Yeah, exactly, the intend is to centralize the system. Definitely. That's what Blockchain is about. Allowing huge stakeholders to control all the witnesses, that's not absolutely the reason why DPoS is so widely criticized. I don't want one person one vote, I want 10 votes. I stated that pretty clearly.
And no, I don't think it will result in splitting up stake. I don't think Pumpkin would split up his stake for this, nor do I think blocktrades would.
RE: Democratizing Steem!