No its not a simple how do you put one in, I do not want to be referred to the wiki.
I want to create an element which will burn, however it will not vanish for quite a bit. When the element is ignited, it will burn for something like 5 seconds before vanishing, however it produces fire for those 5 seconds.
I know this is possible but I need help with an idea on how I will do it.
You are very right that it is possible but, the wiki is your best option. I followed the wiki and made a fuse but didn't bother sending it to simon cause I cant figure out how to debug it. Apparantly i'm missing "Debug.exe". But yeah it's entirely possible just follow the wiki, that is the simplest it is going to get for anyone.