CZ: The initial effect of the voting listing mechanism is good, but the long-term development will tear apart the community and lead to mutual attacks
In response to a discussion about Binance's voting listing mechanism, which was implemented in 2017, Binance founder CZ replied, "Voting started well. But then it kind of tore apart the community, causing projects to attack each other. It feels like a pvp. Preventing cheating is also getting harder and harder over time. You have to keep changing new models. You can still do it occasionally."