I understand your concern. The roleplay nature of the server as well as certain administrative concerns forced us to take this route early in the life of the server. There is no committee involved however, anyone may freely start a faction. They must simply find two other members and choose an alignment or the faction is deleted come Monday purge. (Repeating the process is allowable but frowned on.
Besides this there are notable and trustworthy shipyard factions, and many other factions where your builds would be protected.
I would prefer that schema put in something like a biometric lock deactivated only when overheating, but that's outside of the scope of my control, so I do what I have to.