ConsenSys intends to store MetaMask user data for only seven days

Quick Take

  • ConsenSys issued a clarification to address growing concerns about user data privacy.
  • ConsenSys said it plans to collect and retain sensitive user data for seven days.

Blockchain software company ConsenSys clarified that it plans to only store and retain user IP addresses and wallet data for up to seven days. This is an attempt to reassure users that their personal information is being handled securely, after it saw a backlash when it first said it was collecting such data.

“We retain and delete user data such as IP address and wallet address pursuant to our data retention policy. We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcoming update,” it said in a statement.

Last month, ConsenSys updated its privacy policy, stating that it collects IP addresses and wallet addresses of MetaMask users when they use the infrastructure service Infura, which is also owned by ConsenSys. Infura is the default way for MetaMask users to connect to the Ethereum blockchain.

This immediately sparked privacy concerns. The main one being that a combination of on-chain data, like blockchain addresses and transactions, and off-chain data, like IP addresses, could be able to identify individuals and reduce the amount of privacy available on the network.

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ConsenSys also said that it intends to limit data collection to on-chain transactions, not when users merely check their account balances. This would reduce the amount of times this data is collected.

ConsenSys added that it will make it easier for users to add a third-party RPC provider in a future update to give users more choices. This would make it easier for users to use alternative services to Infura and avoid ConsenSys's data collection.

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About Author

Vishal Chawla is The Block’s crypto ecosystems editor and has spent over six years covering tech protocols, cybersecurity, artificial intelligence and cloud computing. Vishal likes to delve deep into blockchain intricacies to ensure readers are well-informed about the continuously evolving crypto landscape. He is also a staunch advocate for rigorous security practices in the space. Before joining The Block, Vishal held positions at IDG ComputerWorld, CIO, and Crypto Briefing. He can be reached on Twitter at @vishal4c and via email at [email protected]


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