The article neglects to define "DHT" before using it.
Its algorithm is very elegant, using binary search on peers' and torrents' hashes, narrowing down to peers that are more likely to be seeders (or at least know some).
No it doesn't. Before you try to correct me, the abstract never counts ;)
One search tells you what DHT in the context of wikipedia is: https://en.wikipedia.org/wiki/Mainline_DHT
For some reason it's fashionable on HN to promote douchily obscure posts, and condemn those who call for better.