1: By using a ternary number system, the amount of devices and cycles can be reduced significantly. In contrast to two-state devices, multistate devices provide better radix economy with the option for further scaling
3: The wallet is secure and does what it needs to do, no, it's not very pretty or user friendly but it works. A new wallet (Trinity wallet) will be released very soon.
2: Why is explained here: https://blog.iota.org/the-transparency-compendium-26aa5bb8e2... - CyberCrypt is hired to review and audit it.
3: The wallet is secure and does what it needs to do, no, it's not very pretty or user friendly but it works. A new wallet (Trinity wallet) will be released very soon.