Why do the coin development stopped?
It hasn't, lots being worked on. Marketing meeting tomorrow, upcoming release of joint wallet with Vericoin and Verium including P2P Anonymous trading. Social media app being developed by third party developer on Android and iOS that uses Vericoin under the hood.
Lots of exciting stuff to come!
What is the social media app all about?
Third party developer is working on a mobile social media app using Vericoin under the hood(won't be like steam, something totally new). He will be developing it for iOS and Android. I've talked to the developer personally and he knows his stuff, over 20 years experience in developing large IT projects. Has worked for HP and Oracle. He won't saying other then that, same with the Vericoin team...their tight lipped. But if Doug is excited about the potential then that peaks my interest.
But all of this could be total BS, so I'm holding my breath.