{"id":62363,"date":"2026-01-24T18:00:54","date_gmt":"2026-01-24T15:00:54","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=62363"},"modified":"2026-01-24T14:05:42","modified_gmt":"2026-01-24T11:05:42","slug":"what-is-pharos","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-pharos\/","title":{"rendered":"What is Pharos?"},"content":{"rendered":"<p dir=\"auto\"><strong>Pharos<\/strong> is a next-generation Layer-1 blockchain network that aims to bring real-world financial needs together with blockchain infrastructure. It is EVM-compatible, high-performance, and offers enterprise-grade compliance. With its modular architecture, deep parallel execution structure, and built-in compliance layer, Pharos aims to provide an inclusive financial infrastructure that appeals not only to the crypto ecosystem but also to traditional finance and institutional asset markets.<\/p>\n<p dir=\"auto\">Founded by former Ant Group executives, Pharos centers its vision on \u201copen yet regulation-compliant\u201d finance, targeting the convergence of real-world assets (<a href=\"https:\/\/coinengineer.net\/blog\/aster-releases-2026-roadmap-mainnet-and-rwa-on-the-way\/\"><strong>RWA<\/strong><\/a>), <a href=\"https:\/\/coinengineer.net\/blog\/stablecoin-market-expands-again-usdt-takes-the-lead\/\"><strong>stablecoin<\/strong>s<\/a>, institutional financial products, and Web3 applications on a single chain.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Pharos_Core_Vision_Open_Real_and_Inclusive_Finance\" title=\"Pharos Core Vision: Open, Real, and Inclusive Finance\">Pharos Core Vision: Open, Real, and Inclusive Finance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#What_Does_Pharos_Promise\" title=\"What Does Pharos Promise?\">What Does Pharos Promise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Modular_and_Parallel_Layer-1_Architecture\" title=\"Modular and Parallel Layer-1 Architecture\">Modular and Parallel Layer-1 Architecture<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#L1-Base\" title=\"L1-Base\">L1-Base<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#L1-Core\" title=\"L1-Core\">L1-Core<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#L1-Extension\" title=\"L1-Extension\">L1-Extension<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#What_are_SPN_Special_Processing_Networks\" title=\"What are SPN (Special Processing Networks)?\">What are SPN (Special Processing Networks)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Technology_Behind_Pharos_High_Performance\" title=\"Technology Behind Pharos\u2019 High Performance\">Technology Behind Pharos\u2019 High Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Deep_Parallel_Execution\" title=\"Deep Parallel Execution\">Deep Parallel Execution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Advanced_Storage_Structure\" title=\"Advanced Storage Structure\">Advanced Storage Structure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Pipelining\" title=\"Pipelining\">Pipelining<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Compliant_Finance_ZK-KYC_and_AML_Integration\" title=\"Compliant Finance: ZK-KYC and AML Integration\">Compliant Finance: ZK-KYC and AML Integration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Real-World_Assets_and_Financial_Products\" title=\"Real-World Assets and Financial Products\">Real-World Assets and Financial Products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Highlighted_Use_Cases\" title=\"Highlighted Use Cases\">Highlighted Use Cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Pharos_Restaking_and_Ecosystem_Integration\" title=\"Pharos Restaking and Ecosystem Integration\">Pharos Restaking and Ecosystem Integration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Why_is_Pharos_Different\" title=\"Why is Pharos Different?\">Why is Pharos Different?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Pharos_Investors\" title=\"Pharos Investors\">Pharos Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Pharos_Team\" title=\"Pharos Team\">Pharos Team<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/#Official_Links\" title=\"Official Links\">Official Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Pharos_Core_Vision_Open_Real_and_Inclusive_Finance\"><\/span>Pharos Core Vision: Open, Real, and Inclusive Finance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos starts from the problem that existing blockchain networks fail to provide sufficient performance, compliance, and user experience for large-scale financial use cases. While many networks claim high TPS figures in theory, they struggle to sustainably deliver that performance under real-world conditions.<\/p>\n<p dir=\"auto\">Pharos aims to solve this issue not by optimizing a single layer, but through a holistic approach that addresses consensus, execution, storage, and network architecture together.<\/p>\n<p dir=\"auto\">In line with this approach, the network aims to enable:<\/p>\n<ul dir=\"auto\">\n<li>Real-time payments<\/li>\n<li>Enterprise-grade asset tokenization<\/li>\n<li>Compliant DeFi and CeFi integrations<\/li>\n<li>Web2-scale user experience<\/li>\n<\/ul>\n<p dir=\"auto\">all on the same infrastructure.<\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193193 alignnone\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-1.png\" alt=\"\" width=\"1348\" height=\"614\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"What_Does_Pharos_Promise\"><\/span>What Does Pharos Promise?