One question; what protections are in place to prevent some of the problems which plague user aggregated links (which are selected/ranked according to votes)? Is there any anti-vote cheating mechanisms in place? Anti-Spam measures?
One of the biggest problems that digg (RIP) and reddit have been fighting is organized groups of people (and/or their sockpuppets or network of bots) voting up their own links. Everything from SEO companies, marketing agencies to just plain old greedy spammers all attempt to game the system. There's quite a monetary incentive to reach reddit's front page and people have been abusing the system for over a half a decade now. What keeps those people in check, those who discover ways around or through their automated anti-vote cheating code (which is the majority), are the moderators. They're the fail safe. Having the entire thing decentralized removes the mods from the equation and your fail-safe as well. That's the problem; removing the mods may give you slightly less censorship, but you're not accounting for all the good things that come with having mods.
I don't mean to be cynical about this, but I do know for a fact this will never be more than a small experiment. I know this because if this ever got popular, I'd abuse the shit out of it myself and I have little to no incentive too. I can't even begin to imagine the abuse level from people with an actual motive.
You can only abuse it as long as you have points. With Reddit (or systems like it) you have no limits - for instance, you could upvote all content on the front-page every hour. On the other hand, with this Kudos system, you would run out of points rather quickly if you did that.
I agree, as others posted in this thread, that there are many other problems that need to be addressed. Frankly I don't know if a p2p network system can even be built to address all issues - social voting networks based on reputation are rather complex.
However I hope to have shed the light on some interesting properties that can be achieved by combining the decentralized aspects of DHT keys, with the consensus features of a blockchain. Moreover, the idea of of using cryptocurrency tokens, for things other than currency, is a field that needs to be explored more.
> You can only abuse it as long as you have points.
You seem to be implying that this is some sort of road block or hurdle for those interested in gaming the system. Unfortunately, it's not even a speed bump. I think you underestimate just how resourceful and clever these people are. I'm a mod of a few large subreddits on reddit and I can assure you, "having points" is no more a hurdle to them than saying "on reddit, you have to have an account to vote".
One of the biggest problems that digg (RIP) and reddit have been fighting is organized groups of people (and/or their sockpuppets or network of bots) voting up their own links. Everything from SEO companies, marketing agencies to just plain old greedy spammers all attempt to game the system. There's quite a monetary incentive to reach reddit's front page and people have been abusing the system for over a half a decade now. What keeps those people in check, those who discover ways around or through their automated anti-vote cheating code (which is the majority), are the moderators. They're the fail safe. Having the entire thing decentralized removes the mods from the equation and your fail-safe as well. That's the problem; removing the mods may give you slightly less censorship, but you're not accounting for all the good things that come with having mods.
I don't mean to be cynical about this, but I do know for a fact this will never be more than a small experiment. I know this because if this ever got popular, I'd abuse the shit out of it myself and I have little to no incentive too. I can't even begin to imagine the abuse level from people with an actual motive.