Fix Reddit with Bitcoin

Re:Fix Reddit with Bitcoin by pjc50 on Monday July 06, 2015 @04:37AM (#9837645)

How does content moderation by group moderators and content removal work? This is actually the critical question. You need to stop groups destroying other groups with brigading. You need some means of removing doxxing attempts or you're going to get used in someone else's proxy war with SWATting.

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Re:Fix Reddit with Bitcoin by c_prompt on Monday July 06, 2015 @09:15AM (#9838848)

If you charged very small transaction fees (for posts, comments, upvotes) and charged higher fees for downvotes, you wouldn't completely eliminate the problems but you'd reduce them significantly as it would now cost something real for abuse.

For example, if an upvote cost 1 karma (putting aside for a moment what that translates to in bitcoin) and a downvote cost 2 karma (but also removed 1 karma from the OP), there would be a large disincentive to brigade. Similarly, if a post cost 2 karma to add and a comment cost 1 karma, spamming would be significantly reduced.

As far as doxxing attempts, every new user could be required to pay a "security deposit" (similar to when you rent an apartment). If you break any of the ToS, you immediately lose your security deposit. To get your security deposit back, you close your account.

Finally, by using small transaction fees (and collecting fees for downvotes, as the operators would get the 3 karma for each downvote), now you have something to reward moderators with.

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