Hello guys.
People usually misunderstanding what decentralization means, thinking on equality.
Most of us, already know that inequalithy is human intrinsic.
The Decred's governance model, put the decision makers under a "skin in the game" set.
Are you saying that Decred's governance model is Plutocratic?
This model ain't better, but a different way from bitcoin.
Bitcoin has a tough governance, almost immutable via hardforks when it needs, always creating another coins instead of solving or improving the technical rules.
It could be perfect over decades as SOV, but as a softfork's hostage, some basic implements could be impossible to make, becoming it outdated.
Decred allows HF without creating another chains.
About centralization, new coins tend to be more centralized than old ones.
Greetings.
I already said it before, if a motivated minority wants to fork, it will fork. Yes, it will be costly. Bitcoin Cash was the same. We were laughing at it, but they developed the EDA to save, and keep their network going.