I've always wondered if some sort of decentralized, community-led system would be better than the current peer review process.

That is, someone can submit their paper and it's publicly available for all to read, then people with expertise in fields relevant to that paper could review and rate its quality.

Now that I think about it it's conceptually similar to Twitter's community notes, where anyone with enough reputation can write a note and if others rate it as helpful it's shown to everyone. Though unlike Twitter there would obviously need to be some kind of vetting process so that it's not just random people submitting and rating papers.

Open access credits is a fantastic idea. Unfortunately it goes against the business model of these parasites. Ultimately, these businesses provide little to no actual value except siphoning taxpayer money. I really prefer eLifes current model but it would be great if it was cheaper. arXiv, Biorxiv provides a better service than most journals IMO

Also I agree with the reviewing seriously and twice as often as publishing. Many people leave academia so reviewing more can cover them.

Perhaps paid reviews would increase quality because unpaid reviews are more susceptible to corruption