TALLYHO, THE NEXT GEM OF WEB 3 WALLET

INTRODUCTION

As we know that money is a medium of exchange of goods and service and here we are not talking of paper money alone, because our fore father has been transacting even before the existence of paper money, starting from Trade by bather, using cowries, coins, then paper money and now Cryptocurrency which is the same thing as Digital money.

WEB 3 WALLET

Web 3 wallets simply means Crypto wallet that is suitable for transacting or storing web 3 digital assets or crypto currency

LIST OF EXISTING WEB 3 WALLET IN CRYPTOCURRENCY

• SEMANTIC WALLET
• WALLET CONNECT
• COINBASE WALLET
• TREZOR WALLET
• TRUST WALLLET
• METAMASK
• And now the TALLYHO WALLET, which is one of the latest Web 3 Wallet now 

Below are the list of DAO  Platform and their Native  Token in CRYPTO

Source: 101Blockchains.com

Now Lets discuss some of these listed wallet above 

METAMASK

Lets take Metamask   as an example of one of the crypto wallet application that is majorly used to interact on DAO network 

DAO means, Decentralized Autonomous Organization. 

From experience, the Charges on Metamask has been a very serious hinderance for so many people in making use of the app, because in so many occasion I have spend an outrageous amount of money in carrying out transaction on Metamask. 

for example, below is the transaction I carried out on my Metamask wallet in 17th of Oct 2021

From the Above Transaction the Gas fee was $19.73, which is very discouraging and too high to use.

TALLYHO WALLET

TallyHo is a wallet that is owned by its community and is one of the new Web 3 wallet with a lots of goodies

TallyHo works exactly like Metamask, just that the network fee on TallyHo wallet is very small compare to Metamask 

Also TallyHo wallet is an open source wallet.

Difference Between  Metamask, Trust wallet and TallyHo wallet 

Both metamask and Trust Wallet works on ETH based token. Metamask allow user to interact between ETH based Token using shapeshift's API. Meawhile, Trust wallet only allow receiving and sending token that are ETH based.

The gas fee or charges to interact on Metamask and Trust Wallet is very high and TallyHo charges is relatively low. 

Also, TallyHo promised that even the charges that would be generated from the platform  via Gas fee would be shared between the users of the TallyHo wallet. This is really going to be an attractive to millions of users.

CONCLUSIONS 

In conclusion, there is no doubt that the TallyHo Wallet will be the next reigning wallet among the existing Web 3 wallet, because of the benefit attached to it.