It does seem that there are a lot of activities to replace/enhance/improve Redis lately. Dragonfly, Garnet from Microsoft, and the BSD licensed Redis fork Valkey, to name just a few. Now this.
Yeah, it's just a happy coincidence that our product release lined up with the Redis license change. We think EloqKV is a way more powerful and versatile product than Redis. It can definitely be used as a simple in-memory cache, just like Redis, Valkey, or Dragonfly. But the real strength of EloqKV is in its full database capabilities: scalability, consistency, and high availability, all the things you'd expect from a modern database.
I took a quick look at the evaluation you did on your blog section, and the numbers look amazing, a little too good to be true to be honest. It must be quite some effort to build this, who are you guys?