Quote from: Breasal on March 26, 2016, 02:59:36 PM

Quote from: T3CLtd on March 23, 2016, 08:53:14 AM

...it is merely a way for the new coin to be fairly distributed and create a sufficient level of vested interest...

I got lucky and just happened to read the thread; others will totally miss the opportunity.

All those who have participated in this thread and are sufficiently active in this forum will be aware of it. It has been discussed for quite some time now. That should be more than sufficient to ensure a high enough ratio of people who will support the network through staking and not simply be drive-by speculators hoping to flip a quick profit and dump on the market the moment it is put on an exchange.

Quote from: Breasal on March 26, 2016, 02:59:36 PM

So what is the app being developed anyway?

That information is not being released at this time. Please do not confuse the app, which is a private commercial project, with the new coin, which is an open-source publicly-owned coin network.

Quote from: Breasal on March 26, 2016, 03:28:31 PM

I only have a mac: does this mean I am unable to obtain a new address for the burn process? Any suggestions on how to get a new address without a Window's machine?

I honestly am at a loss to answer that as I have no experience with Macs. Hopefully somebody else will be able to help with that question.