To be clear, with the launch of V4, Harbinger will be a complete version of Koinos mainnet with all the features that will make it the world’s first truly free-to-use, truly decentralized, and truly evolving L1.
I have doubt's in the word truly decentralized, we know this isn't true for the blockchain project which is very new.
IMHO, Bitcoin and Hive are the only blockchain projects who already achieved this because it has no central authority like entity or company.
As for what we have seen on Hive, it took us 7 years to achieve the word decentralized thus not to be subjected from the billionaire takeover.
The 7 years of hard forks, dramas, battle, token distribution and many other that sums up on what we enjoy on today's Hive truly decentralization.
Can someone enlighten, I am not sure what I am missing here.
The more decentralized solutions we have, the better. "Truly decentralized" is indeed a big statement. We use it to refer to Hive as well. Perhaps, there aren't any networks that are truly decentralized. Not even Hive, not even Bitcoin, not even others. At least some have this as the goal and come closer to decentralization compared to others.
But also, the steps Koinos has taken from the very beginning do emphasize the intentions and mechanisms in place to make it a "truly decentralized" platform. Even the choice of consensus mechanism as proof-of-burn is evidence of that. That said we will know how decentralized the network is once we have the mainnet up and running. So far things look good.
Here's why #koinos will have greater decentralization from launch than most or all other chains (aside from maybe BTC) with launch: the initial distribution and proof of burn. There wasn't a pre-mine, ICO, or development fund. Just pure mining open to everyone at the same time. Since this initial distribution was done as an erc-20 on Ethereum, people also sold tokens they mined on uniswap over the last two years. Because of this, the initial distribution isn't lopsided and starts out in many different hands. Because it requires burning Koin to mine new Koin, everything is pre-slashed (unlike PoS) and the network can't be taken over by someone who simply holds the most stake (also unlike PoS). They would have to burn their stake and actually produce blocks for a very long time before getting their stake back.
It's most similar to PoW on bitcoin except miners are paying for mining up front in a virtual way instead of buying mining equipment and using electricity.
That's why they are using the term "truly decentralized".