Community notes is one of the most thoughtful and innovative features to cone out of Twitter.
It provides a model for fact checking of content across a breadth of topics regardless of importance of the topic which means you end up flagging both big lies like election misinformation but also small lies like rise & grind grifters posing besides rented cars claiming to be millionaires.
Centralized fact checking via companies like Snopes aren’t going to catch the latter. https://vitalik.ca/general/2023/08/16/communitynotes.html
