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Matrix is not the best encrypted messenger, it’s more focused around public groups with E2EE being an optional feature as that doesn’t work with most bridges, which is the selling feature of Matrix.
But they could host it locally, right? And E2EE is available?
Yes and yes. But Matrix falls under the same group as WhatsApp and Signal, it’s UK not French based.
However, Matrix as a service isn’t reliant on a parent company’s servers like WhatsApp and Signal are.