Sort:  

I don't know exactly how an "authority" would be implemented in a decentralized ecosystem. However, I do think that better self-policing mechanisms would be a step in the right direction. On that note, you may be interested in the following initiative. The idea is to reward users to flag abuse, overvalued post, etc


https://steemit.com/@steemflagrewards

By authority, I meant a system by which users can collectively help in keeping spammers and such other content in check. This initiative is actually like what I had in mind.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.029
BTC 56697.29
ETH 2390.51
USDT 1.00
SBD 2.29