Thread by @defihumair

1- 🔴Why is the #ConsenSys update spreading panic among crypto users?
$mask #Metamask

2- Following the #FTX Saga, everyone is looking for a non-custodial digital asset-storing option, and we know #MetaMask is the most popular self-custodial wallet. However, at this time, this #Consensys privacy update has received some backlash from the crypto community.
$mask

3-🟢Spreading too much noise on Twitter, so many people say so many things, but how can you filter out the positive thoughts from the noise?
@MetaMask @ethereumJoseph
$mask @ConsenSys @infura_io

4- First, you read the #ConsenSys privacy policy update blog post

1-consensys.net/privacy-policy/

The company claimed only the language of the policy was updated, and “nothing” else about the policy or data collection is different. 👇

2-consensys.net/blog/news/priv…

5- Speaking to #Cointelegraph, ConsenSys said:

“Infura does not improperly exploit this information, and ConsenSys does not monetize this information as some Web2 companies do.”
@ConsenSys $mask

6- The company said that the policy has always explained how IP addresses and other types of personal information are collected automatically. ConsenSys says that the most recent changes were made to show how Infura, MetaMask’s default RPC, works with user data.
$mask #Metamask

7- If you use other third-party RPC like Alchemy, QuickNode, Moralis, and Tatum that #Ethereum developers can use. These tools also have their own rules about how they collect data, which could also change in the future.
$mask

8- If you want to use an online self-custody wallet so #Metamask is best otherwise, you use cold storage (hardware wallet) which is totally saved. A hardware wallet is the ultimate final option.
@MetaMask
cryptoavanza.com/consensys-priv…

@UnrollHelper