Some decades ago, our ancestors preferred to crudely keep their money. They prefer digging in the ground or any other safe means to keep their money. The principle of money saving has been trending for a long time.
As time went by, people began to embrace the banking method. At this time, paper currency known as "fiat" comes into existence. The banking method is a centralized means of keeping money and is under the control of legal authorities and the government.
This has been going on for ages until the advent of cryptocurrency in the year 2009 when people were convinced to adopt a decentralized means of exchange and save money.
With the existence of cryptocurrency, a crypto wallet is important. This is where Tally Ho comes in.
Tally Ho! One of a kind.
Tally Ho is a new web browser wallet working in an open source model. Tally Ho works well on the most powerful browsers like Chrome, Firefox, and Brave. Users of Tally Ho can interact well with the Defi protocols and web3.
It works like Metamask but is more advanced than it is because it is a community-driven project where users are empowered within the community and values are shared among them.
Tally Ho is a tested wallet that claims to build more advanced features than Metamask. Even though it is in the Alpha phase already, it is doing great work to ensure that it surpasses the other wallets on the blockchain.
Let me tell you who Metamask is.
Metamask is a popular wallet that has dominated the blockchain for some time now. It is described as a "web 2.0 wallet fox in a web 3.0 sheep".It's more fun when there’s a competition. Metamask did not have significant competitors until Tally Ho surfaced. And this Tally Ho promised to be more prosperous than the current Metamask.
The Tally Ho wallet and the community.
The wallet is owned by the users and not the conglomerate. The Tally Ho wallet is the first to do that. All the wallet fees are given back to the community. Let's say, for example, other communities are charging 1% for any transaction made on their platform. Tally Ho is glad to tell you that they will be charging 0.5%. And half of that 0.5% will return to the community. Unlike in other wallets like Metamask, their wallet fees are being shared among stakeholders. Every crypto native is looking for a way to save and transact.
Tally Ho wallet fees are going directly to the Tally Ho DAO (DAO means Decentralized Autonomous Organization). Part of their goal is to create in-wallet services that generate fees for community-owned DAO.
The fee will go to the user’s pocket instead of only the stakeholder or traditional finance. Tally Ho DAO is a society where all Tally Ho users have one or two important roles to play when making decisions.
Tally Ho does not fork.
Tally Ho built their code from scratch. Some communities usually copy code from others and make some improvements. This is not so in Tally Ho. They shipped a standalone protocol and wallet on a plain new codebase. They created a new application, and that is a hell of a lot of work.
Is Tally Ho a good alternative to Metamask?
This time around, Metamask sure has an eligible competitor. From another angle, every crypto native is only after their wallet's security and convenience. It is normal because different people earn their money through different means. No matter how easy it is, they must be emotional about where the money should be kept.
Why should I choose Tally Ho?
Have you seen anyone with this poor experience? He tried to open his crypto wallet on Metamask and was met with a strange story. He lost his backup key within the blink of an eye. He tried to open the wallet using other means and was notified with the bad news that your IP has been blocked from using Metamask. This may be due to some awful reason that shouldn’t affect you directly. This is a hard slap on your face. This is the effect of a centralized wallet service provider. It leaves you on a thin edge.
This is the fault of a web2.0 fox wearing web3.0 sheep's clothing. This is the fault of the mighty Metamask. Web3.0 wallets should be known for their functions, and Web2.0 wallets should do the same. Tally Ho Web3 promised a free world.
The users' community. This will make it hard for them to wake up one day and decide to block your IP simply because of one trivial matter that shouldn’t bother you directly. Who will not embrace this type of protocol?
Tally Ho software code is 100% open source and can be verified by everyone. This will bring forte to any abnormal operation and will also bring trust in the application and the team. This brings about a high level of transparency.
Tally Ho; a win-win crypto wallet
Tally Ho made us understand that they are going to share their wallet swap with the community and that their swap fee is low. The swap fee will benefit any interested users. All the users, delegates, and DAO members are the real important bodies in the Tally Ho Ecosystem.
Unlike in the Metamask, where their swap money belongs to the parent body of the company. Their fee is shared among the shareholders.
For the first time in history, Tally Ho's win-win strategy is happening!
Cheaper swap Fee
The Tally Ho Swap fee is very cheap with no hidden fee. Compared to Metamask, which has a higher swap fee.
Topnotch wallet security.
Tally Ho provides a safe environment for your wallet. Your private keys and your cryptocurrencies are secured on your computer, and they will never leave your device. Tally Ho cares about the safety of the community fund and the users. The wallet is audited by the Code Arena, Open Zeppelin, and Least Authority.
Rich support
Tally Ho is still in the Alpha phase and more galleries will be added to the wallet with time. Tally has the support of the biggest projects in web3 like UniSwap, Curve, Synthetix, etcetera.
Tally Ho will have the support of Arbitrum, Polygon, Ledger, and Optimistic.
Wrap-up
Tally Ho promised to create a fair launch of a new DAO structure to provide incentives for users that would convince them to drop Metamask and embrace Tally Ho. With Tally Ho, you will enjoy your freedom, privacy, and sovereignty.
The misery of our wallet security, freedom in decision making, and high swap fees is well taken care of by Tally Ho. Now tell me, who called the shots?
