Matrix is cooked
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
This is informative and unfortunate
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
Second biggest mistake next to them working for law enforcement.
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
Dude...y'all are dumb as hell. If this isn't written by AI, I'll eat my hat.
This dumbshit posted an article about something that confused a searchable VC firm called "Matrix". This has zero to do with the Matrix.org that I think(?) it is intended to talk about.
Simple proof: the word "venture" is mentioned just once in the entire post, and it can't dig deeper into any other claims it makes.
This is simply a post confusing "Matrix Partners", and using readily available information about that company, and trying to transpose it on Matrix.org which is not the same thing.
AI has truly killed the internet.
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Dude...y'all are dumb as hell. If this isn't written by AI, I'll eat my hat.
This dumbshit posted an article about something that confused a searchable VC firm called "Matrix". This has zero to do with the Matrix.org that I think(?) it is intended to talk about.
Simple proof: the word "venture" is mentioned just once in the entire post, and it can't dig deeper into any other claims it makes.
This is simply a post confusing "Matrix Partners", and using readily available information about that company, and trying to transpose it on Matrix.org which is not the same thing.
AI has truly killed the internet.
The article shortens venture capital to VC. It also didn't confuse the Matrix Foundation with a VC firm of the same name, it's talking about Element (formerly Riot). Like, the article says this in pretty simple English, I'm genuinely confused how you could've missed it:
In roughly the beginning, there was two organizations that came out of the project: The Matrix Foundation and New Vector Ltd / Riot / Element. The idea was for New Vector Ltd to carry out the necessary work and bring in the necessary funding for the Matrix Foundation to thrive. Or well, so I've been told.
They had multiple funding rounds lead by the likes of status.im, Automattic, the AI and Web3 company protocol labs and others; You get the gist, lots of VC and similar funding also a questionable amount of “Web3” and
bullshit generationAI. Element was then tasked with using that to build the software that would power Matrix. -
Dude...y'all are dumb as hell. If this isn't written by AI, I'll eat my hat.
This dumbshit posted an article about something that confused a searchable VC firm called "Matrix". This has zero to do with the Matrix.org that I think(?) it is intended to talk about.
Simple proof: the word "venture" is mentioned just once in the entire post, and it can't dig deeper into any other claims it makes.
This is simply a post confusing "Matrix Partners", and using readily available information about that company, and trying to transpose it on Matrix.org which is not the same thing.
AI has truly killed the internet.
It seems in line with everything mentioned here:
New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix | TechCrunch
New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow
TechCrunch (techcrunch.com)
This being the sad outcome, 5 years later.
Hopefully you're wearing a cinnabon on your head.
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The article shortens venture capital to VC. It also didn't confuse the Matrix Foundation with a VC firm of the same name, it's talking about Element (formerly Riot). Like, the article says this in pretty simple English, I'm genuinely confused how you could've missed it:
In roughly the beginning, there was two organizations that came out of the project: The Matrix Foundation and New Vector Ltd / Riot / Element. The idea was for New Vector Ltd to carry out the necessary work and bring in the necessary funding for the Matrix Foundation to thrive. Or well, so I've been told.
They had multiple funding rounds lead by the likes of status.im, Automattic, the AI and Web3 company protocol labs and others; You get the gist, lots of VC and similar funding also a questionable amount of “Web3” and
bullshit generationAI. Element was then tasked with using that to build the software that would power Matrix.We got that. It literally provides no backstory or proof to any claims made though.
Like you just quoted something...okay, so if that's the case, links, because it would be publicly known.
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It seems in line with everything mentioned here:
New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix | TechCrunch
New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow
TechCrunch (techcrunch.com)
This being the sad outcome, 5 years later.
Hopefully you're wearing a cinnabon on your head.
6 years ago, first of all.
Second, this project has transitioned literally everything away from that.
It literally has no relevant point.
Just someone ranting against shit they known nothing about, your link going further to prove that point.
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This is informative and unfortunate
No, it's neither of those things.
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We got that. It literally provides no backstory or proof to any claims made though.
Like you just quoted something...okay, so if that's the case, links, because it would be publicly known.
Now you're just moving the goal posts. You claimed the article was AI generated and assumed it was talking about a separate entity also called Matrix, when neither of those things are true. I also didn't 'just quote something', I quoted the above article.
But fine:
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
I mean I can still self host, what's that got to do with anything? Their server is gonna be freemium so what?
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Now you're just moving the goal posts. You claimed the article was AI generated and assumed it was talking about a separate entity also called Matrix, when neither of those things are true. I also didn't 'just quote something', I quoted the above article.
But fine:
Man, I hope that guy has a tasty hat.
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I mean I can still self host, what's that got to do with anything? Their server is gonna be freemium so what?
It's clear matrix.org is being run by scumbags trying to take advantage of useful idiots.
The protocol itself seems good, though.
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It's clear matrix.org is being run by scumbags trying to take advantage of useful idiots.
The protocol itself seems good, though.
Have you actually met any of them at say, Fosdem?
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It's clear matrix.org is being run by scumbags trying to take advantage of useful idiots.
The protocol itself seems good, though.
Eh, as long as they don't fuck with the protocol I don't really care. NGL. The community can always maintain a list of instances to defederate from. That can also include matrix.org
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
This seems a bit of an odd take. Matrix.org making their server freemium is up to them - charging some users to use the service (not the software) is a way of keeping the lights on. Better that than ads or selling user data. Lots of privacy focused orgs do the same - Proton, Tuta, Mailbox, Mullvad, IVPN. If people also have an issue with Element - don't use Element, use one of the other apps.
If people are this upset, its not impossible (or even that hard) to migrate to a different server - or host your own.
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
Today I learned that VC funded companies are not allowed to invest in open source projects. Matrix would be nowhere near its current state if it wasn’t thanks to Element. It’s not the best, but it’s far from “cooked”.
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Truth is, to get right to the point, the fact that Matrix was accompanied by a for-profit entity, funded by venture capital was the biggest mistake that Matrix as a project has ever made.
XMPP chads, we won!
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This seems a bit of an odd take. Matrix.org making their server freemium is up to them - charging some users to use the service (not the software) is a way of keeping the lights on. Better that than ads or selling user data. Lots of privacy focused orgs do the same - Proton, Tuta, Mailbox, Mullvad, IVPN. If people also have an issue with Element - don't use Element, use one of the other apps.
If people are this upset, its not impossible (or even that hard) to migrate to a different server - or host your own.
I think the problem is that the Matrix Foundation (non-profit org) is being slowly cannibalized by Element (for-profit, VC-funded) which ends up making their costs and profit expectations a lot higher.
Right now this is only impacting the matrix.org homeserver. However, this could eventually end up impacting protocol-level design choices that harm other instances as well. Sure, you could fork the protocol and clients, but now we're talking about taking up the work that an entire organization had previously been doing. Not impossible if an existing organization like the FSF or Linux Foundation started backing something, but not a great place to be in either.
Edit: grammar
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Second biggest mistake next to them working for law enforcement.
So if FBI has an internal Lemmy instance we should start boycotting Lemmy?
