Uniswap founder denies claims about tracking users’ IP addresses

Hayden Adams has said that the exchange could prevent such actions by third-party apps

24.11.2022 - 10:00

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What’s new? Hayden Adams, the founder of the decentralized crypto exchange (DEX) Uniswap, has said that the platform does not track customer IP addresses. In addition, he urged users to note that Uniswap can prevent such actions of third-party applications such as Infura and TRM. The exchange uses a proxy server to do this.

If people read our our blog post instead of angry Twitter threads they would realize Uniswap web app both:1) does not track IP2) actually prevents your IP address from being tracked by third party apis like infura and trm using a proxy server pic.twitter.com/EnEqWjgDbi — hayden.eth 🦄 (@haydenzadams) November 24, 2022

What else did Adams report? The exchange also plans to add an opt-out of analytics setting for those who do not want to provide non-personally identifiable data, among other things. Adams explained that such information is used to improve the product. He added that, for now, customers can bypass data collection with ad blockers.

What is Uniswap? It is a decentralized protocol for the exchange of cryptocurrencies, created based on Ethereum in 2018. The platform uses the native token UNI to provide liquidity. As of November 24, 09:35 UTC, the asset is trading at $5,49, down by 0,18% in 24 hours, according to Binance.

Uniswap updated its privacy policy on November 17. The platform collects data tied to users’ cryptocurrency wallets. The information includes publicly-available blockchain data, information from localStorage and other tracking technologies. A week later, ConsenSys began collecting IP and Ethereum addresses when using Infura, the default remote procedure call (RPC) provider, on the crypto wallet MetaMask.

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