MetaMask stores the IP addresses and Ethereum wallets of its users


Key facts:
  • ConsenSys may share stored data with third parties under certain criteria.

  • It is possible to change the RPC Provider in MetaMask to avoid actions declared by ConsenSys.

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ConsenSys, the developer of the MetaMask wallet, has announced changes to their privacy policy according to which, going forward, they will be able to store their users’ IP addresses and Ethereum addresses.

ConsenSys new metrics It went into effect yesterday, November 23, 2022. The company explains on its website that collection of specified data takes place when a user performs transfers using MetaMask and its default RPC provider, Infura, which is also a ConsenSys product.

An RPC Provider is a kind of middleman between the application and the blockchain it interacts with. These types of platforms provide a service that allows every transaction made by a user of a wallet such as MetaMask to access the corresponding network blockchain.

A user’s IP address and their Ethereum wallet address are data that, together, They can be used to reveal your identity and activity on this network; Since in blockchains like Ethereum, every transaction that takes place between its users is permanently recorded.

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The fact that ConsenSys stores this type of information about its users puts your privacy at risk in two ways. On the other hand, there is a possibility that the company may transfer this data to third parties, something that has been considered in its privacy policies. On the other hand, if a company’s database is hacked, This private information can be leaked. In both scenarios, MetaMask users could be seriously hurt.

We may share personal information if we enter into a business transaction, or negotiate a business transaction, that involves the sale or transfer of part or all of our business or assets.

ConsenSys Privacy Policy.

The above quote, taken from the ConsenSys Privacy Policy, is one of several clauses under which This company may share the personal data of its users with third parties. These range from commercial agreements, such as appointment status, to complying with Know Your Customer (KYC) policies.

MetaMask users who wish to continue using this wallet, but are concerned about their privacy, have an alternative to protect themselves that consists of Change the RPC provider in your MetaMask configuration. As stated in the ConsenSys Privacy Policy: “If you use your own Ethereum node or a third party node that acts as an RPC provider with MetaMask, neither Infura nor MetaMask will store your IP address or your Ethereum wallet address.

It is important to note that MetaMask users who wish to use an RPC provider other than Infura will have to do some research to ensure that this other one is not subject to the same practices of storing their IP address and their Ethereum wallet. In any case, The safest option for the user would be to manage their own Ethereum node It can do this function and therefore does not depend on a third party.

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Infura raised central alarms in the community ethereal through years. In 2018, Ethereum developers warned of the dangers that the vast majority of Dapps (Decentralized Applications) depend on Infura. CriptoNoticias also reported, in a recent context, that Infura and Alchemy, another RPC provider, censored transactions from the Tornado Cash platform in compliance with orders issued by US authorities.

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