I'm one of the AsiaCoin bagholders. If the dev does not come back with version #2, then we will have to come up with solutions to fix this.
I'm going to start adding names to this list who are bagholders that want this fixed. I'll start with my name.
AsiaCoin Bagholders who wants to see a fix:
CryptoSteam
Nicolaas.R
silencesilence
bluebit25
WildChaser777
istop08
GröBkAz
Maxikosw (Maxikose on freenode irc)
hrt
cjp007
kache
minuchi.str
amit2007gunjan
noobthegreat
EEKman (Lost 3K USD. I feel you. I lost tons myself)
Maestro1
Xuorc
probrian
artem6662
Shkembe
Wolden
probrian
bittcoinn
voisina
jarserk
dirtypolecat
masterboy
nin7672
And see what TokyoGhetto said:
You guys don't need the dev to come back. Let him rot in hell. Asiacoin can still be saved. Create a new blockchain that destroys the hidden premine and have people exchange their coins to the new blockchain. It happened with ADT and with Federation Credits.
Get a bounty together and contact the developers.
by looking at the blockchain and the movement of the hidden premine you can determine where the coins went and how many.
See what micryon said:
There's a couple of ways to fix this to eliminate the premine, but it would be quite a bit of effort. At minimum it would require some kind of transaction/block crawler script that would trace the premine and eliminate it from either a brand new blockchain (that is all valid minus the premine transactions), or through some huge If-statement baked into the new wallet code that blocks those "bad" coins. Basically the equivalent of carefully orchestrated database rebuild... So it's possible since the old code was archived, and we have the blockchain..
But then after that would require someone to rally all exchanges/multi pools.. create a new website, etc..
It will surely take some time.. and I'm not sure that it would all be worth it at this point due to the reputation damage to the coin.