Pharos Network is a newly launched Layer 1 blockchain that combines enterprise-grade infrastructure with decentralized finance. Announced in May 2025. Pharos is designed to tokenize real-world assets (RWAs), facilitate low-cost decentralized payments, and support scalable enterprise applications.
This article covers how Pharos Network works and what makes it a unique entrant in the Layer 1 race.
What Makes Pharos Network Stand Out?
Pharos achieves 30.000 transactions per second with 1-second finality, setting a high performance benchmark. Its modular architecture—divided into L1-Base, L1-Core, and L1-Extension—allows it to scale across various use cases without sacrificing speed or security.
Its infrastructure is built for:
High-throughput DeFi
Enterprise-grade compliance
Interoperable applications
How Is Pharos Network Structured?
L1-Base: Provides secure consensus and data availability
L1-Core: Handles execution, smart contracts, and state management
L1-Extension: Offers tools for interoperability, customization, and scaling
Pharos also uses deep-parallel processing to boost efficiency and cut storage needs by 80%, supporting billions of users.
What Are the Main Use Cases?
Tokenized RWAs: Real estate, commodities, and other physical assets can be fractionalized and traded
DeFi Apps: Build and deploy DeFi solutions with real-time finality
DePIN: Support for decentralized physical infrastructure networks
Cross-Chain Bridges: Secure interactions with other chains via ZK tech
What's New with Pharos Network?
Testnet Launch: Achieved 30.000 TPS in early testing
Builder Base Camp: Offers $300.000 in prizes for developers
Seed Funding: Raised $8 million from Lightspeed Faction, Hack VC, and others
Conclusion
Pharos Network brings the speed, scalability, and security needed to power next-generation decentralized applications. With its TradFi integration and developer-friendly ecosystem, it's poised to play a major role in the future of blockchain infrastructure.
