Ok, I suppose it is similar in a way, but you still see and have always seen questionable posts being handsomely rewarded. Also it is different when you write a post for a community minded project that has guidelines, nudging will be more effective.
I see this becoming like a network. People being rewarded for verifying transactions is not new, but rewarding people for submitting and verifying transactions of truth on a decentralised network is pretty unique in my opinion.
Yes, censorship happens in the form of having your rewards reduced but if you know what you are doing to be right then you never stop doing it, regardless of how many numbers are next to the $ign.
This blockchain is different to me, there are not many truly decentralised networks. Bitcoin is one, and correct me if I'm wrong but hive is the second. Anyway, it's not the blockchain, it's what you do with it.
When I first heard of this initiative I was also trying to poke holes in it, but then I realised it's potential. The current fact checking sites are centralised and they are mostly funded by big tech and bill gates. Having a network of fact checkers who are truly independent and have no vested interest is the only way in my opinion. Just like bitcoin transactions must be verified by various computers so too should the truth.
But it's not a computer algorithm you're suggesting be put in charge of "the truth", it's people's opinions, bias, and beliefs. If Bitcoin ran that way it would fall apart.
I'm glad you're excited. I guess I will have to see it in action to understand it.