This is a neat. However, there is nothing explaining fundamental operation I can find except the source code itself, and it seems to me that it suffers from pretty serious scale limitations. I.e its ability to deliver on the value proposition in its current form is low.

Also, your proof of work is Sha256 which means that the moment this thing goes live and there is any value attached it won't work. You have to switch to a memory hard proof of work to even begin doing this.

Finally, most of what you are trying to accomplish can already be done using SPV onto existing digital currency networks. Pushing the entire network into the browser doesn't really help. The cynic in me wants to say this is an ICO pump for people who don't know any better.