In this video, when Loong starts talking about Greycore, it sounds like the plan is for Ren Protocol to be a permissioned chain rather than a decentralized one.
(permissioned means Grey core members are selected through governance, while decentralized means anyone can be a node)
I am not sure permissioned is bad or can’t work, but this is different than what I understood as a plan to for Ren to be decentralized.
If REN nodes are run as permissioned nodes with operators who have an incentive to be honest, then there isn’t really a need for the fees which are intended to motivate the decentralized node operators.
In other words, REN could be a permissioned chain with super low fees or a decentralized network where fees motivate the decentralization.
Is Ren somehow pursuing permissioned first with decentralization later?
If so, does where does full decentralization fit into that roadmap?