Pharos Testnet | Step-by-step (ENG)
Pharos
Pharos is a Layer 1 blockchain designed to support decentralized applications and payments. With EVM compatibility, it enables developers to use familiar Ethereum tools while offering benefits such as 1-second transaction finality, reduced data storage costs, and enhanced security through the AsyncBFT consensus mechanism.
Pharos Network aims to introduce trustless innovations that serve underbanked communities and asset markets, support the future global economy, and drive widespread adoption of Web3 technologies.
Investments
The Pharos project is backed by investments from funds such as Hack VC, Faction, MH Ventures, and others, according to information on the project’s official website.
Testnet
Pharos recently launched its Testnet, providing the community with an opportunity to test the network’s functionality. Participants can perform actions such as token swaps, adding liquidity, and interacting with other users to evaluate the blockchain’s performance.
1) Visit the website and connect a wallet
3) Add the network to your wallet
5) Experience | Perform daily check-in | Complete social tasks
6) Send tokens to another wallet