Quote from: Maestro1 on May 07, 2014, 01:19:26 PM

Quote from: maxsinner on May 07, 2014, 01:11:37 PM

Quote from: Maestro1 on May 07, 2014, 01:08:42 PM

Quote from: maxsinner on May 07, 2014, 01:00:55 PM

So what is to prevent the original developer from selling more coins from the premine as we speak? Are you rolling back the block-chain to some point in the past or what, I don't get it?

The new wallet already voided his coins and there are no exchanges now that accept deposits. If he moves his coins around before we release the wallet, all those transactions will be invalid for the people using the new wallet, including the exchanges.

So what is the exact point of time from which transactions on the old block-chain are voided and will not transfer?

Only transactions from the wallets of the original developer (which holds the premined coins) are voided in the new wallet. All other transactions will remain valid regardless. However, people must upgrade to the new wallet when we release it to make sure that they are on the right network/blockchain if the original developer decided to mess around.

What about the name AsiaCoin? Are you going to keep it just because it's fancy or are there now actual plans about Asia and this coin?