latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

ConsenSys says it collects IP addresses of MetaMask users via Infura

Ethereum-focused software company ConsenSys collects IP addresses and wallet address information of those who access Ethereum wallet MetaMask via the blockchain infrastructure service Infura. That's according to its updated privacy policy .
ConsenSys owns both MetaMask and Infura. Infura runs blockchain nodes on behalf of wallets and individuals. When someone makes a blockchain transaction via their MetaMask wallet, it defaults to Infura, which broadcasts the transaction to the Ethereum blockchain. MetaMask connects to Infura through what's called a remote call procedure service (RPC).
“When you use Infura as your default RPC provider in MetaMask, Infura will collect your IP address and your Ethereum wallet address when you send a transaction,” ConsenSys said.
ConsenSys added that if users accessed MetaMask with alternative RPC providers like Ankr, Alchemy and others, the firm would not collect such data. Still, it pointed out that third-party RPC providers may collect such data if they want to.
The concern is that companies collecting both on-chain data, like blockchain addresses and transactions, and off-chain data, like IP addresses, could be able to identify individuals and reduce the amount of privacy available on the network.
Yet MetaMask Founder Dan Finlay said on Twitter that he understands MetaMask is not using IP addresses even if they are being temporarily stored. " I think we can get this fixed soon," he said.
Earlier this year, ConsenSys raised $450 million in a series D round that closed at a $7 billion valuation, making it one of the largest players in the crypto space. The blockchain firm is led by Joseph Lubin, who played a role in the launch of Ethereum.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. shares this Contents always with License.

Thank you for Share!



Cool to know huh? Read the full Article

Read the full Article:  ⭲ ConsenSys says it collects IP addresses of MetaMask users via Infura

Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News

SneakPeek Script
Setup, Upload and Go!