After Decred management team pulled a scam with miners, everyone knows this project governance is a sham.
The core team lead by companyzero owns a majority of the supply since Day 1. The _governance_ is a sham process to avoid accountability for Jake Yocom Piatt and Jonathan Zeppettini, and evade their legal responsibility. Everyone can cast a vote, but they will veto it because they each control millions of DCR. Time to reveal their master plan steps:
Step 1 Premine 1.6M DCR coins, and keep half
Step 2 Create exemption to allow companyzero with unlimited treasury billing without needing public stakeholder approval
Step 3 Implement Coinjoin privacy to hide the whale holdings by Jake Yocom Piatt, Jonathan Zeppettini and companyzero
Step 4 Make a fake "retirement" post on Decred blog saying they are _stepping down_
Step 1-3 are done now, only step 4 remaining. Soon you will see a fake retirement post on
Decred Blog. In reality, they will continue to hold millions of the coins supply, and full control of the project governance.
The privacy feature hides the whale holdings now, but we have data from 2017. You can see that a solo whale is holding 400,000 DCR tokens. This address is alive since the premine. They can use privacy to hide their current balance, but a simple staking since 2017 means 5x of the rewards.
2 Million DCR guaranteed minimum, unless they bought more via the DEX. Check it out yourself. This is from 2017:
https://ibb.co/mRwWm52You can see the label of solo staking, and you can still verify the addresses in block explorer