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Decentralized Matrix messaging network says it now has 115M users
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Matrix isn't decentralized, it's federated.
Federated is a form of decentralized.
look at the word, decentralized just means it's not centralized, which is true for matrix.
the word you're thinking of is "distributed" like with torrents, which matrix can sort of be but isn't in practice.
Matrix is decentralized, as the servers are independent from each other. They choose to cooperate, so that people can talk to each other. But the servers are run by different people or organizations and act independently. Or do I get it wrong? If so, can you explain why Matrix is not decentralized?
You got it right. Matrix is decentralized. It's just not peer-to-peer (although there has been some work toward making it so).