I was thinking about something like this but I think it’s ultimately not enough. You have essentially just two possible ends stages for this:
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you only trust people that you personally meet and you verified their private key directly and then you will see only posts/interactions from like 15 people. the social media looses its meaning and you can just have a chat group on signal.
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you allow some length of chains (you trust people [that are trusted by the people]^n that you know) but if you include enough people for social media to make sense then you will eventually end up with someone poisoning your network by trusting a bot (which can trust other bots…) so that wouldn’t work unless you keep doing moderation similar as now.
i would be willing to buy a wearable physical device (like a yubikey) that could be connected to my computer via a bluetooth interface and act as a fido2 second factor needed for every post but instead of having just a button (like on the yubikey) it would only work if monitoring of my heat rate or brainwaves would check out.
that is an interesting idea. still… you can create an account (or have a troll farm of such accounts) that will mainly be used to trust bots and when their reputation goes down you throw them away and create new ones. same as you would do with traditional troll accounts… you made it one step more complicated but since the cost of creating bot accounts is essentially zero it doesn’t help much.