The plan is to patch the existing AsiaCoin.. along with the security patch that will enable trading again on exchanges, there will also be a change to the POS reward decrease schedule.. that will go from 100% -> 1% over 4 years in a gradual slope (kind of like block halving).

But just so this is clear without ambiguity: We're retaining the existing/original AsiaCoin network.. There is no new coin.  The coin network never died... it was just barred from being on exchanges.  We are fixing that.

There is a new client wallet update along with a security patch and some other improvements.  Don't need to delete or throw anything away yet.