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RE: The Rise of STEEM and the Return of the Spammers - Getting Prepared and Requesting to Decouple Flagging and Upvoting Power
As i understood the reason for having the same SP pool for flagging and voting is that you really should think through before flagging content. But a side effect (for me) is that I don't flag anything. I'm positive to having a separate pool for flagging.
You nailed it - the reasoning makes sense, but no-one wants to flag as it is much nicer to upvote (you get rewarded, and it is more positive).