CZ: Initial Exchange Listing via Voting Mechanism Has Been Effective, but Long-Term Development May Fragment the Community and Lead to Attacks

BlockBeats News, March 21st, during a discussion about Binance's 2017 coin listing voting mechanism, Binance founder CZ responded, "The voting mechanism was good at the beginning. But later on, it somewhat divided the community, causing project teams to attack each other. It felt like PvP. Preventing cheating also became increasingly difficult over time. We had to keep changing to new models. Occasionally, it's still possible to do it."