In a privacy update published Dec. 6, ConsenSys, the developer of the popular MetaMask browser wallet, said it would reduce its retention of user data such as wallet addresses and IP addresses to seven days. Previously on Nov. 24, ConsenSys updated its privacy policy to clarify how Infura, or MetaMask’s default Remote Procedure Call (RPC), works with user data such as including IP addresses. The revelation sparked controversy in the crypto community regarding privacy concerns, leading the firm to clarify that IP addresses collected through MetaMask will not be monetized or “exploited.” 

In today’s update, ConsenSys further elaborated that it does not store MetaMask wallet information when users make “read” requests through Infura, such as logging in to check their account balance. Instead, users’ IP and wallet addresses are only logged after “write” requests by making transactions through Infura’s RPC endpoints. ConsenSys also claims the two data types are not stored together to allow its systems to inference from them.

After community feedback, the firm said it would be building a new advanced settings page to give all new users the opportunity to choose their own RPC during onboarding and thereafter. Users have the option to opt-out of Infura and choose a third-party RPC. However, ConsenSys warned that:

“From a privacy perspective, we caution that these alternatives may not actually 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.”

Read More: World News | Entertainment News | Celeb News
Cointelegraph

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Curve-Vyper exploit: The whole story so far

The decentralized finance (DeFi) ecosystem has experienced a challenging week after a…

Dave Portnoy’s SafeMoon position is down 94%, claims he’s being sued by project

Barstool Sports founder Dave Portnoy has watched his investment in SafeMoon (SAFEMOON)…

$740M in crypto assets recovered in FTX bankruptcy so far

NEW YORK >> The company tasked with locking down the assets of…

Bitcoin funding rates show demand to short BTC as $40K becomes resistance

Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored…