I applaud this effort, especially as a AC Bagholder. The one reason I didn't sell my coin at a loss when the news came out was that I knew the community would come up with a better solution than me taking 10% value of my asiacoin off the exchange.
Before offering my support for this new launch, I want to put forward a few thoughts:
A) I think the first post needs to state whether any of the current developers on this coin are in any way involved in the initial asiacoin. Nobody is going to want to get involved in a project if it has existing ties to AC1.
B) As far as a name, I think asiacoin needs to stay. I like AsiaCoin v2 [AC2] however, the adding V2 seems tacky, and might give a even more negative initial view to new contributors. I suggest the following:
AsiaCoins [ACS]
The coin(s) plural will speak to the initial asiacoin creation to compensate those who had funds in the original asiacoin, and the new asiacoin. (making multiple coins "plural")
This will differentiate the two asiacoins, but will seem like a more natural name.C) There is a major problem with trying to compensate original holders of asiacoin. How do we verify who has legitimate coins, or who has coins from the genesis block? Can anyone verify if the dev ever sold any of his massive originally created coins? if he sold a bunch of them on the exchange, lots of bag holders are holding "dirty" coins. The only real option is to cut off any coins from the original genesis block, even if this means some bag holders get burned by this (I might be one of them). By doing this, we can ensure only properly mined coins will be compensated.
Let me know how I can further contribute to the cause, I will mine this new coin if it comes to fruition.
