BTCD centralisation risk with multi-signature wallet

Hey @jNewbretton, I don’t want to dampen the discussion, but I want to raise a practical question. What are your thoughts on the centralisation risk around BTCD, particularly in relation to its multi-signature wallet?

Centralisation concerns in a multisig setup can pose governance and security tradeoffs. If a few keys control the treasury or core operations, it can impact censorship resistance, shift incentives, and introduce single points of failure. It’s worth evaluating how keys are managed, who holds them, what safeguards exist (time-locks, quorum rules, independent custodians), and how transparent governance processes are for BTCD holders.

From a risk management perspective, it would help to see clear disclosure of the multisig architecture, rotation procedures, and incident response plans. If the team or community can demonstrate robust controls and community oversight, it may alleviate concerns. Otherwise, BTCD holders might prefer diversified custody approaches or additional decentralisation upgrades to strengthen resilience and decentralised decision making.