Carbonados are porous polycrystalline (with crystal sizes up to 100 micrometer) diamonds. Carbonado is found only in alluvial deposits in Bahia, Brazil and in the Central African Republic (CAR). Alluvial deposit host is 1.5 Ga while the carbonados are between 2.6 - 3.8 Ga. The process of fusing the carbonado microcrystals together is not fully understood, partly due to fact that the origin of these carbonado, is not known. Several modes of origins are proposed for carbonado. First, a crustal origin. Carbonados have a light carbon and helium isotopic signature. They contain an enrichment of the rare-earth elements (REE). Carbonados have tightly trapped atmospheric noble gases and contain an evidence of high He content despite the carbonado expected depletion of He at mantle temperatures. Carbonados have high porosity incompatible with high pressure mantle conditions. Second, a mantle origin is proposed based on similar REE pattern to kimberlites. The presence of nitrogen platelet (by IR spectra) indicates high temperature origin and syngenetic inclusions of rutile, ilmenite, and magnetite indicates high pressure and high temperature conditions consistent with mantle origin as well. Third, it is proposed that carbonado diamonds are a result of early impacts into crustal rocks. This is indicated by the rare and controversial occurrence of high pressure diamond polymorph, londsdaleite, frequently found in diamonds from meteorite impact sites, and by observation of planar deformation features, possibly indicating shock events. Finally, it is suggested that carbonados have an extraterrestrial origin, as indicated by a long term annealing based on observation of a zero-phonon line, attributed to paired nitrogen atoms in association with a vacancy.