Muse protocol: encrypted bytestream “email” for IoT (and beyond)

I'm actively developing a network protocol for secure end-to-end datastreams between any objects connected to the same physical network. It's conceptually reminiscent of email in that you register an address and then use it on any provider, can have multiple addresses per machine or access the same address on multiple machines, etc. I've been building off work by IPFS (http://ipfs.io/), with an eye on future compatibility with distributed systems like ethereum.

I just finished a reasonably decent draft of the whitepaper (https://github.com/Muterra/doc-muse/blob/master/whitepaper.m...) and would love some feedback. The yellowpaper explains much more detailed implementation, but is in a pretty rough state (absolutely not even draft quality: https://github.com/Muterra/doc-muse/blob/master/yellowpaper....)

Cheers and thanks!