I've been watching to some youtube videos and listening to some podcasts related to stellar and I have a few follow-up questions.
1a) It seems like putting assets on stellar is centralized, since the issuer gets to decide which validators call the shots. So why put a centralized asset on a decentralized platform? Is it for the decentralized exchange built into stellar with order books, being able to easily pass around assets to anywhere in the world? Still it seems the advantage is that it is more transparent, maybe?
1b) Also, how similar are these assets to tokens on other networks (like ERC-20s for example.)
2) Supposing there is a BigBank that wants to put the local currency on stellar called BigBank Dollar (BBD). In one of the talks, someone said that BigBank will choose or whitelist all the validators that get to decide the validity of any BBD transactions. Is there any reason for non BigBank validators to validate or even care about BBD? Or is BBD essentially just going to be tracked by the chosen validators / agents or partners of BigBank.
3) Are there any validators that are trusted by all other validators (or most other validators) and is this a risk of centralization? For example, if there was one trusted validator that everyone trusts, couldn’t that validator go rogue and corrupt the network? So would it make sense to have safeguards such as max number of other validators a validator can trust?
