according to revision Per the privacy policy agreement issued by ConsenSys on November 23rd, MetaMask will start collecting user IP addresses and Ethereum wallet addresses during on-chain transactions.
However, wallet creator ConsenSys explains that the collection of user data only applies if the user is using Infura, MetaMask’s default remote procedure call (RPC) application. . Therefore, any individual using MetaMask to own his Ethereum node or a third party his RPC provider is not covered by his newly updated ConsenSys Privacy Policy. Instead, the terms of her other RPC provider apply.
According to ConsenSys, information collected in this manner may be disclosed to affiliates during commercial transactions or to comply with Know Your Customer and Anti-Money Laundering requirements mandated by law enforcement. MetaMask is currently one of his most popular self-custody wallets on the market, with over 21 million monthly active users.
The reaction within the crypto community has been mostly negative. For example, Cinneamhain Ventures partner Adam Cochran said: said:
“Nothing is more important than consumer privacy, especially when it comes to financial data. You have the right to be anonymous. Their decision to associate it with the transaction is unacceptable.”
At the same time, Hayden Adams, the inventor of the Uniswap protocol, outline Do not allow your IP to be tracked by decentralized exchanges or by third-party tools on the platform. ConsenSys joins the ranks of his prominent Web3 companies such as Coinbase. These companies are embracing IP collections in part due to increasingly stringent regulations.
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