I believe it’s disingenuous to stagger the information on such a serious topic. In the corporate industry this is called “front-loading”.
You haven’t even touched on the cons.
I understand why we need a centralized arm to safeguard the smart contracts if we was to convert today with no preparation. But we still have time to build a robust alternative.
The tier system is an improvement on the executive arm.
The tier system contracts would have to be created from scratch but it would only need to be done once.
With a centralized arm that decides in 2 years to decentralize. Then you will need to transfer the contracts again! Creating twice the risk.
Right now we’re going to give all these contracts to the centralized arm so that we can then risk transferring them again at a later date…
Also I’ve highlighted a problem which nobody has touched on:
A doxxed centralized arm is easier to attack. If someone kidnaps 1 member of that arm then they could threaten his life to the others.
I’ve explained a lot how the tier system is better in every way.
So can you explain why the executive arm is better?
Also the tier system focuses a lot on accountability.
If the people want a feature like “logging in with other EVM networks”.
Who is responsible when these things aren’t getting implemented? In the current system we pass the blame to the next person all the way up to the foundation.
In the tier system people lose their positions and salaries.