There is a site called utopia.fans that makes articles about digital security and privacy and one of the products they recommend quite often in their articles is Utopia, hence the name. What is this Utopia? Did you guys use it? Is it trustworthy?
There is a site called utopia.fans that makes articles about digital security and privacy and one of the products they recommend quite often in their articles is Utopia, hence the name. What is this Utopia? Did you guys use it? Is it trustworthy?
Crypto + closed-source + strange look = big BIG scam ahead
Oh dear… this looks real bad.
Yes I’ve also been hearing cautions about it. I had joined up initially to test it but have left it idle for now until more is known about it. One comment I got back referred to Utopia’s FAQ and reasons for not being open source, with the assurance that they would audit themselves:
From their FAQ: Why Utopia is not open source? We may disclose certain parts of code, specifically related to communication and encryption. However, the decentralized protocol will not be released. Utopia is very knowledge-intensive software. A lot of time, effort and resources went into this product, and we do not want to share all of our know-how as it will result in forks which in turn may result in instability of our main network. Fork will lead to the division of the community, while our intention is the unification of the community of like-minded individuals. The bottom line here is that a lot of software is closed source, and this does not hurt them a bit. In addition, we will audit our code.