You couldnt even read the first post, could you?

Or still working his minimum wage post at Domino's.

That's wrong though, while Satoshi did make the first transaction to a key controlled by Hal,
neither of them were involved in the pizza purchase by laszlo a year later.

You need to learn reading better.
And of course people here know about it, the purchase took place here (or rather was started here).

Being a terminator/merit patroller (I'll use terminators in my post) is a privilege, and can be taken away from you at any given time.
As there is likely a low amount of terminations (few people able to do it, with limits per person), there should be a collective page publicly showing all terminations (as part of the merit stats).
In first instance, terminators would regulate and check themselves. If a terminator goes out of line, the others report it to theymos and the position is taken away from them/their actions are being undone.

My reply is indeed only indirectly related the OP.
I took this thread to suggest the system as it is one of the threads currently discussing options to reverse merit or introduce negative merits.
It simply was the first thread when I opened Meta that discusses this, so I decided to post in here (instead of opening yet another thread about the same topic).

Theymos.

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No, this would only apply to merited posts. You could terminate a post without merit and thus keep it from getting any merit in the future (as long as you have the terminator privilege),
But keep in mind that the terminations you have are limited, so it would likely be a waste of a termination.
You could not remove merit from someone by terminating one of their posts that isn't merited in the first place.

Reading up on this, I like the idea.
I called the usergroup "merit patrollers" because of something like this. The Patrol page lets you browse posts from Newbies and is meant to ease up reporting/moderation.
A Merit Patrol page could be formed that shows merited pages and eases up merit-"moderation".

The xpub key is a master public key. You can see it as a collective list of all addresses in a HD wallet (both already used and unused).
As the xpub key is a public key, it doesn't allow people to spend funds (you would need the master private key / xpriv key for that),
but it does allow people to listen in on all your transactions and balances, xpub keys are eg used in read-only wallets.

I've suggested a system to introduce "negative merit" through a light/limited way in another thread discussing deMerit/antiMerit.
The essentials of the idea are that terminators can delete merit ratings and thus prevent farming or abuse, maybe not fully, but at least some of it.
The full details of my suggestion can be found over here: https://bitcointalk.org/index.php?topic=2827699.msg28992369#msg28992369

Personally, I'm against a publicly available demerit option. I think, as mentioned several times already, the abuse potential is just way too high.
People currently are worried about possible abuse with the positive merit system, add negative merits, there are many more angles for abuse and malicious actors.
This is however just my opinion and expectation.

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What I could get behind on the other hand is giving a few people the ability to terminate single merited posts.
We could call this group "merit patrollers" (the quickest way would be giving sources the option, but there could be an independent selection forming another group with different users).
This should be a limited ability both in availability (users allowed to do so) and volume (every patroller gets X terminations per month).
Terminations carry more weight than regular merit, and should thus be further limited (the average source size is ~200 sMerit per month, so termination could go at 10% of that, 20 on average).

What do I mean with "terminate"?
Right now, when I come across a post that is obviously spammy and was merited, I cannot do anything about it. I might spot someone farming merit with their alt account, or just giving it to spam posts to troll.
I can report that, I can investigate that, but I cannot do anything against the action itself, directly.
I might give the people involved negative trust for abusing the merit system, but that is only an indirect option and shouldn't be utilized, imo.
The merit is given, the result stays the same. I'm powerless there.

This is a huge difference to the trust system (I dont like that comparison, but it seems near), where I can counter positive ratings with a negative one and the other way around.
So what if I could counter merit? I don't mean giving demerit directly, but rather reversing a given merit rating from other people.

The way I could see this work is that when we have a spam post merited by one or more people, merit patroller have the option to terminate this post.
The merit received (and the sMerit) would at this point be taken away from the user that wrote the post, but not given back to the sender (as a punishment).
A termination would be shown right after the list of merits collected (example "Merited by TMAN (5), SFR10 (2), asu (2), TryNinja (2); Terminated by theymos (-11").
A termination would also mean that the post can no longer be merited.
However, termination are specific to posts, you decide that one post shouldn't have merit, not that one user shouldn't have it

Was there a source given with that info?
CoinDesk cites Bloomberg as source and provides the following numbers:
$533M stolen in total, and 500M XEM (already worth over $500M if we use todays starting price).

125M XRP added to that would mean the total is a lot higher, which seems unlikely, given todays press conference by coincheck.

I just came to say hello.

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(on topic: I do appreciate the way Tman approaches spending their sMerit. Should they run out, I wouldn't mind taking over or supplying them with new ones)

No mention of XRP, the 500M XEM already covers the full amount,
so I assume OP has misread or maybe mistaken XEM as XRP because they are not familiar with it?

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Holy f*ck though, that is a big sum to lose.

Genau, Merit Grenze ist fest bei 1000, die Activity Grenze ist von Account zu Account unterschiedlich.
Naja, so lange kanns ja dann nicht mehr dauern

It's been a day. Just one. Give it a week, or even better, give it a month.
Expecting changes like this to have a noticable impact on all sections of the forum without any delay is odd.

You've made a start. Others who read and enjoy the SD/IT section will follow, eventually.

Das ist so gewollt. Die Verteilung bei erhaltenen Merits ist 2:1 mit sMerits.
Die Verteilung bei den Ausgangswerten lag darunter, Einfluss darauf hatten der Rang, und wie aktiv der Nutzer im letzten Jahr war.
So konnten Legendaries bis zu 200 sMerit bei der ersten Verteilung bekommen, Heros bis zu 88.

I'm not a legendary, am I allowed to agree with them?

You've got 24 hours

Is this the new trick to gain merit?

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It stays. No need to further test.
What also stays is a permanent log of that merit. The log will be made public soon. No private transfers, full disclosure.

Beispiel: Ich will dir 10 merit geben. Dazu benötige ich 10 sMerit, diese werden von meinem Konto abgezogen.
Du bekommst 10 Merit und dazu zusätzlich 5 sMerit.
Mit diesen 5 sMerit kannst Du nun weiter Merit verteilen, beispielsweise 4 sMerit an Person_2, die daraufhin 4 merit und 2 sMerit bekommt.

sMerit füllen sich also wieder auf, wenn du selbst Merit bekommst, und zwar 1 sMerit für jede 2 Merit.

Top to bottom? Ok, so there is
exus, HCP, anakrea, iqi94, franky1, Fattcatt, glennmatthews, Xynerise, hilariousetc, alexanderisora, Coding Enthusiast, TheQuin, curiosity81, SM23031997, peterparker9191, onleines, Dario3000,...
Oh wait, that is not the list of my alt accounts, that's the list of merit I've given. My bad.

So can I...continue posting, ooooor?

I had to zoom out a bit ~ https://i.snag.gy/0L9j74.jpg
If anyone wants to run numbers (not sure what you might be interested in), knock yourself out.

I'd say 70% in this thread and threads related to the new system.
And 30% in the SMAS thread which I've started/maintain.

(For comparison, I have made 123 posts the last 24 hours. I'm excited about this, I want to discuss it. Sue me. not you, quickseller. please not you.)

If you are seen to receive a lot of Merit but not send out Merit yourself, peole would stop sending Merit to you, as that equals burning them.
Eventually, you'd be stuck with those sMerit you have aquired at the beginning, while everyone is participating in rewarding posts.
Or in other words: you'd lock yoruself out from the merit system.
(This assumes the majority of the people participating behaves in a responsible way)