It says why right in the article: "A blockchain client has to be open-source for the users to predict its behavior."
It says why right in the article: "A blockchain client has to be open-source for the users to predict its behavior."
I looked: https://github.com/iotaledger/wallet/releases
Also, a few user-friendly wallets are going to be released soon, but he chose to not wait? The whole thing smacks of deliberate attempt to fail. He couldn't have made worse choices--unless he had decided to wear a blindfold and rewrite the code.
* the maintainers of the project, who built the executable, and
* that the build process itself hasn't been compromised.
Since a selling point for cryptocurrencies in general is that it's a system that works without having to trust third parties, the argument being made is that it should be easy to build things from scratch.
...and the conclusion that the source is back door free is only relevant if you then actually build the software yourself. You can only assume that the exe was built from the unmodified source code if you trust those who built it.