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RE: Why our way of distributing Steem by voting sucks, why it does not scale and how we can improve this situation
you have no one to report to
Isn't that the essence of decentralization? ;)
you have no one to report to
Isn't that the essence of decentralization? ;)
And also precisely why it would be advantageous for there to be more decentralized moderation on the Steem blockchain. @steemflagrewards is one such example but hardly has enough SP to address the problem on the scale in which it exists. Additionally, there is less of a force that is ready to seek out and downvote whale abuse. That is subject to change once I have an opportunity to build @flagawhale into what I had envisioned.
It's hard to say, the structure of the community in Bitcoin is flat. Not here. However, there are cryptocurrencies which such funds have, e.g. Dash.