It’s backed by decentralized voting consensus
Unless I’m remembering incorrectly, you need a ton of eth to partake in eth PoS voting.
"Please don't comment about the voting on comments. It never does any good, and it makes boring reading."
It doesn’t really make sense anyway; if the joke is that the comment is “backed” by the fact that HN users are upvoting it—comment scores aren’t visible to people other than the posters, right? So all we know is that it wasn’t smote into the hidden state.
Etherium is a decentralized model. Its model is an actually inverted hierarchy.