The time limit on claiming is alarming. That did not produce a happy result with some original stake claimants, though it was their fault, and it could get a whole lot more toxic from people who paid large amounts of good money for their XEM.

I know it’s their responsibility to keep abreast of developments but some people simply don’t do that. You can take the certainty of a fair number of XEM owners falling outside of this time period, no matter how lengthy it is, to the bank and cash it.

Beginning the properly decentralised phase with the possibility of that blowing up is a truly terrible look and could leave a permanent stain.