VH's founders shouldn't get a stake, which would allow them to further direct this project. That would mean they would have to burn probably 90+% of their stake.
I understand what you're trying to say.
We aren't stake based. Directing the future isn't something I'm here for and I'll do a follow up post soon to make it more explicit, but something you need to be aware of, because you've somehow missed it from the whitepaper is that each crown holder, gets exactly 1 vote. Doesn't matter if you have 1 Crown or 10000 of them. The only reason to hold additional Crowns is to benefit from TRs and ARs.
Terminology has changed and Crowns are now Estates, the commitee is now called the Estate Board, but the rules are the same as I laid out in the whitepaper. Each person's voice is equal and the system is designed around that.
So just remember it's 1 person, 1 vote. Person meaning someone who holds an account and has undergone full AML/KYC verification. You don't do that and your vote isn't counted no matter how many Estates you have.
Thanks for the reply though.
I'd still like to invite you to testnet. It will be a lot more clear how this works, if you try it first.
...or to sell it.
Anyway, I'm not going to contribute to something what is de facto your private business. Not any more.
Call it Crowns, call it Estates, but you have reserved for you more Estates that the rest of your world could possibly collect toghether.
I wouldn't contribute to such a project from the beginning, but at that time there seemed to be some decent people around who would vouch for you.