$ 87,501.1
$ 2,059.00
$ 0.7486
$ 631.01
$ 142.80
Nov 24, 2022
Ethereum Software Firm ConsenSys Reveals it Collects User Data
Table of contents
ConsenSys, one of the companies responsible for the Ethereum merger, revealed on Thursday that it also gathers user data for its on-chain wallet service MetaMask. Days before the discovery, the decentralized crypto exchange (DEX) Uniswap had similarly updated its privacy policy, according to reports. According to ConsenSys, it gathers user data that may be used to identify a particular user, such as contact numbers, profile details, and other user data.
ConsenSys Products Include MetaMask and Infura
According to the company, Infura, the default remote procedure call (RPC) operator for the digital wallet MetaMask, will record the customer's IP address and Ethereum wallet address for operations while utilizing Infura. RPC is a mechanism for obtaining knowledge/analysis from a program operating on a remote computer server.
The financial information won't be gathered on MetaMask if a user changes to a different RPC. ConsenSys's products include the digital wallet MetaMask and Infura, a developer of blockchain tools. While this was going on, members of the Crypto Twitter community expressed their anger with the decision, which some believed violated a user's privacy, one of the main tenets of the crypto sector.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.