The algorythm cannot be considered secure until it has been peer-reviewed. They refuse to release the algorythm for review, simply saying that "you can't break the code" therefore "it is secure".
This isn`t strictly true. Don Wood (spit) has actually released the algorithm details for review. It`s just that no-one considers it even worthy of looking at. I wearily downloaded the details then realised I had better things to do than sift through pages of pompous self important drivel about "software one time pads." Datacomms Technologies web authoring and data security Paul Bradley, Paul@fatmans.demon.co.uk Paul@crypto.uk.eu.org, Paul@cryptography.uk.eu.org Http://www.cryptography.home.ml.org/ Email for PGP public key, ID: 5BBFAEB1 "Don`t forget to mount a scratch monkey"