• poVoq@lemmy.ml
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    3 years ago

    So switch from one mostly centralized service being currently taken over by a dodgy crypto-currency linked company (Freenode Inc.) to one that already has been a for-profit dodgy crypto-currency funded company (NewVector/Element) for some years?

    Libera.chat is at least run by a Swedish non-profit with all volunteer admins (but is also too centralized).

    • freezingwinter@lemmy.ml
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      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
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        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
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          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
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            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.