I'm interested to understand how user's reputation is derived. I don't want to eat your time, so if you have explained it before or have a link that would be very much appreciated.
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It’s basically a simple combination of the PageRank and TrustRank algorithms, both of which have plenty of resources online.
In short, if you’re followed by high-reputation users, your reputation goes up too. The more trusted users vouch for you, the more trustworthy you become.
That sounds reasonable. I suppose at the extremes it needs people of high reputation to venture deep into the noise to rescue those who sit with a Purgatory of ignorance.