Congratulations, the Pharos that I have been following has officially launched its testnet. The testnet boasts 30,000 TPS and is fully EVM compatible. This means that projects from ecosystems like ETH, Base, and BSC can seamlessly migrate to Pharos.

One important reason I focus on Pharos is that I believe it is a beacon of domestic innovation. In terms of TPS and gas data, it currently has the strongest performance among public chains.

Pharos has an exceptionally strong team, with founder Alex Zhang having served as the CTO of Ant Group's blockchain business and the head of Alibaba's Damo Academy Blockchain Lab. He has been dedicated to high-performance blockchain technology research for seven years at Ant Group.

Currently, the TPS of Pharos's testnet is 30K, and it is expected to reach 50K upon mainnet launch, far surpassing the star projects Monad and MegaETH in Europe and America. The ultra-high TPS not only provides a better experience for existing DApps but also opens up new ceilings and brings new application scenarios. For example:

1) High-frequency trading

2) RWA

3) A decentralized AI engine supporting the Internet of Things, directly connecting to illiquid assets through oracles

4) Achieving privacy payments and decentralized AI through SPN, with computing power reaching hundreds of trillions of floating-point operations

I may have a bit of personal interest as well; in the current situation where the U.S. has fully blocked technology to China, I hope Pharos can become a public chain that can compete with the Americans in the blockchain field.

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