Metamask To Resolve Concerns Over IP Address Collection

Metamask IP Address Collection Concerns: Amid widespread concerns over gathering user IP addresses while accessing the service, Consensys, the company behind Metamask, clarified on its privacy policy. Earlier, the US-based company updated its privacy policy, which revealed that Metamask was gathering user IP addresses through Infura, which is also owned by Consensys. In a latest, Consensys released a statement saying the recent update was not intended at a drastic change in its business practices. It was aimed at solely providing greater transparency on existing practices, it said.

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How Consensys Data Storage Works

Following reports of potential user data storage by the company, the crypto company raised concerns over the centralization aspect. Although Metamask admitted to using the data, the company said it is not misusing it. Also, there is no evidence to show that there was any data misuse so far. In its statement, the company said it would collect wallet and IP address information only in case of “write” requests. Data is retained for a short period of time before it is deleted, it added.

“We retain and delete user data such as IP address and wallet address pursuant to our data retention policy. We are working on narrowing retention to 7 days.”

Consensys said it was making some updates to MetaMask while also rolling out a new advanced settings page for user onboarding.

Voice Against Monopoly

Recently, Dan Finlay, the co-founder of Metamask, expressed his support for Coinbase’s recent decision to end support for NFT transfers. Coinbase Wallet cited high gas fee of 30% charges on the Apple iOS ecosystem for the decision. Finlay proposed the launch of a new prepay transaction relay service to help Apple users avoid the fee.

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Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

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