First Post Hype!
I thought to myself, what better way to start off my Publish0x career than by entering into a contest for the hell of it, so here I am. All advice and constructive criticism is welcome in the comments!
"Tally-Ho!!!"
The term "Tally-Ho" is said to date back to the late 18th century, where hunters would use it to energize their hounds during deer and fox hunting. In 2002, Tobey Maguire as Spider-Man, shouts "Tally-Ho!" as he begins swinging from his web. And now finally, in 2022, Tally Ho! is the potential face of the Web3 wallets. When you consider that Tally Ho wallet is a self-proclaimed competitor of MetaMask, it makes sense that Tally Ho! would use a Hound as its mascot, while MetaMask's mascot is a fox. I enjoy the picture they are trying to paint, and it shows they are hungry for the competition. We, the users, can only benefit from this competition.
You can download the Tally Ho wallet to your Chrome, FireFox, or Brave browser here.
And competing they are! With half the swap fee of MetaMask, able to connect to the same dApps as MetaMask, completely open-source, 100% community-owned, and many other features, Tally Ho! is right up in MetaMask's face.
All these are great things, but what caught my eye was Tally Ho! being a Community-Owned wallet. I wasn't quite sure what this even meant, so I looked into Tally Ho!'s documentation and website. From what I gathered, being community-owned means that all the fees and money generated by the Tally Ho wallet will go back to the users, enriching the whole community. This is a huge difference between Tally Ho! and MetaMask, as MetaMask leaves much to be desired when it comes to rewarding its users. There has been a great deal of community support for MetaMask but no users directly benefit, and the fees are even higher than a lot of wallets.
With all this said, you might ask yourself: How is the money generated by the wallet actually going to be used? The first complete Tally Ho wallet will be released as a DAO. When the DAO is formed, there will be Delegates, voted on by the community, who will decide what to do with the sustainable contributor funding, while also performing many other community tasks, like voting on Governance proposals. You can nominate yourself as a Delegate here.
Before diving headfirst into Tally Ho!, I would advise doing your own diligent research. I also recommend checking out the information provided in these documents:
https://blog.tally.cash/a-community-owned-wallet-for-the-new-internet/
https://docs.tally.cash/tally/
https://gov.tally.cash/t/tally-ho-delegate-applications/18
https://blog.tally.cash/tally-vs-metamask/
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See ya!
:)
