Discord would have made a better name for a decentralized network and Matrix would have been better for a private company.

poVoq , 2 months ago

For all practical purposes Matrix is run by a private for profit and venture-capital funded company called Element / New Vector.

FiniteBanjo OP , 2 months ago

If the company went under you could continue to selfhost, right?

poVoq , 2 months ago

Yes, but there are IMHO better options like XMPP or IRC that are truely community driven and have stood the test of time.

jg1i , 2 months ago

I found a related thread to this on Hacker News. It was interesting to read:
https://news.ycombinator.com/item?id=19365968

poVoq , 2 months ago

It has improved a bit since then (2019), but mainly because of the detoriating funding situation forcing Element to push the Matrix foundation to try and survive on their own.