Edit: obligatory explanation (thanks mods for squaring me away)…
What you see via the UI isn’t “all that exists”. Unlike Reddit, where everything is a black box, there are a lot more eyeballs who can see “under the hood”. Any instance admin, proper or rogue, gets a ton of information that users won’t normally see. The attached example demonstrates that while users will only see upvote/downvote tallies, admins can see who actually performed those actions.
Edit: To clarify, not just YOUR instance admin gets this info. This is ANY instance admin across the Fediverse.
In reality, this will be the end of small instances. Only feasible way to enforce this is federation whitelists, and it will be very hard to get whitelisted. Not necessarily a bad thing in the big scheme of things when we weight the positives and negatives, but still sucks for anyone “self hosting” an instance.
True. Any random unverified instance could be set up just to harvest data from the Fediverse.