it's almost certainly the most centralised coin in the top 20 or more likely 500 on coinmarketcap.
i'm kinda disgusted with the crypto scene right now.
It isn't really a question of whether it's centralised of decentralised. Cryptos gain their value from monetary function.
If you look back at how money "forked" in the last 2000 years you can see how this all plays out because the same two monetary priorities manifest themselves: 1. store of value and 2. liquidity
Gold nuggets have held their value to this day but were not too great for carrying around in your pocket. So, cash parallels such as metal coins gained value by virtue of adding portability as a property to certain lesser valued monetary media such as silver and nickel.
The projection of this legacy onto modern cryptocurrencies doesn't arrive at Bitcoin Cash but......Dash. Because all BCC does is fork Bitcoin into a dead end by upping the blocksize which is kind of like shrinking the size of the gold nugget so it fits in your pocket.
Dash on the other hand makes the proper leap to a 'cash' paradigm by addressing all aspects of the crypto monetary medium that pertain to portability without compromising its capacity to store value. In particular:
• it addresses fungibility shortfalls by continuously recycling the coin supply without compromising blockchain transparency (which a true cash archetype does and BCC does not)
• it
addresses the security deficiency at the front end of the confirmation cycle so that 0-conf's are safe for merchants (which a true cash archetype does and BCC does not)
• it supports the decentralised equivalant of an SLA (service level agreement) for aspects of network performance levels by guaranteeing minimum hardware platforms
• it does not rely on external commercial interests (such as banks or venture capitalists) to support its development but structures the blockchain rewards such as to prioritise the monetary value of the token over the equity value of any particular stakeholder
• it correctly recognises that off-chain scaling only leads to increased on-chain capacity demand and therefore addresses on-chain scaling as a priority (which BCC does not other than increasing the blocksize which is not a comprehensive solution)