Pharos Network

Pharos Network is an EVM-compatible Layer 1 built for deep parallelism throughout its architecture. In this BLOKC-hosted session, Janesh, a core systems architect at Pharos Network, walks through the optimization framework behind its performance, alongside work with HashKey Group and the Dora EVM infrastructure consortium.

What the session covers

Janesh outlines a multi-stage approach that pushes past 50,000 transactions per second and 2 gigagas per second of throughput. At the consensus layer, Asynchronous Byzantine Fault Tolerant (BFT) consensus removes single-leader bottlenecks by letting multiple validators propose and commit at the same time. Execution runs on the Dora EVM engine in a dual-VM setup that supports both EVM and Wasm runtimes, so contracts can be written in Rust, Go, or Python. Smart Access List Inferring analyzes contract states before execution, then safely groups and runs independent transactions in parallel without conflicts.

What you can build

The throughput opens the door to high-demand applications that usually struggle on EVM chains: order-book DEXs, large real-world asset (RWA) compliance frameworks, and heavy AI and ML computation. Institutions, fintechs, and individual developers can deploy these directly on Pharos. Through Spatial Processing Networks (SPNs), builders can launch customizable, semi-independent Layer 2 and Layer 3 app-chains that inherit Pharos’s security while tuning bandwidth to avoid congestion.

What’s next

Pharos is driving toward a public Mainnet targeted for Q3. The Builder Base Camp program, backed by a $20 million grant pool, aims to widen developer reach. With HashKey Group, Pharos is also launching an incubator that offers funding pipelines, regulatory compliance support, and institutional go-to-market mentorship.