I gotta be honest, I'd very much like the security of this coin be reviewed by an expert. Especially the cryptography and the algorythm.
We got one already, their name is Qora.
Don't you remember the problems at the beginning of NXT, people losing coins, version after version coming out and coins stuck on Dgex? If you are concerned do as the developer says and don't trade. But I don't see how your every whim has to direct the early development of the coin jsut to satisy those who want to have no risk in a a project that is always going to be high risk at first. Sit on your coins and go trade something else for now.
I believe your kind of comments and similar attitude from others are potentially destroying the coin at this early stage.
I am qora holder and think qora is great, but please don't compare it to NXT.
NXT was never fully closed source with obfusicated source. BCNext did talk about his algo from the start and even told cfb everything and sent him the sourcecode to review it.
I don't even mind the trouble with forks at this moment, they are irrelevant in the long run.
What I care about is if the security is implemented correctly with this coin and not even qora knows that because a single person can and will always miss things. Even if he is the most genious person in the world.