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Pharos Network

Pharos Network is a modular, full-stack, parallel L1 blockchain designed for high performance and scalability. It features a three-layer architecture (Base, Core, Extension) that supports custom Special Processing Networks (SPNs), native restaking for shared security, and interoperability. The platform provides open-source modular components for developers to build and customize L2/L3 systems and integrates with restaking protocols like Babylon and Eigenlayer.
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Description

Pharos is a deep-parallel, Layer-1 blockchain network designed for high-speed, scalable, and decentralized applications. It supports EVM compatibility, allowing Ethereum dApp developers to leverage familiar toolchains while benefiting from Pharos’s features like 1-second finality, reduced storage costs, and enhanced security with AsyncBFT consensus. Pharos aims to drive innovation in DeFi, real-world assets (RWAs), decentralized physical infrastructure (DePIN), and cross-chain interoperability by offering a unified account system across multiple virtual machines.

Category: L1