybody please correct me if i am wrong
Matthias
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