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RE: Why Steemit will become the new TV (and this is bad) and how to avoid it
Yes in part, I explain the full net idea here https://medium.com/@rodomonte/decentralized-reputation-answer-to-ob-892d159cdb74 not so different from normal wot.
tldr: as you say but add transitivity (according to a personal algo constants), like i trust you 10 you trust b 10, so i trust b 7.8 according to my algo (this way you extend your data on a long part of total network and have near full coverage)