I understand the intention behind this, however, I don't see how any community can be totally unbiased. It is simply impossible, and a fee based model would easily be corrupted.
The blockchain is the only middleman that matters in crypto, why would the community need another one? Scams are the more reason why folks should be careful how and to whom the spend their coins. Anything centralized can be manipulated to benefit whoever is running it. A bad idea if you ask me.
Bitcoin was created to cut out the middleman and eliminate the need for trust.
Yes there are hacks and scams happening and decent people are being affected but that is the cost of having a decentralised and open currency we have and enjoy.
I can see the point of the article and it is possible that some form of arbritige could be formed,
What kind of power would they have though?