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos positions itself not merely as a Layer-1 blockchain, but as a comprehensive financial network that aims to bring institutional finance and the decentralized world together on the same infrastructure. By simultaneously delivering performance, compliance, and scalability, this structure targets to fill a critical gap for the mass adoption of Web3.<\/p>\n<p dir=\"auto\">In this regard, Pharos stands out not just as a technical innovation, but as an ambitious infrastructure attempt for the future of global finance.<\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Modular_and_Parallel_Layer-1_Architecture\"><\/span>Modular and Parallel Layer-1 Architecture<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos is built on a fully modular and full-stack parallel Layer-1 blockchain architecture. The network consists of three main layers:<\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"L1-Base\"><\/span>L1-Base<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">This layer provides industry-leading solutions in data availability and hardware acceleration. It forms the foundation of the infrastructure for applications requiring high data intensity.<\/p>\n<h3 dir=\"auto\"><span class=\"ez-toc-section\" id=\"L1-Core\"><\/span>L1-Core<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"auto\">This is the main blockchain layer operated by globally distributed, decentralized nodes.<\/p>\n<ul dir=\"auto\">\n<li>Sub-second finality<\/li>\n<li>High throughput<\/li>\n<li>Real-time Web3 experience<\/li>\n<\/ul>\n<p dir=\"auto\">are provided at this layer.<\/p>\n<h3 dir=\"auto\"><span class=\"ez-toc-section\" id=\"L1-Extension\"><\/span>L1-Extension<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"auto\">This is the layer that enables the network\u2019s expandability. It has three core functions:<\/p>\n<ul dir=\"auto\">\n<li>Creation of SPN (Special Processing Network)<\/li>\n<li>Shared security through native restaking<\/li>\n<li>Cross-SPN interaction<\/li>\n<\/ul>\n<p dir=\"auto\">Thanks to this structure, Pharos goes beyond the limits of a single chain and becomes a multi-layered, multi-purpose financial network.<\/p>\n<p dir=\"auto\"><img decoding=\"async\" class=\"size-full wp-image-193194 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-3.avif\" alt=\"\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"What_are_SPN_Special_Processing_Networks\"><\/span>What are SPN (Special Processing Networks)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">SPNs are application-specific networks that integrate with the Pharos main network but can operate independently. Each SPN has:<\/p>\n<ul dir=\"auto\">\n<li>Its own execution engine<\/li>\n<li>Its own validator set<\/li>\n<li>Its own governance model<\/li>\n<li>Restaking-based incentive mechanism<\/li>\n<\/ul>\n<p dir=\"auto\">This structure enables highly customized use cases such as HFT systems, ZKML, AI models, or financial sidechains.<\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Technology_Behind_Pharos_High_Performance\"><\/span>Technology Behind Pharos\u2019 High Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos\u2019 technical infrastructure directly targets the performance bottlenecks commonly seen in blockchains.<\/p>\n<h3 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Deep_Parallel_Execution\"><\/span>Deep Parallel Execution<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"auto\">Thanks to the dual VM structure supporting EVM and WASM, transactions are executed speculatively and in parallel. The AsyncBFT consensus completes this process with sub-second finality.<\/p>\n<h3 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Advanced_Storage_Structure\"><\/span>Advanced Storage Structure<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"auto\">Thanks to delta-encoded multi-version Merkle Tree and log-structured page store architecture:<\/p>\n<ul dir=\"auto\">\n<li>Storage costs are reduced by up to 80%<\/li>\n<li>I\/O and CPU efficiency are significantly increased<\/li>\n<\/ul>\n<h3 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Pipelining\"><\/span>Pipelining<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p dir=\"auto\">Every stage of the transaction lifecycle (execution, validation, storage) is pipelined to operate concurrently. This allows node resources to be utilized at maximum efficiency.<\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193196 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-4.png\" alt=\"\" width=\"1064\" height=\"171\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Compliant_Finance_ZK-KYC_and_AML_Integration\"><\/span>Compliant Finance: ZK-KYC and AML Integration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">One of the most important elements that distinguishes Pharos from similar Layer-1 networks is that compliance is designed at the protocol level.<\/p>\n<p dir=\"auto\">The network provides directly at the protocol layer:<\/p>\n<ul dir=\"auto\">\n<li>ZK-KYC<\/li>\n<li>Programmable AML<\/li>\n<li>Digital identity integration<\/li>\n<\/ul>\n<p dir=\"auto\">This ensures regulatory compliance for institutional investors while preserving the principles of open finance.