while the failed audit is not a good news, this is important part:
"PoSA v1 is a fully anonymous system according to our audit, but it is not trustless.
It requires the active participation of nodes involved in the transaction. ............This is trust, like masternodes, and we dont want it in our system."
so, the coin is fully functioning anon, but not trustless - just like other anon coins. BUT they want it to be fully trustless, that is why they had the audit and continue to work on it.
This is crazy, we are getting hammered because we want a trustless coin that does not need to have to trust in masternodes for example.
This is the holy grail ffs.
You know when it's "not trustless" means that when you send out coins, it can be stolen by malicious nodes right?