RE: Community-Based Account Verification: The Radical Version by greer184

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· @greer184 ·
$0.28
Sure, accounts with high stakes would find it easier to be verified but unless there is collusion with multiple whales at the top and the minnows votes in large enough numbers, but parties should be represented. If top-level verifiers misbehave, they can lose their jobs and if lower-level verifiers misbehave it puts pressure on the top-level guys to appease their constituents. 

Unfortunately with apathetic voters and disorganized minnows, we already see issues with voting for witnesses that have something other than the status quo in mind. 

But at the same time, if abuse still occurs under this system, it means the stake weight of the community supports abuse. At that point it may just be time to abandon ship and figure a way to establish a fairer way to start a new blockchain that is less susceptible to the problems of early uneven distributions.
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vote details (3)
@andybets ·
$0.17
Thinking about it further, I think as you say, it seems about as good as it gets using any stake weighted system.

Perhaps rather than just having verified/non-verified status though, maybe all users could have a verification score based on their trust quota, and this represents an additional factor in determining their influence over reward pool allocation?

In this way new accounts could work towards improving their verification status gradually, until they have full (100%) trust. So for example somebody with 100SP and 50% trust would have the same influence over the reward pool as somebody with 50SP and 100% trust.

This trust score could also be shown beside all accounts instead of the unreliable Reputation Score we have now.

Thanks for presenting a great idea!
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vote details (2)
@greer184 ·
$0.03
Sure, something like that could work. That would allow newer users to start earning something sooner as they would only need a single lower-level verifier to allow them to start exercising their influence rather than requiring a bunch of verifiers to unlock the privilege of earning.

My only concern is that the lower and lower we go in the verification hierarchy, the more likely we are to see abuse from the lower level verifiers. This would require a vigilant community which we are kind of lacking now. But, I think this is a better compromise if we were to implement this kind of system on the Steem blockchain.
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