What is Protoblock?
explainer video coming soon
Light Mobile Client
The Protoblock mobile apps for Android and iOS provide a convenient way to play the Projections Game and access to fantasy data and projection data information.
Desktop Full Node
The Protoblock desktop apps are full-featured dashboard nodes providing extensive access to all games and associated information.
Live Data Feed
The ticker and the leaderboard steam live data from the Protoblock blockchain. The Ticker reflects the price quotes for the Fantasy Smart Contracts in the DEX. Follow @prototicker to stay on top of the latest price changes. The leaderboard reflects current overall projection leaders.
Protoblock is a decentralized public blockchain for sports fans created by sports fans and powered by sports fans. The blockchain is owned and fully controlled by the community.
Coin Generation & Distribution
100 FantasyBit coins are generated per 1 PPR point during each NFL game. 100% of generated coins are distributed to users based on projection accuracy.
This is where your Fantasy Skill shines. Anyone can make projections before the kickoff any NFL game, but only those with real skill will rise to the top of the leaderboard.
Trade Individual Players
Bet on or against any NFL player on the 53-Man Roster on Weekly or Season-Long Contracts.
Hedge Your Bets
Hedge your large-stake Fantasy Football line-ups on Protoblock.
Get the latest news on every NFL player based on market price changes.
Follow @Prototicker to get the latest news right on your Twitter feed.
Check your FantasyBit balance and transfer FantasyBits using Protoblock Name Search.
You can explore the entire blockchain, confirm transactions, and check the latest activities on Protoblock.
White Paper Ver. 2
Web Application Updates
Atomic Bitcoin Exchange
Frequently Asked Questions
Protoblock is a public blockchain driven by decentralized consensus on professional sports results. Protoblock offers a platform for monetizing professional sports knowledge by making projections and trading forwards contracts. Protoblock harnesses the value of knowledge by combining blockchain technology, professional sports, and futures trading.
To put it simply, blockchain technology solves the impossible problem of reaching distributed consensus named The Byzantine Generals Problem proposed by computer scientists in 1982. Geographically distributed generals are unable to reach consensus on the time of attack on an enemy city without a centralized authority (AKA oracle) in an event of a traitor among them. A successful case of blockchain is the ability to agree on ‘the time’ without an oracle to ‘announce’ the time. Instead, the generals would be able to communicate with each other through messengers and agree on the time, even if there was a traitor among them. Blockchain technology solves this problem probabilistically with a consensus algorithm, called Proof-of-Work.
In the case of Proof-of-Work, the network comes to a distributed consensus by using SHA-256. Once the needle in the haystack is found, anyone can independently verify its legitimacy by putting it through SHA-256. Protoblock replaces SHA-256 with professional sports. Users make projections on professional sports and the generation and distribution of token is based on the results of the game. Once the game ends, anyone can watch the game and independently verify the results without a centralized authority. The results of the game is comparable to SHA-256 output. Similar to SHA-256, the security of the blockchain relies on the fact that the output, or the result, cannot be predicted easily in professional sports. In Proof-of-Work system, more computing power means you have a better chance at finding the output. In Proof-of-Skill system, more professional sports knowledge means you have a better chance at accurately predicting the results. We consider this knowledge ‘skill,’ hence the name, Proof-of-Skill.
By using professional sports, Protoblock provides an energy-saving alternative to Proof-of-Work systems. In addition, the reliability of professional sports has been demonstrated. Not only has humanity been coming to consensus about the results of professional sports results since the Roman times, the phenomenon of professional sports has already been harnessed by the 70-Billion Fantasy Football industry since the 1960s. Billions of dollars have been distributed according to the rules of each league based on the results of the game without an centralized authority. Protoblock is modernizing the industry by utilizing blockchain technology.
Distributed network protects against vulnerabilities of having an oracle. Since there is no head to cut off, the network is resilient against attacks and traitors. Fantasy Football community already reflects a distributed network, as many leagues exist without a central authority.