Zhao Changpeng: The initial effect of the voting mechanism for listing coins is good, but long-term development will tear the community apart and lead to mutual attacks

ChainCatcher message, regarding the discussion about the voting mechanism for listing coins implemented by Binance in 2017, Binance founder Zhao Changpeng replied, "The voting started off quite well. But later it somewhat tore the community apart, causing project teams to attack each other. It felt a bit like pvp. Preventing cheating has also become increasingly difficult over time. We need to keep changing the model. Occasionally, it can still be done."