But notarization is the same. Apple isn't vetting notarized apps before they're distributed. All it does is impose a cost on the developer, who could still for all you know be a member of the Russian mafia. Or any random developer who has had their machine compromised and then used to sign the compromising party's malware.
It doesn't get revoked until somebody identifies the code as malware. It's the same reactive process as malware signatures.