Hello Publish0x community! Today I am happy to bring you this article dedicated to the Tally Ho contest. Let’s see something about this web3 wallet that aims to be a competitor of the famous Metamask!
If you are new and you have no idea about what Tally Ho is, don’t worry. I’ll tell you right now.
Tally Ho is a new hot wallet especially indicated for use in Web3. We can call it one of the competitors of the very famous Metamask, a wallet that you have probably already used as well. Tally Ho describes itself as open source and completely owned by the community.
Like Metamask, Tally Ho is a browser extension that can be downloaded from their website: https://tally.cash/
It is available for Google Chrome, Brave and Firefox.
Tally Ho makes it safe and easy to connect to DeFi and web3. It’s got everything you need from MetaMask, plus lots more benefits:
- Cheaper Swap fees: 0.5% vs 1% of competitors.
- 100% open source
- Ledger support
You probably already know that holding cryptos on an exchange is not the most secure. Because they are centralized entities, your funds may not always be safe. Another key thing is that you do not own the private keys if you leave your cryptos on exchanges like Binance, FTX, KuCoin, Coinbase, etc. Tally Ho, on the other hand, is 100% self-custodial and you are the only one who have the private key to access it. In addition, you do not need to release any personal information to download and register for Tally Ho, so your privacy is safe.
Is Tally Ho secure?
Although still in the early stages of development, Tally Ho has already received several security audits. The first one from Open Zeppelin in August 2020 about early prototype versions of Tally Swaps, Earn, and token contracts. The second audit from Least Authority in November 2021 about Wallet keyring . The last one from Code Arena in November 2021 about Swaps contracts.
You can personally check them and download the PDF at this page: https://tally.cash/security
Tally Ho Roadmap
How to start your adventure with Tally?
Very easy! Just follow these steps:
1) Go to https://tally.cash/download and download the extension
2) You’ll see that first page when you start the Tally Ho extension:
3) Then click on continue and select if you want to create a new wallet with new recovery phrase, import an existing recovery phrase or connect to the Ledger.
4) Set a strong password for access to your extension and enjoy your adventure with Tally Ho!
Conclusion
As the adoption of crypto and nft grows, it is good to see new alternatives coming to the already popular services on the market. Tally Ho has the potential to have a place for itself in the Web3 market, it has a robust roadmap, the team seems well-intentioned to move the project forward on many fronts, and the idea of basing it on community may be its greatest strength that will be able to characterize and differentiate it from competitors!
Thanks to Publish0x for introducing us to this new Web3 open-source wallet.
For more information and to be part of the Tally Ho community, you can visit their Discord (https://discord.com/invite/f5G36jeKb2) and Twitter (https://twitter.com/tallycash)
And have you downloaded it?
Not yet?
Then go to this page now (https://tally.cash/download) and start a new adventure with Tally Ho!
