Am I missing something, or is this just a rehash of lamport timestamps, which were first described in 1978, and are part of any reasonable undergrad distributed systems course?
It's a pretty good rehash, but yeah, it's a rehash of Distributed Systems 101. In particular, the idea that changes can be propagated eventually but still in order is almost as old as computers, but don't say it too loud. For some reason that seems to bring out the knives in the dark.