Privacy

How well does your wallet protect your privacy?

Wallet	Wallet address privacy	Multi-address privacy	Private token transfers
Daimo	PARTIAL	PASS	FAIL
Ambire	PARTIAL	FAIL	FAIL
Coinbase Wallet	UNRATED	UNRATED	FAIL
Elytro	UNRATED	UNRATED	FAIL
Family	UNRATED	UNRATED	FAIL
Frame	UNRATED	UNRATED	FAIL
MetaMask	UNRATED	UNRATED	FAIL
Phantom	UNRATED	UNRATED	FAIL
Rabby	UNRATED	UNRATED	FAIL
Rainbow	UNRATED	UNRATED	FAIL
Safe	UNRATED	UNRATED	FAIL
Zerion	UNRATED	UNRATED	FAIL

Wallet address privacy

Your wallet address is unique and permanent, which makes it easy for applications and companies like Chainalysis to track your activity. In web-privacy terms, it is worse than cookies: its record is permanent, publicly visible, and even tracks across multiple devices and websites. The more personal information is linkable to your wallet address, the more effective such tracking can be. It is therefore important to use a wallet that does its best to protect your information from being linked to your wallet address.

Multi-address privacy

You probably have more than one wallet address configured in your wallet, which you use for different purposes and perhaps as different identities. These wallet addresses all belong to you, but you would rather keep that fact private. It is therefore important to use a wallet that does not reveal that fact.

Private token transfers

Data posted on public blockchains like Ethereum is publicly available to everyone. This means that anyone can see your transaction history. You would not voluntarily post your bank statements or private purchase history online, yet this is what happens by default when transacting on public blockchains.

Many privacy solutions have emerged to solve this problem. However, to be actually usable by users, these solutions must be tightly integrated in wallets and easy to use. Walletbeat looks at whether wallets let users send, receive, and spend tokens privately by default.