Karak Network Launches Karak V2 Mainnet
On October 18th, Karak Network, a collateral layer, announced on social media that it has launched KarakV2 mainnet. Karak V2 introduces the necessary features to build a complete shared security ecosystem, including the punishment mechanism (Slashing), which is a prerequisite for achieving re-collateralization (Restaking). The KarakV2 testnet was launched in July and today marks the launch of the first phase of the Karak V2 mainnet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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