You say altcoins are in the toilet because of projects like this? Projects that look for real world applications for the blockchain where it is a natural fit and easily implemented?
...scrypt - 1 minute blocktime ... says all ...
it's not ment to be here next year and everyone knows it. Why do i even need to point it out?
Sorry, I failed to address this bit of your post, and this shows your lack of understanding more than anything
Scrypt -- yes scrypt because there is already open source out there for some of the tech we need for EventHub, that is based on Scrypt. It will save time and money
1 min blocks -- yes conscious decision because vendors and users don't want to be hanging around waiting for confirms in real world usage.
Both of these decisions were made for very real conscious reasons that will help the project. I don't understand why you would have an issue with either of them.