TLDR Crypto · INNOVATION & LAUNCHES

WORMHOLE: THE FIRST DISTRIBUTED SECURE SERVICE ON KARAK

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Summary from the TLDR Crypto newsletter

Wormhole has partnered with restaking protocol Karak to develop two DSSs: a decentralized validator network for token transfers and a decentralized relay network. The validator network will make transfers more secure and decentralized, while the relay network sends messages between chains cheaply. This is the first major protocol to build on Karak, demonstrating interest in restaking beyond EigenLayer.