What is Asiacoin?

Asiacoin is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world.

At the moment of writing, Asiacoin transaction is done and confirmed much faster than Bitcoin transaction confirmed in around 40 minutes

Asiacoin is a PoS-based cryptocurrency http://en.wikipedia.org/wiki/Proof-of-stake

Asiacoin uses scrypt http://en.wikipedia.org/wiki/Scrypt

Asiacoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Asiacoin is also the name of the open source software which enables the use of this currency.

For more information, as well as an immediately useable, binary version of the Asiacoin client software, see https://sourceforge.net/projects/asiacoin

License

Asiacoin is released under the terms of the MIT license. See http://opensource.org/licenses/MIT.

Asiacoin is based on Bitcoin. Its development tracks Bitcoin's, the following information applies to Bitcoin's development.

Development process

At the moment of writing, Asiacoin software is a fork of https://github.com/micryon/AsiaCoinFix

This Micryon source is based on Novacoin as https://github.com/micryon/asiacoin-bc/commit/4a9f028e561db9144046f8a0726fb24d015186a5#diff-e17a534f3f61cc07040bfcf8255237daL55

At the moment of writing, trusted Novacoin developer fsb4000 agreed to continue Micryon work on https://github.com/fsb4000/AsiaCoinFix

fsb4000 is also trusted as a core Bitcoin developer : https://bitcoin.org/en/release/v0.10.1

important latest developments as for May, 24 2015 :

-adding multisig

-adding Tor menu