So we kicked off the same effort before Microsoft bought Skype. The effort them took a LOT longer due to the merger. It finished a few years after the acquisition. Without MS acquiring, we would have gotten it done much faster.
Somehow the internet got this idea “Skype is going centralised to allow wiretapping, because of Microsoft”. We did it as we were fighting to be functional/somewhat reliable, with (chat) messaging becoming so big. I have a longer version in a comment[1] from a few years ago.
Having ZERO trust to Microsoft's ethics, and with the dark history of leaving things unpatched for 3-letter agencies to go berserk, it makes that theory semi-valid. I am sure that Microsoft will neither xobrifm, nor deny this allegation ;)
Edit: every time I see something massive breaking in the news about system vulnerabilities that existed 2-5-10 years, it makes me think that NSA/CIA/USA lost control of the tool/vulnerability, and they run to patch before other state agents get the chance to equally abuse that.