So I noticed it says unused Merit can be decayed at some point in the future - What's the point of this?
Unused sMerit (sendable Merit). I think it's supposed to incentive rewarding others with merit and punish those that hoard their sMerit.
The merit system works only if people actively use it, else everyone is stuck at their current rank.
I wish there would have been some sort of option of giving dislike (-ve merit) to the spam/LQ posts and if any post receives certain -ve merits/dislikes,it should be automatically deleted /hidden
Given the concerns about abuse even with only positive merit, I dont know if I would support that.
There's a whole other level to possible abuse vectors when adding negative merit as well, that can decrease somebodies rank.
I agree , the negative merit can be use for vengeance propuse , or simply to put down people from a rival coin. In the long run , people with the better post will standout .