There are still moderators, but from what I've ready, the idea is they are only supposed to remove spam like ads and such. Personally, I would be interested in an alternative with no moderators, as the community should be pretty effective at policing this with downvotes. But I don't know if that has been tried before or how well it would work.

I'm curious about reddit alternatives. I'm looking into Voat. Are there others that I should also consider?