[SolarNet]

It seems closer to bittorrent than anything blockchain related.

Specifically it seems like a better version of bittorrent. It seems to be more resilient that bittorrent, better able to do updates than bittorrent (they apparently promise to have live updates by multiple writers, implying one could host for example a live database in a dat URL), better able to find optimal peers than bittorrent, better security around discovery, a flexible datamodel (e.g. the data being shared does not have to be files and folders, where as bittorrent would require wrapping that in a file, this can allow the transparency through the protocol layer)