Karbo (KRB) is a privacy cryptocurrency and stablecoin focused on maintaining both privacy and price stability that officially launched on May 30, 2016. Karbo uses a masternodes working on a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism based on the CryptoNote protocol. The Karbo network has dynamic block sizes and difficulties which allows the Karbo network to operate without set fees (dynamic fees) and the ability to maintain low price volatility of the Karbo cryptocurrency. Karbo cryptocurrency wallets are available for Microsoft Windows, Linux, MacOS, Android, and a web browser wallet.
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