I want to setup a matrix instance to help increase friends and family’s privacy. Is there much value in creating my own instance?
I’m a beginner to linux and coding, but am good at following the steps on a video tutorial.
Alternatively i could get everyone to sign up on a preexisting instance + download the element app.
Thanks for sharing your opinions !
See my comment above, to the best of my knowledge (and I somewhat know the developer) Snikket has only received funding from NLnet (a non-profit Netherlands based foundation in charge of the .nl domains) that was part of a larger grant by the EU Commission. That is about as non-shady as it gets and by the way the same as Lemmy has got. Otherwise the Snikket developers try to establish a hosting service, but AFAIK funding is tight as the above mentioned grant will end soon.
In any case, this is a faaaar cry from crypo-currency and venture capital funding that New Vector / Matrix has received (both in quantity and quality), so I don’t think it is fair to put them in the same bucket.