The Karak Network, a re-pledge layer, officially announced on October 18th that it will be launching the Karak V2 mainnet that will introduce a series of new features. This development is a huge step forward in the blockchain world and signifies significant progress for the Karak Network.
This new mainnet is a big part of constructing a complete shared security ecosystem.
The Karak V2 testnet was launched back in July and today, the first phase of the mainnet is officially live. Among these features, is the penalty mechanism, a prerequisite for re-staking to be successful.
Exciting news in the crypto world!