<\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Real-World_Assets_and_Financial_Products\"><\/span>Real-World Assets and Financial Products<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos aims to bring not only crypto assets but also:<\/p>\n<ul dir=\"auto\">\n<li>Energy<\/li>\n<li>Commodities<\/li>\n<li>Real estate<\/li>\n<li>Institutional financial products<\/li>\n<\/ul>\n<p dir=\"auto\">onto the chain.<\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Highlighted_Use_Cases\"><\/span>Highlighted Use Cases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul dir=\"auto\">\n<li>Tokenized investment and yield products<\/li>\n<li>Cross-border payments finalized in seconds<\/li>\n<li>Stablecoin-based daily transactions<\/li>\n<li>Institutional finance and DeFi integration<\/li>\n<\/ul>\n<p dir=\"auto\">This structure presents a unified onchain economy vision described as a \u201cdigital financial city.\u201d<\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193195 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-2.png\" alt=\"\" width=\"1192\" height=\"237\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Pharos_Restaking_and_Ecosystem_Integration\"><\/span>Pharos Restaking and Ecosystem Integration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos is designed to integrate with restaking protocols such as Babylon and EigenLayer. Multi-asset supported restaking:<\/p>\n<ul dir=\"auto\">\n<li>Increases security<\/li>\n<li>Deepens liquidity<\/li>\n<li>Enables rapid deployment of SPNs<\/li>\n<\/ul>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Why_is_Pharos_Different\"><\/span>Why is Pharos Different?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">The core problems Pharos focuses on solving are:<\/p>\n<ul dir=\"auto\">\n<li>Lack of parallelism in blockchains<\/li>\n<li>Storage and merklization bottlenecks<\/li>\n<li>Inefficient use of node resources<\/li>\n<li>Data and liquidity fragmentation in L2 solutions<\/li>\n<\/ul>\n<p dir=\"auto\">Against these issues, Pharos offers a holistic architecture centered on modularity and parallelism. The goal is to bring a Web2-level user experience into the Web3 world.<\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193197 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-5.jpg\" alt=\"\" width=\"1200\" height=\"675\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Pharos_Investors\"><\/span>Pharos Investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Pharos has raised a total of $8 million and continues with a strong investor base. The project\u2019s investors include venture capital funds and industry players of various scales:<\/p>\n<ul dir=\"auto\">\n<li>Hack VC<\/li>\n<li>MH Ventures<\/li>\n<li>Faction<\/li>\n<li>SNZ Holding<\/li>\n<li>Generative Ventures<\/li>\n<li>Hash Global<\/li>\n<li>Dispersion Capital<\/li>\n<li>Reforge VC<\/li>\n<li>Legend Star<\/li>\n<li>Yunfeng Financial<\/li>\n<li>Chorus One<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193192 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-investor.png\" alt=\"\" width=\"451\" height=\"346\" \/><\/p>\n<h2 dir=\"auto\"><span class=\"ez-toc-section\" id=\"Pharos_Team\"><\/span>Pharos Team<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"auto\">Behind Pharos is a team with experience in both traditional finance and Web3:<\/p>\n<ul dir=\"auto\">\n<li>Wishlonger \u2013 Co-Founder \/ CTO<\/li>\n<li>Alex Zhang \u2013 CEO<\/li>\n<li>Laura Shen \u2013 CMO<\/li>\n<li>Matthew Castricone \u2013 CSO<\/li>\n<li>Wilguish Ng \u2013 CCO<\/li>\n<li>Wilguish Ng \u2013 Head of Ecosystem<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-193191 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2026\/01\/pharos-team.png\" alt=\"\" width=\"942\" height=\"280\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Official_Links\"><\/span>Official Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"https:\/\/www.pharos.xyz\/\">Website<\/a><\/li>\n<li><a href=\"https:\/\/x.com\/pharos_network\">X (Twitter)<\/a><\/li>\n<li><a href=\"https:\/\/docs.pharosnetwork.xyz\/\">Whitepaper<\/a><\/li>\n<\/ul>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pharos is a next-generation Layer-1 blockchain network that aims to bring real-world financial needs together with blockchain infrastructure. It is EVM-compatible, high-performance, and offers enterprise-grade compliance. With its modular architecture, deep parallel execution structure, and built-in compliance layer, Pharos aims to provide an inclusive financial infrastructure that appeals not only to the crypto ecosystem but<\/p>\n","protected":false},"author":29,"featured_media":62376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[6059,93,1291,1269,488,85,27446],"class_list":["post-62363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-cefi","tag-defi","tag-evm","tag-rwa","tag-stablecoin","tag-web3","tag-what-is-pharos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Pharos? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Pharos is a next-generation, EVM-compatible L1 blockchain network that aims to bring real-world financial needs together with blockchain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/what-is-pharos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Pharos? 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