BitSharesX is not centralized, please perform some due diligence. BTSX has taken the expected correction after a huge gain in value.
A few links for you TaunSew:
Non technical overview of BitSharesX
https://bitsharestalk.org/index.php?topic=7628.msg101320#msg101320
Start here to read the background on DPOS algorithm:
http://wiki.bitshares.org/index.php/DPOS
Continue here to read about the security and simplicity of sending to names instead of addresses:
http://wiki.bitshares.org/index.php/TITAN
Listen to this episode from a few weeks back:
Let's talk Bitcoin! episode 129. Starts around 12 minute mark with the lead dev Dan. Great listen.
http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-129-dogeparty-and-delegated-proof-of-stake
Which leads to the asset exchange:
http://wiki.bitshares.org/index.php/Bitshares_X
Finally finish up with this to really get you thinking about where bitcoin ideology will go:
http://bitshares.org/overstock-to-cryptostock/
With all the above were just scratching the surface of possibilities.