UPDATE 1: Ryo posted a follow up message on the Twitterank blog.
UPDATE 2: Ryo really was working to create a new type of ranking algorithm for Twitter users.
Earlier today I noticed several people posting messages on Twitter about their Twitterank, a new grading system developed by Ryo Chijiiwa (@ryochiji).
I was fairly busy throughout the day and didn’t stop by to check it out, but now I’m glad I didn’t. If you take a look at Twitter Search, you’ll notice a few peculiar terms trending this evening: Twitterank, Gullible Twitter and My Twitterank.

The first tweet I saw tipping me off that Twitterank was a “scam” was from Jeremy Bingaman (@iowaradioguy), linking to a TwitPic from Nate Ritter (@nateritter) of the source code behind the site.

The commented out message reads:
I am about to ask you for your Twitter user ID and password. You should be afraid. This is where you ask yourself, “Do I really want to find out my twitterank badly enough to give some random dude on teh interweb my account info?” And if that’s not what you’re asking yourself, shame on you.
Hi! Yes, the text you see above was there when Twitterank first launched, because giving away your user name and password to untrusted 3rd parties really is a bad idea. I took it out because it was verbose, and it didn’t seem to deter people.
Though Ryo doesn’t seem to be interested in the usernames and passwords of individuals’ Twitter accounts, he did prove a point, as Tom Chapin suggested earlier this afternoon:

All that being said, if you visited Twitterank today and checked your “score”, first stop and take a moment to change your Twitter password. Then, the next time a web app comes along asking for your login credentials for anything, find a way to verify the people behind it and whether or not they really need those details.
UPDATE 1: The site’s creator posted a follow up message on the Twitterank blog, answering a few questions:
Are you a phishing site? Are you going to steal my account? etc..etc..
No, I am not a phisher. I don’t even store your password. Your password gets used once to calculate your Twitterank, and is never stored on disk or any other permanent storage device. Having said that, people do need to be more careful about giving away their account information. I’m not evil, but the next guy might be.
Why do you need my password to begin with?
There’s some data I use (but not store) that I need to calculate your Twitterank. There are ways for Twitter to make that data available without requiring you to give out your password to 3rd party sites (Facebook, Yahoo! and others have such systems) but Twitter doesn’t yet offer those options to developers. As soon as Twitter adds more secure authentication mechanisms, I’ll switch to that.
Although it seems he actually was trying to create some sort of ranking system, it appears the larger objective was to poke holes in Twitter’s API and therein the security of its users.
He could have gone about making this point in a different way, but sometimes it takes events like this to get people to pay attention.
UPDATE 2: As you’ll notice below, Ryo chimed in and noted he really was working to create a new type of ranking algorithm for Twitter users. We also changed the title of our post to reflect this sentiment. However, with the way this site swept across Twitter and the somewhat ugly feelings people have about the way things went down, I’ll bet that Ryo may have a somewhat difficult time getting people on board to use his apps.