pc has .exe - Mac has ???

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Ok ive been trying to look it up and all but cant find anything but "Mac's cant use .exe". Ok.. i get that.. but 'what' do they sue then? are there even extensions on mac? Are they just file names and it knows the type by its header? Im wondering because i want my program to be compatable with a mac and i at least want to 'understand' what it does. I know Blitz max can create mac apps but id like to tell the diff.

THanks all!
Eddy