What I did not get is, how this thing is still connected to STEEM blockchain. Looks like it is not a fork but a some kind of container in STEEM ecosystem.

Edit: OK, I got it and I do not like how it currently works. It does not separate the PAL token power from STEEM and drains my RC vote pool. So, it is not usable as a separate network. You have to choose between PAL or STEEM.