Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses

Crypto users complain about recent Consensys privacy policy Updates are collected when Infura is utilized as a remote procedure call (RPC) via metamask, wallet, and IP address data. The news follows a similar decision recently made by Uniswap, a decentralized exchange (dex) platform, regarding data collection. The dex platform operator Uniswap Labs has revealed that its software collects users’ on-chain data to power “data-driven decision-making that improves user experience.” .

Consensys’ privacy policy reveals collection of user data

The digital currency community and social media demographic known as “crypto Twitter” (CT) 18} About the privacy policy of Consensystalking terrible. The privacy policy applies to the company’s Ethereum infrastructure platform Infura and his Web3 wallet Metamask. According to the

policy, when a user uses her Infura and Metamask to make use of her RPCs, the software collects the user’s cryptographic address and her IP information. However, Infura is his Metamask default RPC provider for him, and another her RPC is available. For example, when users work with their own nodes. The user can also switch to another of her RPCs such asTatum,Moralis,Alchemy, and Quicknode.

If you switch and Metamask’s RPC calls from Infura to another, your crypto address and IP information will not be collected. Consensys’ move comes after Uniswap Labs,explained a similar decision in a blog post titled “Uniswap Labs Commitment to Privacy.”

Uniswap’s decision wascriticized. Consensys’ privacy policy began rolling out on his November 24th. The Metamask and Infura subject lines have been denounced on social media and cryptocurrencies alike. – Related forums. Tuur Demeester, a Bitcoin supporter and editor of satoshipapers.org, shared his two cents on the situation.

“Ethereum has awakened to the value of running your own full node, but realized it is no longer an option,” Demeester tweeted} . “So the first centralized staker started censoring transactions. Now the leading [Ethereum] access provider, Metamask, is logging IPs and wallet addresses.”

Ethereum proponent Adam Cochrane said it was a “silly move.” “Yeah, this Metamask privacy revocation is one stupid move by Consensys,” Cochran tweeted.

Metamask tweeted about the situation on Nov. I explained that the policy was updated the day before. The official Metamask wallet Twitter account said, “The wording of our privacy policy has been updated on November 23. Nothing has changed in how MetaMask and Infura operate. (Spoilers: nothing).”

The statement shared by Metamask is a blog post published by Consensys, which states, “The policy update It does not result in more intrusive data collection or data processing and was not created in response to regulatory changes or inquiries.”

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