Good in its simplicity. Basically, they construct not-quite-but-local hyperfeatures using edge triangles and then compute a descriptor (perceptual hash) for all these hyperfeatures. In this way, you get many features on different scales allowing for retrieving composed images, and, when comparing, use the most informative fragment available.

The big problem is, a moderately complex image can yield n³ triangles, so you have to limit your feature space in a way that would have consistent behavior across transformed versions of the image.