Karbo

Electronic Karbovanets

First Ukrainian Cryptocurrency. A decentralized exchange medium based on CryptoNote blockchain technology. Built for direct peer-to-peer use, open participation, and independent ownership.

Established 2016 First Ukrainian cryptocurrency, old school and true.
Fair Launch No ICO No premine, no token sale, and no foundation allocation before the public network.
Mining CPU Solo No Pools, ASIC-resistant Signed Proof-of-Work algorithm oriented toward individual miners.
Protocol CryptoNote Privacy and fungibility through unlinkable addresses, ring signatures, and equal coins.
About

You are your own bank.

Karbo is people’s electronic cash: a peer-to-peer exchange medium that can be used without intermediaries, without account opening procedures, and without asking permission. Download a wallet, hold your own keys, and use the network directly.

Open and accessible

Karbo is an open and decentralized network. Everyone is welcome to participate in usage, mining, development, and governance.

Direct control

Only you control your money and are responsible for its safety. The system operates according to a predefined mathematical algorithm without central control bodies.

Peer-to-peer

Transactions take place through a decentralized system without intermediaries. That is the starting point, not a feature add-on.

Core Values

Built on principles not promises.

We built Karbo on principles of decentralization, privacy, and egalitarian participation. Those principles guide our design choices and development priorities, and they are more important to us than any specific feature or roadmap item.

Signed Proof-of-Work

One CPU —
One Vote.

Pool mining centralizes power.

ASIC mining centralizes hardware.

Centralization opens the door to censorship.

Centralization undermines the principles of decentralization and egalitarian participation.

Wallets & tools

Download and use Karbo.

Use the wallet that fits your setup. Run a node, use a desktop wallet, open the browser wallet, generate paper storage, or sync faster with bootstrap files.

For services and nodes

CLI Suite

Command-line tools for running a node, mining, integration work, and protocol-level use.

Native desktop wallet

QT Wallet Classic

The main desktop wallet for local keys, balances, transfers, mining and everyday use.

Alternative desktop wallet

Spring Wallet

An alternative graphical wallet with aggregated addresses.

In the browser

Browser Wallet

Client-side browser wallet for quick use without installing a desktop application.

Offline generation

Paper Wallet

Generate wallet data offline for cold storage and archival use.

Fast sync

Bootstrap

Download bootstrap files to synchronize a fresh node or wallet faster.

Exchanges

Buy or exchange Karbo.

Karbo is listed on these exchanges for you to choose the market you prefer.

Heritage

A name
carved in
history

Karbovanets (карбованець) — the historic name for Ukraine's currency, from the word meaning to notch or to carve a tally.

The karbovanets has deep roots in Ukrainian monetary history. The word itself comes from the ancient practice of carving notches into tally sticks to record debts and transactions — a pre-bank, pre-institution system of keeping accounts that belonged to the people who made the marks.

Karbo carries this heritage forward. Where tally sticks were carved wood, Karbo is carved mathematics. The ledger is distributed across thousands of machines. The marks cannot be erased, altered, or confiscated. The history is the record, and the record belongs to no one.

“Karbovanets” was also a distinct unit of currency in Ukraine during different periods of its history. We brought that name back in digital form as an unofficial and independent exchange medium.