Omemo.com - Open Source Social File Storage

Omemo is an open source storage platform. It’s based on peer to peer sharing. First you’ve got to download Omemo to your computer. Next, in order to take advantage of the service, you have to chip in yourself and share some of your extra free space. You’ll then have access to ‘the world’s largest multimedia library’ and as files are stored in cyberspace and not your hard drive, you won’t have to worry about size limits. Think of it as a P2P hard drive. The download is light at 4.35 MB. It allows you to access your files from anywhere in the world, publish content and browse through other people’s published goods, and you can vote and rate items. All content is anonymous and to ensure privacy and democracy, no one community or authority controls the content. Other features include community filtering, persistence which means no files can be altered or erased, and categorical organization. Omemo is available for Windows only at the moment.

“Omemo is an open source social storage platform.
Store your files online, share your stuff and browse what other users store in the world's largest multimedia library: The Omemo peer-to-peer virtual hard-drive.”

By using the resources of the community, Omemo solves the problem of bandwidth. The network is huge—it could host endless copies of the entire Wikipedia website. Users will have access to all their files from anywhere in the world with an internet connection. All submissions are anonymous and community controlled, so you won’t have files taken down by administrators etc.

How secure is this? How does Omemo handle larger sized files? How long is upload time generally? Are private folders available?