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RE: Sample of "nothing at stake" peoples, empowered on 6th day by voting bots!
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
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.