What similarities do a cryptocurrency wallet and a Lamborghini have?… Private keys

The saying “not your keys, not your coins” has never been more true with recent happenings in the crypto space. In its simplest form, cryptocurrency wallets are a means to store digital assets. However, the decentralized landscape is ever-growing with innovations and developments. Cryptocurrency wallets have evolved to become a medium for exploring DEFI, web3, DAOs, etc.

Cryptocurrency wallets are like cars. There are various factors to consider when choosing one. People have different preferences in their choice. There are basic features that most people would agree on.

Do not get carried away, this article is about cryptocurrency wallets.

There are many options to choose from, but none speaks decentralization as much as Tally Ho!

Tally Ho is a community-owned and operated cryptocurrency wallet. The team behind it is building the future of a decentralized web3 wallet. Here are some fantastic features of the Tally Ho wallet;

SECURITY: 

While creating a new wallet on the Tally Ho Chrome extension, the mnemonic phrase had 24 words. It is nothing new but shows that the team has put a lot of thought into the security of the users. It is well known that decentralization brings added responsibilities to the user. 

Additionally, the code is open source and has undergone several audits. Here is a paragraph from a report by Least Authority on Tally Ho’s Wallet keyring audit;

“In this report, we provide several recommendations for improving the overall security of the in-scope components. However, we found that security has been considered in the system design and implementation of the Tally browser extension wallet’s key handling code and did not identify critical security vulnerabilities”.

Security in a cryptocurrency wallet is of utmost importance, and the Tally Ho team has made it a priority.

COMMUNITY:

Many projects claim to solve problems but only solve the problems of the few elite. Tally Ho is user-centric putting into consideration retail investors. The Tally Ho DAO is one of the necessary steps toward giving every member a voice.

Check out the Tally Ho governance forum here: https://gov.tally.cash/

Tally Ho is implementing a community-first approach in all its features. For example, its wallet swaps have lower fees which go to the Tally Ho DAO. it is like riding a fuel-conserving vehicle in which the fuel used goes back to the community members. 

CROSSCHAIN/INTEROPERABLE FUTURE:

Just as Elon Musk is building vehicles (cars & spaceships) for the future of interplanetary travel. Tally Ho is building a cryptocurrency wallet for exploring a decentralized cross-chain future. This includes major blockchains such as Ethereum, Layer-2 chains, and other EVM-compatible chains.

OTHER FEATS:

- Tally Ho has notable web3 projects like Uniswap, Curve, and Balancer as partners.

- Already integrated into Defi protocols for use, with more upcoming.

- Supports Ledger Hardware Wallet for added security.

- Wallet tracker that aggregates balances across multiple chains.

Many other features are in progress or coming soon. The best way to find out is to test it, become a part of the community, and make contributions to the future of decentralization. Get the keys in your hands now.

Download from the official website: https://tally.cash/

Join the Discord channel: https://discord.gg/9v6Vx78Kmm

Follow the official Twitter handle: https://twitter.com/tallycash

Although it is speculation, there will be an airdrop in the future for Tally Ho wallet swap users. Switch to Polygon to reduce transaction fees.