Just as one example if it were up to me the edited version invisible until a panel of moderators gives the edit a +1. If a sub-set of moderators give it a +2 (override) everyone can see who did that. Moderators would have to show real names and their country of origin and current country of residence. A watchdog group must be able to vote out moderators. If users try to overwhelm the moderators then they get perma-banned. I would probably not allow edits from wireless devices. Edits must be treated like changes to the Linux kernel and I want the original abrasive version of Linus back for this but that's just my personal preference.