CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

ConsenSys’ MetaMask will solve privacy issue tracking user data

December 7, 2022
in Crypto News
Reading Time: 3 mins read
A A
0
ConsenSys’ MetaMask will solve privacy issue tracking user data
0
SHARES
5
VIEWS
ShareShareShareShareShare

  • MetaMask co-founder Dan Finlay explained that the platform partnered with Infura to share IP-linked transaction data in 2018.
  • Concerning the option for privacy-conscious users to bypass Infura to retain their privacy, ConsenSys warned that this alternative may not provide more privacy.

The company behind the MetaMask crypto wallet, ConsenSys recently disclosed that it collects data related to user identification including contact details, profile information, etc. This came after decentralized crypto exchange (DEX) Uniswap made a change to its privacy policy to include a similar update. In addition, an update to the ConsenSys user agreement last month revealed that it automatically shares user internet-protocol information with Infura.

This triggered concerns among the crypto community members on Twitter who likened the move to a privacy invasion. Following the backlash, ConsenSys has assured that it would release a series of updates to the platform. According to the company, it will only collect wallet and IP address information when users facilitate transactions through Infura’s Remote Procedure Protocol (RPC) endpoint.

We do not store wallet account address information when a MetaMask user makes a ‘read’ request through Infura, for example, to check their account balances within MetaMask.

ConsenSys to update the MetaMask interface

MetaMask co-founder Dan Finlay explained that the platform partnered with Infura to share IP-linked transaction data in 2018. This was meant to avoid network overload and monitor pending transactions. This move has been flagged as a violation of Ethereum’s privacy-focused decentralized ethos and has been confirmed by Finlay.

By being increasingly clear about exactly how data was managed by various ConsenSys products, there were some valid critiques and concerns raised – especially by people who ultimately have the highest privacy standards.

According to Finlay, users who interact with RPC services like Infura would have their IP addresses always visible. Meaning MetaMask cannot stop logging IP addresses completely. The company has decided to stop logging user IP information directly in addition to their transaction data to make it difficult to trace transaction activities to specific users. 

Follow us for the latest crypto news!

ConsenSys also disclosed that it would update the MetaMask interface. Previously, users were given the option to configure their MetaMask to bypass Infura. This was done by creating an Ethereum node or configuring a non-Infura RPC service. However, this was said to be difficult to implement. Very soon, a new advanced settings page would be introduced to enable new users to choose their RPC providers at onboarding. In addition, they would have the liberty to opt-out of third-party services. 

Concerning the option for privacy-conscious users bypassing Infura to retain their privacy, ConsenSys warned that this alternative may not provide more privacy.

Alternate RPC providers have different privacy policies and data practices, and self-hosting a node may make it even easier for people to associate your Ethereum accounts with your IP address.

 


Credit: Source link

RELATED POSTS

DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto

Bitcoin Price Analysis: BTC Faces a Make-or-Break Week

Illegal Crypto Mining Surges as Mexico Raids Cartel Farm

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Top Analyst Forecasts Big Bounce for One Red-Hot Altcoin, Updates Outlook on Bitcoin and Ethereum

Next Post

These On-Chain Indicators Suggest Bitcoin’s Bottom Draws Near

Related Posts

Australian Nurse Lost Her Life Savings In A Cryptocurrency Scam
Crypto News

DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto

September 13, 2026
Bitcoin Price Analysis: BTC Faces a Make-or-Break Week
Crypto News

Bitcoin Price Analysis: BTC Faces a Make-or-Break Week

September 13, 2026
Illegal Crypto Mining Surges as Mexico Raids Cartel Farm
Crypto News

Illegal Crypto Mining Surges as Mexico Raids Cartel Farm

September 13, 2026
Next Post
Bitcoin’s Bottom Might be Getting Closer According to Analyst

These On-Chain Indicators Suggest Bitcoin's Bottom Draws Near

Ledger partners with iPhone Co-creator to launch brand new ‘Stax’ crypto wallet

Ledger partners with iPhone Co-creator to launch brand new 'Stax' crypto wallet

Recommended Stories

NVIDIA Jetson Enables Local AI with Compact Models

NVIDIA CUDA Toolkit 13.4 Adds Windows on Arm, Rubin GPU Support

September 9, 2026
Deribit already holds 96.6% of Coinbase’s derivatives open interest ahead of Sept. 9 migration

Deribit already holds 96.6% of Coinbase’s derivatives open interest ahead of Sept. 9 migration

September 2, 2026
Sberbank Moves to Accept Bitcoin, Ethereum and USDT as Collateral

Sberbank Moves to Accept Bitcoin, Ethereum and USDT as Collateral

August 29, 2026

Popular Stories

  • Zcash Is Back — and Some Experts Think It Could Replace Bitcoin

    Privacy Coins Surge 5.5%; ZEC Tops $470 Amid Exit Liquidity Warnings

    0 shares
    Share 0 Tweet 0
  • Brazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organized Crime

    0 shares
    Share 0 Tweet 0
  • Binance Founder CZ Says Bitcoin Could Overtake Gold in Next Bull Run

    0 shares
    Share 0 Tweet 0
  • Co-founder of Binance Yi He on the Theft of Crypto Assets Worth $1 Million

    0 shares
    Share 0 Tweet 0
  • DBS and Citi Settle 24/7 Cross-Border Dollar Payment on SWIFT’s Ledger

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Caroline Ellison’s New Charity Job Comes With an Awkward FTX Link
  • DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto
  • Strategy’s Bitcoin Guide Makes the Case for a Global Reserve Asset

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.