Gotcha, I assumed that it was a little handwavy on the details to be more accessible to a wider audience. It is very possible that they don't let others downloa

Gotcha, I assumed that it was a little handwavy on the details to be more accessible to a wider audience. It is very possible that they don't let others download the complete ledger and only let you ask for a certain private key's current balance. I agree that this is even more concerning (if true) than regular PoS. I also didn't read the proposal deep enough to know if you can register to be a node that sees all proposed transactions even though you can't actually validate them. If there is on way for external monitoring or audit, this truly is not blockchain even in name only. Then it is simply a replicated database with restricted access.