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It would allow users who are exploiting the system by creating junk posts and upvoting for a ton of money because they own the account to extract a lot of money from the rewards pool.

Why? My idea was a reward curve which starts as n^2 and then later becomes linear (as explained in my article). That means at least one couldn't exploit it more easily than one could exploit n^2. It would combine the advantages of n^2 (flat start) with linear (no extreme rewards).

I’m not a blockchain dev, but I don’t think that could be implemented as a consensus operation because it is too expensive of a computation to have to perform on every vote.

I am not so sure if computation would be that expensive ... There had to be 'only' a vote counter to switch to a linear equation after a certain number of upvotes per post ... (OK, maybe a few other things as well ...)

You might be right that there wouldn't be any consensus (or maybe also straight rejection of the idea), but on the other side it won't cause much harm to discuss it for some minutes. ;-)

By the way I also wouldn't be angry at all if some of you busy witnesses (hey I voted for 30 of you, isn't that great!) would comment ideas like this one directly under my articles from time to time. :) (At least @felixxx did ...)

There are a lot of discussions on the topic. I'll keep the idea in mind, and bring it up if it seems appropriate.

If you have ideas that you want me to check out, feel free to send me a link on steemit.chat. As long as they are serious proposals and you aren't just link spamming me, I'm fine with you sending links :)

I'll keep the idea in mind, and bring it up if it seems appropriate.

Thanks for that!

As long as ... you aren't just link spamming me, I'm fine with you sending links :)

Oh, how on earth could you know that my preferred hobby is link spamming? OK, I will try not to do it that often in your case. :-)))