I'd highly recommend looking at our peer-reviewed research papers at http://blockstack.org/papers. We've been obsessed with performance and scalability and 3-4 years of research, engineering, and hard work went into this.
We already have enough money and are grateful for having investors like Union Square Ventures, Naval Ravikant, Y Combinator, SV Angel, Lux Capital, and others who share our vision. Building a truly decentralized internet will take years/decades and we're looking forward to growing our open-source community that can take on this grand challenge.
Thanks for the link! This kind of project is really exciting, so I'm sorry if the nitpicking detracts any from your awesome aspirations :-)