Byzantine Fault Tolerance in Prediction Markets
Adapting BFT consensus to adversarial validators and conflicting event states at sub-40ms finality.
Real-time probabilistic consensus for predictive markets
Institutional-grade infrastructure built for compliant predictive markets — cryptographic finality in under 90ms, embedded across 47 regulatory frameworks.
99.42%
Consensus
< 90ms
Latency
840+
Markets
[ DATA PIPELINE ]
Probex's four-stage processing architecture transforms noisy, multi-origin predictive feeds into cryptographically finalised consensus states in under 90 milliseconds end-to-end.
Multi-source event streams from prediction markets, liquidity pools, and sentiment oracles are ingested in parallel. Each packet is timestamped at receipt, validated against schema checksums, and queued for normalisation — no data touches consensus without a clean signature.
Ingestion Latency
< 14ms
Sources Active
840+
Packet Integrity
99.97%
Ingested streams are resolved against Probex's unified schema layer. Conflicting signals are probability-weighted using a rolling Bayesian calibration model. Stale events are expired on a per-source TTL; recency decay functions ensure the consensus state always reflects live market reality.
Normalisation
< 8ms
Calibration Cycle
50ms
Decay Precision
±0.03%
Normalised signals enter the core Probex consensus engine — a distributed probabilistic voter that resolves multi-party event states with cryptographic finality. Quorum thresholds, deviation bands, and outlier rejection rules are enforced deterministically before any state update is committed.
Consensus Precision
99.42%
Quorum Latency
< 22ms
Finality
< 40ms
Every committed state transition is routed through Probex's compliance guardrails before reaching end-consumer APIs. Jurisdiction rules, exposure caps, and mandatory reporting triggers are evaluated in-band. All outputs are written to an immutable audit log with full provenance tracing.
Gate Latency
< 6ms
Audit Coverage
100%
Jurisdictions
47
[ PROBEX ARCHITECTURE ]
Probex separates concerns into three independently verifiable layers — consensus, compliance, and liquidity — each with its own failure domain, latency budget, and monitoring surface. They compose to produce a single, auditable predictive market infrastructure.
Multi-node quorum validation with cryptographic finality. Probex resolves contested event states by aggregating validator votes against deviation bounds, rejecting outliers, and committing only when a configurable quorum threshold is met.
Quorum threshold
67%
Validator nodes
128
Finality
< 40ms
Jurisdiction rules, position caps, mandatory reporting, and KYC/AML hooks are evaluated inline — never as a post-process. Probex supports 47 regulatory frameworks with live rule updates and full immutable audit trail per state transition.
Frameworks
47
Gate latency
< 6ms
Audit coverage
100%
Real-time synthetic order book construction from aggregated position flows, automated market-maker liquidity, and institutional participation tiers. Spread optimisation and depth balancing run continuously to minimise slippage on large position changes.
Book depth
L5
AMM refresh
200ms
Slippage (avg)
0.04%
[ MATHEMATICAL FRAMEWORK ]
Probex's predictive accuracy rests on four interlocking mathematical frameworks — chosen for their formal guarantees, not their familiarity. Every layer can be independently audited against its specification.
A single deterministic core executes every framework below in lockstep — consensus, calibration, and attribution resolved on one clock, at institutional throughput.
Probex's core inference layer applies hierarchical Bayesian updating across all consensus inputs. Each new event updates a rolling prior distribution — signal confidence degrades gracefully under sparse data rather than collapsing to binary outcomes.
P(H|E) = P(E|H) · P(H) / P(E)
Posterior · Likelihood × Prior / Evidence
Specifications
Consensus Precision
99.42%
Rolling 2,000 resolved events
[ PROBEX PLATFORM ]
The Probex operator console tracks BTC prediction-market positions, live edge and PnL, feed health, and adaptive risk state — the real trading surface, streamed in a single dense view.
BTC Price
$93,482
▲ live
Feed Latency
42ms
good
Active Positions
5
tracked
Edges Detected
1,284
rolling 24h
Orders Exec
318
avg 84ms
Total PnL
$338.00
unrealised
Capital preserved
96.8%
Kelly modifier
0.62×
Min edge
3.0%
Daily target
+1.4%
Runway
∞
[ RESEARCH INTELLIGENCE ]
Adapting BFT consensus to adversarial validators and conflicting event states at sub-40ms finality.
Embedding jurisdiction rules at the execution layer with no measurable latency overhead.
Constructing Bayesian priors that stay calibrated under sparse-data regimes.
Extending constant-function market makers to binary markets with asymmetric tail risk.
Survival-first position sizing that preserves capital through drawdown regimes.
Continuously scoring validator forecasts and down-weighting persistent miscalibration.
How informational edge erodes across the ingestion-to-execution path, and where to recover it.
A formal treatment of capital-preservation states and recovery dynamics under loss.
[ ACCESS THE PLATFORM ]
Probex is live. Institutional and professional counterparties can access the full platform today — live markets, real-time consensus feeds, and compliance tooling for 47 jurisdictions.
SOC 2 Type II
Certified
Consensus Precision
99.42%
End-to-End Latency
< 90ms
PRX-001 Fed rate cut Q3 YES: 67.4%
PRX-002 BTC > $120k EOM YES: 44.1%
PRX-005 NVDA earnings beat YES: 72.9%
... 837 markets active
Streaming consensus · latency 11ms · quorum 98/128