• freezingwinter@lemmy.ml
    4·
    3 years ago

    I don’t see any reason for communities which prefer IRC to make a move to matrix but your comment seems unfounded.

    Matrix Foundation, which is a steward of matrix protocol, is a UK non-profit community interest company.

    Element is a for-profit but how exactly is it dodgy? It is primarily a FOSS company. Their only connection to cryptoidiocy I know of is in some experimental P2P matrix implementations.

    • poVoq@lemmy.ml
      4·
      3 years ago

      Read up a bit on the funding history of New Vector Ltd. i.e. about their VC funding and the “strategic” 2018 merger with Status (Ethereum-based chat and crypto wallet app).

      The foundation was IMHO only created as an afterthought to make [Matrix] more palatable for the wider OS community.

      • freezingwinter@lemmy.ml
        3·
        3 years ago

        From the blog by status:

        Furthermore, the collaboration between Status and Matrix is expected to:

        • Utilize the Status Network token within Riot.im by enabling crypto assets
        • Create a bridge between Matrix and Whisper (Ethereum’s own real-time communication protocol)
        • Integrate Status DApps as widgets within Riot.im

        This does sour my view of Element.

        Matrix Foundation might have been an afterthought but it still is a valid step in ensuring at least some independence of the protocol from Element.

        • poVoq@lemmy.ml
          1·
          3 years ago

          True, the foundation is not all bad, but at least currently the people in charge of it are the same persons (& close friends) as those running NewVector Ltd. Once that changes significantly I am willing to soften my stance on the foundation itself.