Centralized in the worst possible way and closed source on top of that.
Security by obscurity concept.
I will watch this but I don't think I am going to participate in this.
It is the only possible way for a system like this to exist. The obscurity is a necessity to deter hackers (yes it's a real threat).
I hope your passive observation leads you to the conclusion that we're legitimate.
See you at launch (possibly)

thank you for your perspective.