This is quite different. Salvadori's work aims for optimal reduction of the full lambda calculus (which requires something called "bookkeeping"/"oracle"), while HOC works on optimal/parallel reduction of a certain subset of the lambda calculus.

Both approaches have been researched for a long time now, where HOC's subset is typically referred to as "abstract algorithm". For example, a version of the lambdas calculus where any variable can be used at most once (the "affine lambda calculus"), can be reduced optimally with interaction nets without requiring any bookkeeping.

The novel thing about Salvadori's work is that it develops a new (and better explained) bookkeeping mechanism.