MetaMask will start logging users' IPs, ETH addresses during on-chain transactions

According to an update to the privacy policy agreement released by the wallet's developer, MetaMask will start logging users' IP addresses and ETH USD wallet addresses during on-chain transactions.

Users will only be able to use Infura, the default Remote Procedure Call RPC application provided by MetaMask, according to ConsenSys.

Infura is a developer of tools and APIs that Consensys acquired in October 2019.

A software communication mechanism known as RPC allows Web 3 apps to communicate with other applications on the same platform.

Users who use their own ether node or an external RPC provider will not be subject to the ConsenSys privacy policy, which was released on November 23.

The other RPC provider's terms will be applied to them instead.

MetaMask is currently one of the most popular self-custody wallets with more than 21 million monthly active users.

Adam Cochran, a partner at Cinneamhain Ventures, said there was nothing more important than consumer privacy, particularly when it comes to financial data. You have a right to be anonymous. Metamask has provided a great free service for a long time, but their decision to log IPs and tie it to transactions is unacceptable. Hayden Adams, inventor of the Uni swap protocol, said that neither the decentralized exchange nor any third-party tools on the network are able to trace IP addresses.