Meta Mask is an open-source wallet for Ethereum, which has been on the market since 2014. The wallet is available as a browser add-on for Google Chrome, Firefox, Edge and Brave as well as for iOS and Android. In addition to the storage and management of tokens based on Ethereum, advanced functions such as staking or access to decentralized exchanges (DEX) are easily possible even for beginners.
Metamask is one of the so-called hot wallets because the private keys are stored online and are therefore susceptible to hackers and, if used carelessly, to fraud. Nevertheless, with over 1 million users on Android devices alone, Metamask is one of the most used wallets in the world.
MetaMask developer ConsenSys updated its privacy policy on November 24 to track MetaMask users' IP addresses and Ethereum addresses when sending a transaction.
The update applies to users using Infura as RPC provider in MetaMask. Infura is a subsidiary of ConsenSys and is set as the default RPC provider in all MetaMask wallets.
The update also informs that when users switch their RPCs from Infura to another provider, their data will not be collected by ConsenSys. However, they are subject to the data collection policies of their RPC provider of choice. ConsenSys' updated privacy policy states:
If you use Infura as the default RPC provider in MetaMask, Infura will collect your IP address and your Ethereum wallet address when you send a transaction.
Alternatives to Metamask
Crypto detective @CryptoSnooper_ shared the news on his Twitter account, saying that users could either switch to a different wallet or change their RPC providers to bypass the update.
CryptoSnooper suggested Trust Wallet (TWT) or Rainbow as alternative wallet providers that currently do not collect user data. As a second option, users can switch their RPC provider from Infura to another provider. CryptoSnooper recommended Alchemy and provided a tutorial describing how to change the RPC endpoints.
My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange!
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning SiteLiteCoinPay -
The #1 FaucetPay earner for LitecoinLBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!FaucetPay - The #1 Microwallet PlatformFREEBTC - The #1 FaucetPay earner for Satoshi'sFireFaucet - An earning site that pays better for some than Cointiply
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BNB, ZEC, USDT, FEY, 25 Claims Daily
Comments
Post a Comment