These are "valid" reasons for keeping the source code private for a year? By whose book? Yours? Certainly not by mine. I wouldn't let any other business abscond from its promise to keep open source open source in spirit and practice, why would I let Signal?
This is some underhanded, sneaky maneuvering I'm more used to seeing from the Amazons and the Facebooks of the world. These are not the actions of an ethically Good organization. And as has already been demonstrated by Moxie in his lust to power, he's more than capable of deviance. On Wire vs Signal: "He claimed that we had copied his work and demanded that we either recreate it without looking at his code, or take a license from him and add his copyright header to our code. We explained that we have not copied his work. His behavior was concerning and went beyond a reasonable business exchange — he claimed to have recorded a phone call with me without my knowledge or consent, and he threatened to go public with information about alleged vulnerabilities in Wire’s implementation that he refused to identify." [1]
These are not the machinations of the crypto-idealist, scrappy underdog for justice we are painted by such publications as the New Yorker. This is some straight up cartoon villain twirling their moustache plotting.
So now I'm being sold on a business vision that was just so hot the public's eyes couldn't bear it? We're talking about a pre-mined cryptocurrency that its inventors are laughing themselves to the bank with.
At least Pavel Durov of Telegram is honest with his users. At least we have Element doing their work in the open for all to see with the Matrix protocol. There are better, more ethical, less shady organizations out there who we can and ought to be putting our trust in, not this freakshow of a morally-compromised shamble.
[1] https://medium.com/@wireapp/axolotl-and-proteus-788519b186a7