If I understand it correctly and please correct me if I am wrong, this is NOT a new blockchain but a real open source (under MIT licence) version off RealSolid's solidcoin client.
As you know, RealSolid added a really stupid home made "licence" to his version and pissed of most of the solidcoin supporters and the major exchange. Thank you RealSolid for trying to convert all the mined  solidcoins to asspennies. "Good" job, boy!
 
We have a new Open source client, please use it!