Clone elastic?

NO, MyShare is derrived from nxt-client-1.1.6, you can see at the changelog:
https://github.com/myshares/myshares/tree/master/changelogsPlease, tell me in two sentences what the project is?
The project purpose is: Freeing you from expensive fees for all transactions as low 0.1 MYS, which means we REBEL against NXT. You can google what is NXT Coin.
You can do forging if you have 1 MYS effective balance.
You can release your asset with fee as low as 300 MYS.
Please try to use the test online wallet.