I have fundamental problem with democratic voting systems. Whatever the general view likes will tend to come on top, hence cat pictures on reddit. The most philosophiycally elegant solution I've encountered so far is the "quadratic voting" (see https://news.ycombinator.com/item?id=9477747), where every user has a limited number of credits to spend per time-period. Every vote will have a quadratic cost.
Assume user has/obtains 1000 karma points a month. If the user merely likes a post or not he gives his 1 vote, which cost him 1 karma. If he strongly wants one post up he can spend a maximum of 31 vote on it. This way the minorities will have also extra influence on the voting process.
The requirements is that each user have 1 account, e.g. maybe by some form of payment for 1000 karma to avoid fake voting fraud. Maybe using bitcoins if it picks up to avoid privacy problems.
Do you think this will hinder the workings of sites like reddit?
Assume user has/obtains 1000 karma points a month. If the user merely likes a post or not he gives his 1 vote, which cost him 1 karma. If he strongly wants one post up he can spend a maximum of 31 vote on it. This way the minorities will have also extra influence on the voting process.
The requirements is that each user have 1 account, e.g. maybe by some form of payment for 1000 karma to avoid fake voting fraud. Maybe using bitcoins if it picks up to avoid privacy problems.
Do you think this will hinder the workings of sites like reddit?