ConsenSys assures that it has not made any changes to its data privacy policy.
In a Press release, ConsenSys, developer of MetaMask and Infura, assured that the privacy policies of its products have not been modified, highlighting that it has only made an update to clearly inform its users about what data is collected and how it is used. gives to them.
“ConsenSys shared an update to its privacy policy to all of its users, which included updated policy clauses to clearly communicate what information is collected and how it is used.”, the company said.
However, this update to ConsenSys' privacy policies has raised major concerns in the crypto community about data collection and user surveillance.
Specifically, ConsenSys has indicated that its privacy policies establish the automatic storage of certain user data, which may include your IP addresses. In the case of Infura, user IP addresses are collected each time the tool is used as the default RPC provider in MetaMask and, in the wallet, each time a transaction is made.
Privacy and Security Concerns in MetaMask
Healthy Pockets founder Hugo Botto commented that if MetaMask is collecting the IP addresses of its users, this represents a serious privacy and security problem.
On his Twitter account, Botto highlighted that IP addresses represent a specific unique address, which belongs to a specific user each time he or she connects to the Internet through a computer or smartphone. Thus, in the hypothetical scenario that a third party could access the data collected by MetaMask, including IP addresses, the security and privacy of the wallet users would be exposed.
As Botto commented, the unauthorized third party could know the location of users and the amount of their cryptocurrency funds through these addresses.
On the other hand, the developer of MetaMask, Dan Finlay, specified that although the cryptocurrency wallet collects data from its users, its objective is to have as little data as possible. Finlay also argued that ConsenSys does not monetize this data and that users could strengthen their privacy by using a VPN (Virtual Private Network) or the Tor anonymous network. However, Finlay's comment It was not well received by everyone., with some users questioning the need to resort to privacy tools to use a wallet service that presents itself as a leader in the Web3 ecosystem and decentralization.
Privacy, a fundamental value of the crypto industry and Web3
Among the solutions that crypto industry experts are analyzing to help wallet users protect their data and privacy are changing RPC (Remote procedure call) providers or using crypto wallets. alternatives.
ConsenSys' privacy policy update comes at a critical time for cryptocurrencies. In the midst of the collapse of FTX and the chaos that caused its resounding fall in the market, Crypto community leaders have been pushing users to use cool wallets. and not connected to the internet to protect your crypto assets and maintain your privacy.
Finally, another of the most used decentralized services in the crypto industry, the Uniswap DEX, also reported on its privacy policies, mentioning that some data, such as public on-chain data, device type, and browser version, are collected with the purpose of improving the user experience.
Like the ConsenSys statement, Uniswap release It caused great discontent among those who defend privacy as one of the fundamental values of the crypto industry for the construction of Web3.
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