MetaMask In a position to Collect Users’ IP Addresses On-Chain Transaction

  • ConsenSys would use users’ private information to safeguard against criminal activity.
  • Infura is definitely an API-based tool that allows users to link their applications towards the Ethereum network.

The wallet’s developer ConsenSys printed a revised online privacy policy agreement On November 23, which motivated critique on social networking. That mentioned, ConsenSys’ well-known Infrura product continues to be meant to collect users’ additional data.

Based on the statement, MetaMask would start collecting users’ IP addresses and Ethereum wallet addresses during-chain transactions. Digital wallet MetaMask and also the Infura blockchain development tool are generally products provided by ConsenSys. 

Additionally, ConsenSys, explains that using Infura because the default Remote Procedure Call (RPC) application supplied by MetaMask records both their Ip as well as their Ethereum wallet address. Neither Infura nor MetaMask will gather the user’s Ip or Ethereum wallet address.

How do you use it?

MetaMask is easily the most well-loved self-child custody wallet using more than 21 million monthly active users. Although, MetaMask would collect details about users’ profiles, including login passwords and financial data, like the nuances of charge cards or any other payment cards. Also, it’ll gather transaction information, including billing information and knowledge regards purchases which make with the Service.

Further, ConsenSys believes that data acquired in this manner might be presented to affiliates, throughout transactions, in order to satisfy police force-mandated Know Your Customer and Anti-Money Washing obligations. Furthermore, ConsenSys would use users’ private information to safeguard, investigate, and deter fraudulent, unauthorized, or criminal activity.

However, ConsenSys isn’t the only company which has lately made the decision to improve the level of data it gathers from the subscriber base. Lately, decentralized exchange Uniswap began collecting various off-chain data, for example users’ device type or browser to boost consumer experience. 

Latest stories

You might also like...