Earlier quoted context omitted.
Tell me more about how this solves security problems? (I'm asking, I don't already have an opinion). Why can I trust this service with (say) a zip file full of source code?
It forms an encrypted direct connection between the sender and the receiver. The data never touches anyone else's server and is encrypted the entire trip. Everyone feel free to run a tcpdump dump of the traffic if you want confirmation thats not from the guy who made the service.
I wouldn't have thought to ask that. My original concern was: how do you assure someone like me that an attacker can't redirect files to other locations?