this post was submitted on 20 Jun 2023
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Sadly, this may signal the end of open federation. I can't see how trust by default is going to work long term.
This is one place where 2-of-3 multisig crypto could truly excel. If posters were required to have, say, $5 in XYZ per account per site, but that $5 will get you access to every site on the fediverse AND you can withdrawal it whenever you want, but it will close your accounts. Like a $5 participation escrow. Spammers could still spam, but they'd need to have $5 per account created to do so. I'm sure there are pros and cons to this, but it is technologically feasible.
This is a really interesting approach to this!