It differs greatly from Hive-Engine due to the fact it's distributed computing on a decentralized Virtual Machine Stack rather than base58 encoded javascript running independently on boxes and comparing hashes. The technical difference is immense.
The goal is to implement a bit of custom code in regards to accounts and addresses borrowing some magic from the Ethereum ENS. Noticed a few forks of ETH were able to use keys similar to what we use here so will hopefully leverage that.