It sounds good, but how do the LN app impliment it and their benefits out of staking? Bit complicated for proof of work.

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I have no idea … How is it done on Binance staking ?? Atom/cosmos, Hive, Blurt, Steem, Tron etc etc ….

In Binance it is a Centralized exchange, it uses the coins that we stake for validation, hence become validator. Or it lends out the coins for the costumers who wants to gamble in Binance through margins.