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ConsenSys Says It Does Not Sell Any MetaMask User Data, Plans To Store It for Only Seven Days

December 6, 2022
in Ethereum
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Ethereum (ETH) software company ConsenSys is once again responding to the controversy sparked by its recent update to its terms of service.

Last month, ConsenSys updated its term of service to collect user data such as names, IP addresses, dates of birth, usernames, contact information and gender.

The firm later addressed the privacy concerns in relation to the update, saying that users could choose not to use Infura as their default node service provider.

In a new blog post, ConsenSys says it does not sell any user data, collecting it only to ensure successful transaction propagation, execution, and other functionalities like DDoS protection.

The software firm also says it is working towards only storing any collected data for seven days.

“We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcoming update.

We have never and will never sell any user data we collect. We use data strictly in adherence with the use limitations described in our privacy policy.”

ConsenSys reiterates that MetaMask users can choose not to use Infura nodes, but says that using an alternative remote procedure call (RPC) may not always provide superior security or privacy.

“We are also making some updates to MetaMask to reinforce our commitment to user choice. While Infura is the pre-loaded default RPC provider when users install MetaMask, sometimes a user wishes to designate an alternate third-party RPC or self-host their own node.

From a privacy perspective, we caution that these alternatives may not actually provide more privacy; alternate RPC providers have different privacy policies and data practices, and self-hosting a node may make it even easier for people to associate your Ethereum accounts with your IP address.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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