KH Coin is an open source peer to peer global decentralized currency support by Khmer Crypto foundation.
KHcoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The KHcoin blockchain is capable of handling higher transaction volume due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending khcoins.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Miners are currently awarded with 25 new khcoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).
The KHcoin network is therefore scheduled to produce 150 million khcoins.