That was a long post, and a lot of comments to read. I was very happy to see the mention of @dustsweeper. I think @kevinwong, if you have not looked at that program, you should. It could be used as an example for your reward distribution sort of. @dustsweeper sort of eliminates the dust vote. The dust level vote only affects the new user, not any one else. By eliminating the dust vote, the vote giver receives their curation reward for voting, the vote receiver receives the intended reward from the vote giver, and @dustsweeper receives a small reward also to reinvest in the content creators of steemit.
Does it work? Yes. Is it effective? Yes. Pick any set of two weeks from my account prior to may 1st, look at the number of vote rewards I received. Then compare that to any two weeks after May 15th, you will be as amazed as I was at the increased amount of rewards due to @dustsweeper.
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