Hughes should be required to actually release it first before any of this discussion happens.
Who made you law maker around here? The same should be said for other cryptos too then, as theres much discussion regarding various aspects of those before they are released, but I don't see you complaining there.
Like I said earlier, ledger/balance sheet vs blockchains are not really an apples to apples comparison either.
Why? If both provide a public record, are secure, provide consensus, what exactly is the difference?
The thing also has to exist in the wild for a while so people can diagnose if the system is functional in the real world. It will then take months or years for people to discover all the miscellaneous vulnerabilities such as Bitcoin faced like faking shares, selfish mining, etc.
Since there is no real finite resource at play here (stake or PoW hash power), the simple act of modifying the client might open big holes.
Oh come on, like this doesn't apply to all software, crypto or not. The presence of POW, POS, POI, or whatever else is completely irrelevant!