For what it’s worth, Matrix is trying to be the protocol that Jack describes here - complete with relative reputation systems ( https://github.com/matrix-org/matrix-doc/blob/msc2313/propos... ) and an open standard ( https://matrix.org/docs/spec ) and even an open governance process and foundation ( https://matrix.org/foundation ) - and with work progressing towards fully decentralised p2p matrix. Rather than buildin…
Agreed (I'm a matrix user myself). When I saw the thread I was confused about what exactly (if anything) he wanted to achieve that couldn't be done with matrix. I'd be surprised if he wasn't familiar with it already. Perhaps it's largely about branding/development control? I imagine it looks better to investors to say "we're making this new thing" rather than "we're gonna use this other thing that we don't own".
The developers behind Matrix are currently funded from cryptocurrency money to the best of my knowledge.