Re:Status.im Invests $5M in Riot.im
by wk2jkhkjdfglsl on Monday January 29, 2018 @06:39PM
(#16261627)
Its good that Riot gets money, but its incredibly damning for Status, an ICO that was meant to produce its own chat platform. This shows status has no technical ability of their own, and has to ride on existing open source products.
The status investors paid to build a new platform, and the team is unable to deliver this.
By paying an existing open source project, yes we all win, but that is not what people (not myself, are you crazy... lol) paid for.
Re:Status.im Invests $5M in Riot.im
by Arathorn on Tuesday January 30, 2018 @06:06PM
(#16269933)
Status isn't actually using Matrix in its own tech - they seem to be getting on great with their own React Native / ClojureScript / Whisper/PSS stack :)
The status investors paid to build a new platform, and the team is unable to deliver this.
By paying an existing open source project, yes we all win, but that is not what people (not myself, are you crazy... lol) paid for.