Has MetaMask backtracked on its ‘Web 3’ credentials?

ConsenSys the parent company of MetaMask, has announced it will collect user data via  its popular Infrura tool.

Infura is an API-based tool that allows users to connect their application to the Ethereum network, which provides the basis for many projects, such as Aragon, Gnosis, OpenZeppelin, and ConsenSys’s own flagship wallet service MetaMask.

This effectively means the MetaMask efforts to create REAL Web 3 is being backtracked.

MetaMask made history a few months back as being the only true Web 3 service by having a dApp at the UI (user interface) of their Android and iOS based wallet product.

The other way to ensure a Web 3 ecosystem becomes realized is to have it accessed through a Web 3 domain by users who are exhibiting a decentralized identity.

With users data now being collected, it destroys the ecosystems Web 3 credentials and leaves users in a ‘Web 2’ status of having their identities centralized as they access blockchain assets.

This is the current state of most so called ‘Web 3’ projects, who are stopping short at tokenization of assets, but not achieving the decentralized identity and ecosystem admittance that is core to Web 3 principles.

9ja Cosmos is here… Get your .9jacom and .9javerse Web 3 domains  for $2 at:

https://www.encirca.com/handshake-9jacom/

https://www.encirca.com/handshake-9javerse/

Some information is courtesy of ‘Decrypt’