PChain released Testnet 1.0 in one month ahead of schedule. They showed a 123424 TPS at peak with more than 1,000 verification nodes.
Available functional modules of Testnet 1.0: browser (query blocks and transactions), wallet (check the TPAI balance and achieve transfer between the main chain and the sub-chain), TPAI transactions, contracts (users can deploy and call smart contracts), multi-chain (256 sub-chains, 1,064 verification nodes)
Testnet launch video: https://www.youtube.com/watch?v=a9TOfrpNyj0
It is expected that v2.0 PChain Testnet will be released in November this year, and the main network will be officially released in March 2019.