🔴｜Current EVM Solution - Performance Beast Pharos Testnet Launched
As we all know, the single-thread execution model and 256-bit operation design of the current Ethereum EVM limit transaction throughput (Ethereum mainnet TPS is only 15-30), far below traditional payment systems (such as Visa's 1700+ TPS).
Although parallel EVM projects attempt to enhance throughput through parallel processing on multi-core processors, there is still room for optimization and insufficient ecological maturity.
Previously, a post discussed the extreme performance in EVM, mentioning a new EVM public chain - Pharos. You might think that Monad's 10,000 TPS performance is already impressive, but Pharos' throughput reaches 50,000 TPS, and during the public developer network launched on March 6 this year, it already achieved 20,000 TPS in testing.
Pharos adopts a "super-parallel" design, covering consensus, execution, storage, and heterogeneous hardware, achieving processing capacities of up to 50,000 TPS and 2 gGas/s through optimized schedulers and executors, which is five times that of Monad.
🔥 The fastest EVM-compatible Layer-1 Pharos testnet is live!
Testnet link🔗: testnet.pharosnetwork.xyz
Remember to enter the invitation code: 9Ix32XCz6ZOUhIfqeHQW
The launch of the testnet showcases its innovative Layer 1 solutions. This will accelerate the development of the on-chain RWA ecosystem, supporting the integration of TradFi and DeFi.
Moreover, Pharos focuses on high-quality institutional RWA assets, with end-to-end issuance and distribution processes, suitable for fixed income funds, allowing capital flow as simply as payments.
Additionally, Pharos supports privacy payments and decentralized AI through SPN, boasting powerful computing capabilities and employing zero-knowledge proof technology to ensure KYC and anti-money laundering compliance.
The testnet will support developers in easily migrating and deploying Ethereum applications, compatible with six programming languages. Both users and developers can participate in the testing to experience its extreme performance and innovative features.
Developers can get community support through Pharos's Discord channel and submit details to start testing. Users and investors can also follow the testnet launch, experience its extreme performance and innovative features, and witness a new era of capital flow together.
This testnet launch accelerates the integration of RWA and DeFi, providing efficient blockchain solutions for traditional finance. As stated on its official homepage: Empowering trustless innovation and unlocking new possibilities for Web3.
