It's a pretty neat idea.. though the fact that it is staking based raises questions of centralization. A few whales with a vast stake of IQ could basically collude to, in all effect, take over the site.
The same could happen on steemit. Like.. imagine if a group of whales went around downvote killing the accounts of political dissidents, etc.
I feel like pow and pos are equally vulnerable to being conquered by the rich.
Maybe xrp consensus is the way? I dunno
Posted using Partiko Android
Actually the same is happening on steem ;-)