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.