"Our goal is to build a sharing tool that lets you move big files, and big ideas, freely. Without surveillance." [1]
Unfortunately without proof this sort of marketing sounds like "give us all of your data, we won't look, we promise."
... I may be a little cynical because I like the idea of decentralized sync.
[1] http://blog.bittorrent.com/2013/11/05/introducing-bittorrent...
Then BitTorrent came along and bought it. On one hand I'm really happy for the dev, but on the other hand it was the start of a steady decline of both the quality and the ethics. BT does some really interesting stuff, but I really wish they wouldn't pee on their own parade with all those uT ads and bundling.
Are they planning on open sourcing the code at a later date or have they simply kept quiet this whole time, hoping the issue will go away?