February 27, 2024

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MetaMask says “we changed nothing” in response to criticism update collects more user data

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ConsenSys, which operates the well-known cryptocurrency wallet MetaMask, stated an update to the wallet has made no change to the info the system collects from its customers, only the wording experienced adjusted. The statement arrived in response to online critics who stated the organization had expanded its selection of personal facts.

See relevant short article: Crypto wallet Metamask unveils all-in-1 digital asset portfolio dApp

Quick facts

  • “The language in our privateness coverage was updated on November 23rd. Very little has altered in the way MetaMask and Infura (a connected World wide web3 progress toolkit for Ethereum) run,” MetaMask tweeted on Friday.
  • On Friday, ConsenSys mentioned in a site submit that the up-to-date language was developed to far better converse the extent of user details the business gathered, which contains the IP addresses of personal computers making use of the software and wallet addresses whenever a transaction is done. It claimed this is essential for the wallet to be able to give the provider.
  • IP addresses stand for Web Protocol address and allow for every single laptop or computer to communicate and be discovered above a community.
  • Some end users uncovered this controversial as just one of the crucial tenets of blockchain and cryptocurrency is privacy and pseudonymous interactions.
  • The move also comes amid a broader drive from the crypto community to keep belongings on chilly wallets — wallets not related to the world-wide-web — following the collapse of FTX.
  • “Protect your privacy!” wrote one particular Twitter consumer, @0xBiZzy, “With the current information that Metamask/Infura is amassing your IP and wallet addresses, I urge you to just take the time to alter your RPC.”
  • An RPC stands for distant technique simply call and is applied by developers to create decentralized applications (dApps) and allow for for programs to connect instantly with the blockchain. 

See related post: ConsenSys raises US$200M as MetaMask surpasses 21M month to month active end users

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