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> For example, if the #1 person believes something is being said that is really damaging in some way, they could put at stake the entirety of their karma and downvote it, which would pretty much obliterate the comment.
We are building a P2P network with subjective moderation [0], so while we don’t know what works yet (we’re experimenting) I can at least tell you why this doesn’t work. The issue is that this creates an even more direct USD/upvote market in which users are incentivised to the max to harvest as much karma as possible (with cat posts) and then sell them to the highest bidder, which would invariably be people who have a lot to gain from a certain piece of information being hidden. In essence, if you make karma spendable by more than one per post, you up it’s monetary value 100x, and given that even at 100x it’s worth so much more to PR teams, all you will ever see is going to be propaganda on your platform’s front page.
[0] https://getaether.net
Note sure what you mean by "a new metric".
Sorting by "controversy" has been an option on Reddit for a long time. Most people won't use this option, but it exists.
The formula is here: https://github.com/reddit-archive/reddit/blob/753b17407e9a9d...