This coin is based on latest Litecoin, but it's not a fork. You can get it by mining it. There are a few mining pools. In the original post I've put an info on how to participate in the small pool I've set up.

Some of the benefits of this project were:

a) I am not anonymous, so I won't "disappear" or defraud you
b) I paid the initial infrastructure out of my pocket
c) this coin is not only a coin, but an environment with mining pool, faucet, tools, and a (still) small community
d) I am working on a SHT mobile app for Android
e) also evaluating Lightning Network (check my links from original post)
f) No premine, No "hidden" developer shares like some other projects have
g) I am not mining the coin (it makes no sense to compete with own users)
h) I also write software for a living, so you can expect some quality (or at least you know who is to be blamed if things go wrong)

Well, these are a few things I'd say about this project.

Cheers,