James and team -- Very impressive. And thank you for all your hard work & community spirit. Read black paper and all threads. Bought a nice starting stack of BTCD just as we were lifting off a few days ago. I'm a long-term holder. Can you point me to the most challenging (=negative) analysis - written by credible devs/investors - to your approach and tech? What are the big concerns/limitations etc?
People have been trying to solve the wrong problem and since Teleport solves the right problem, the big criticism is that I am not solving the wrong problem of making a new crypto algo that is anon. The right problem is how to create a way to use crypto that maintains privacy. This is what I solved, I didnt bother to make any new cryptographic maths as there already existed all that was needed.
It is like there is this giant effort of people who all go off to far and distant places in search of the answer and I just go to the train station where they all left from and find the answer right there! Maybe this makes some peoples angry at me, but I dont care I just want to have nice way of making crypto private and I am lazy to make difficult stuff. I just use what I find, here, there, put them together.
I am still waiting for any actual criticism of Teleport that I am not aware of. The creation/extraction is definitely a concern and we must take great precautions there. We are actively searching to hire a credible dev to do a thorough code review. Of course, if anybody has found any flaws in the DarkPaper, I am hoping they will post so we can address it. If there are no flaws in the overall design and the code implements to that design, then it seems Teleport is nice and solid.
I am iterative coding style, so over time the code improves by using new algorithms if necessary. I dont believe any wholesale changes are needed to the basic design, but I am always making mistakes, so if it is needed, then I just write more code to fix it. Whatever issues are found by code reviewer, I will fix them of course.
So, if anybody knows a credible coder who can do a meaningful review of Teleport, PLEASE contact them. We need this as without it people will just have to trust me, and there is no need for this trustpoint as the source is open, we just need to get a peer review. We will pay reasonable fee for the time spent.
James