MetaMask, its updated policy, and all there is to know about the recent outrage

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2022-11-26 17:15:51

MetaMask’s updated privacy policy has been a trending topic in the crypto market especially in the last few days. Individuals on crypto twitter advocating privacy have accused MetaMask of attempting to breach the user’s right to privacy with their new update. However, company officials have refuted any such claims. 

A quick dive into MetaMask’s updated privacy policy 
On 23 November, the popular crypto wallet revised its privacy policy. As per the new update, details regarding users’ IP address as well as their [ETH] wallet address would be gathered by Infura. 

Infura happens to be MetaMask’s default Remote Procedure Call (RPC) provider. The updated policy was published on the official website of ConsenSys, the parent firm of MetaMask. 

Users on twitter were quick to scrutinize the revision and soon pointed out the shady details in the new policy.

“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.” the policy read. 

Word from the ConsenSys founder 
Joseph Lubin, the founder of ConsenSys, took to Twitter on 26 November to address what he referred to as “misunderstandings” regarding MetaMask’s updated privacy policy. In a lengthy twitter thread, Lubin explained how ConsenSys was just the developer of MetaMask. Furthermore, its default RPC provider Infura, and that it had no part in the wallet’s operations.

“Infura takes requests from MetaMask (or other software products that use it) and returns answers to those requests. Some of those requests require data to read it from the blockchain.” he said.

According to Lubin, Infura requires the IP address, as well as the blockchain address to process requests from MetaMask. He added that this was a standard industry practice. 

Considering the situation at hand, the ConsenSys chief proposed a solution involving the decentralization of RPC providers. According to him, several projects, including Infura, are working towards a solution that would bring more decentralization without compromising the performance. 

ConsenSys’ responds
Following the initial policy update, ConsenSys also released a statement to address the outrage over alleged attempts to rob users of their privacy. The firm clarified that MetaMask’s latest update did not result in intrusive data collection or data processing. 

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Source by [earlynews24.com]