Matrix people like to claim that it is a protocol, because it is 'governed by the foundation'. Make no mistake, it is not. It is a product.
True foundation directs the development of a standard, and considers the interests of all parties. But in this case, there is just one party that means anything - the company that creates the actual product - and it is obvious that the foundation is powerless to resist any of its initiatives. Which makes the Matrix foundation just a facade, to better appeal to some people.
True foundation directs the development of a standard, and considers the interests of all parties. But in this case, there is just one party that means anything - the company that creates the actual product - and it is obvious that the foundation is powerless to resist any of its initiatives. Which makes the Matrix foundation just a facade, to better appeal to some people.