I am not a technical guy, but I know this project has a potential bump to bitcoin protocol application. We are happy to see that there are more and more bitcoin protocol application startups. Never think Bitcoin is just a kind of crypto-currency, bitcoin is more than a crypto-currency. Lots of application could be coming out above the protocol. I would like to list the potential project here:
MSC - Mastercoin, application on top of bitcoin protocol
Coloredcoins, application on top of bitcoin protocol
BTS - Bitshares, new application
NXT - Nextcoin, new application totally different than bitcoin
XCP - Counterparty, application on top of bitcoin protocol
eMu - eMunie, new application totally different than bitcoin
eTher - ethereum, application on top of bitcoin protocol
Zerocoin, new application totally different than bitcoin
If you know more, add to this thread:
https://bitcointalk.org/index.php?topic=428785.new#newand PTS has it's own unique blockchain using proof of momentum hashing or whatever, BTS is not even out yet and how knows when it will be out.
one clone popped up right now since the price got pumped up so damn high for adding what socio-economic value exactly?