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Pharos Network Launches High-Performance Layer 1 Testnet Targeting RWA Adoption

Pharos Network Launches High-Performance Layer 1 Testnet Targeting RWA Adoption

Published:
2025-05-16 07:09:01
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Pharos Network has unveiled its institutional-grade Testnet, a high-performance LAYER 1 blockchain designed to accelerate real-world asset (RWA) adoption. The platform addresses scalability and efficiency barriers that have hindered institutional entry into Web3, offering modular infrastructure for enterprise DeFi and tokenized assets.

With a throughput of 30,000 transactions per second and one-second finality, Pharos sets new benchmarks for Layer 1 performance. Its GPU-inspired architecture promises to support billions of users while reducing storage requirements by 80%. The network also integrates decentralized AI capabilities and privacy-preserving SPN technology.

|Square

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