For that matter, where did the term did:plc come from? Early versions of "did:plc" documentation called it the "Placeholder" DID method, that's what it stands for, to motivate changing it later
Well the docs no longer say that, it now says "Public Ledger of Credentials"
Good backronymn, but...
did:plc is centralized, and that bothers me because once again, users think something is more decentralized than it is, because they're being *told* it's decentralized
The particular way in which did:plc is centralized doesn't bug me too much but once again, few users have read into this