Security concerns in Firechat

Firechat is a secure wireless peer-to-peer chat app:

Firechat is theoretically resistant to the kind of centralized surveillance that the Chinese government (as well as western states, especially the US and the UK) is infamous for. Phones connect directly to one another, establish encrypted connections, and transact without sending messages to servers where they can be sniffed and possibly decoded.Firechat has security issues.