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Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses – Privacy Bitcoin News

Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses

Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection. The dex platform’s operator, Uniswap Labs, revealed that the company’s software collects its users’ onchain data to bolster “data-driven decisions that improve user experience.”

Consensys Privacy Policy Reveals User Data Collection

The digital currency community and the social media demographic known as ‘crypto Twitter’ (CT), has been talking an awful lot about Consensys’ privacy policy. The privacy policy applies to the firm’s Ethereum infrastructure platform Infura and the Web3 wallet Metamask.

According to the policy, if a user leverages Infura and an RPC using Metamask, the software will collect the user’s crypto address and IP information. Infura, however, is Metamask’s default RPC provider and another RPC can be utilized. For instance, if a user operates its own node. Users can also switch to another RPC like Tatum, Moralis, Alchemy, and Quicknode.

If the user switches the RPC calls on Metamask from Infura to something else, the user’s crypto address and IP information won’t be collected. The Consensys move follows Uniswap Labs explaining a similar decision in a blog post called “Uniswap Labs’ Commitment to Privacy.”

Uniswap’s decision was criticized a great deal and Consensys’ privacy policy started making the rounds on Nov. 24. The Metamask and Infura subject has been getting just as much flak on social media and crypto-related forums. Bitcoin supporter and editor at satoshipapers.org, Tuur Demeester, shared his two cents about the situation.

“Etherean wakes up to the value of running his own full node, only to realize that’s no longer an option,” Demeester tweeted. “To wit: First centralized stakers began censoring transactions. Now Metamask, the main [Ethereum] access provider, is recording IP and wallet…

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