This Delta is heavily modified Kossel derivative which uses DC motor powered servos instead of stepper motors developed by team led by mad.hephaestus.
On each axis is a small board containing a magnetic encoder, and a continuous rotation servo. With this setup, the makers are able to get 4096 steps per revolution with closed loop control that can drive the servo to with ±2 ticks.
The electronics and firmware are fully redesigned configuration when compared to the usual 3D printers. The motherboard uses a Pic32 running at 80MHz. In parallel with hardware, the communication between the host and printer has been completely redesigned, instead of g-code, the team is using the Bowler protocol for sending packets over serial, TCP/IP, or just about any other communications protocol you can think of.
The final aim is to create much cheaper powerful 3d printer that would cost in 200 - 300 USD range.
Project on hackaday.io:
http://hackaday.io/project/962
GitHub repository:
https://github.com/Technocopia/ServoStock
Here is a video about closed vs. open control systems:
Here is a link about differences of DC vs. servo vs. stepper motors:
https://www.modmypi.com/blog/whats-the-difference-between-dc-servo-stepper-motors