All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
“If you’re using your own Ethereum node or a third party RPC provider with MetaMask, then neither Infura nor MetaMask will collect your IP address or Ethereum wallet address (but you should be aware your information will be subject to whatever information collection is performed by the RPC provider you are using and their terms regarding such collection).”
One community member not only voiced his opinion but also mentioned other trusted crypto wallets. @CryptoSnooper informed the community that users can stay with Metamask and change their RPC provider or change their wallets. He said that they should consider @rainbowdotme and @TrustWallet. It’s worth mentioning that if you’re considering changing wallets it’s crucial that you restore your wallet before you uninstall Metamask.
After receiving a substantial amount of backlash, the Metamask team responded with a rather counterproductive tweet that only made matters worse.
Nothing has changed in the way MetaMask and Infura operate.
Here’s a statement clarifying what we do with user data (spoiler: nothing).https://t.co/4dDKMvcMvv
— MetaMask 🦊💙 (@MetaMask) November 24, 2022
Conversely, the statement states the updates do not breach users privacy, nor are they a response to regulatory changes. Furthermore, ConsenSys mentioned that Infura is not the only RPC provider that collects users IP and wallet addresses. “This is not Infura-specific and is consistent with how web architecture works generally, though we continue to pursue technical solutions to minimize this exposure, including anonymization techniques,” said Consensys.
During the same period, Hayden Adams, the creator of Uniswap, made a tweet combatting accusations that the decentralized exchange tracks IP addresses. According to Adams, Uniswap prevents third-party apps (such as Infura and TRM) from tracking IP addresses. All things considered, Metamask is walking on a thin line within the crypto community. Users are not hesitating to change wallets. Depending on how the team proceeds, Metamask’s success could be hindered.