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.

  • tekato@lemmy.world
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    12 days ago

    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”.

  • slacktoid@lemmy.ml
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    12 days ago

    I mean I can still self host, what’s that got to do with anything? Their server is gonna be freemium so what?

  • Leraje@lemmy.blahaj.zone
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    12 days ago

    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.

    • nialv7@lemmy.world
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      12 days ago

      Yeah they have the rights to do it, doesn’t mean it’s a good thing to do, doesn’t mean it won’t negatively impact the future of the project.

      Redis had the rights to change the license of redis, look at where that led them.

  • just_another_person@lemmy.world
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    12 days ago

    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.

      • just_another_person@lemmy.world
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        12 days ago

        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.

    • flamingos-cant@feddit.ukOP
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      12 days ago

      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 generation AI. Element was then tasked with using that to build the software that would power Matrix.

      • just_another_person@lemmy.world
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        12 days ago

        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.

      • omnioki@sh.itjust.works
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        11 days ago

        As far as I know Lemmy didn’t profit off of making their instance, nor do they have contracts with law enforcement to implement it for them. The same cannot be said for Matrix Foundation.

        • Jade@programming.dev
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          10 days ago

          The Matrix Foundation and Element/New Vector are different orgs, and it’s Element with the government contracts