Pharos is an ultra-fast, Ethereum Virtual Machine (EVM)-compatible blockchain network built to support the next generation of financial applications. Its architecture emphasizes deep parallelism across consensus, execution, storage, and hardware layers, enabling it to process up to 50,000 transactions per second (TPS) with one-second finality. This performance is achieved through a modular, GPU-like design that reduces storage costs by 80% and supports scalability to one billion accounts. Pharos is live on testnet, participants can complete tasks to earn points that will be converted to $PHRS tokens after launch.
