Because of its federated nature, Matrix shares tremendously large amounts of metadata between instances, even though the messages (and I believe the usernames you send to, but someone correct me on this) themselves are encrypted.
On the flip side, Signal requires you to sign up using your phone number. Some Matrix instances only require you to choose a username and be done with it.
Homeserver admins (of all homeservers that federate given Matrix room) can see who (meaning: Matrix user id) you've talked to and when it happened. They cannot access the content of the messages itself, as it is protected by E2EE.
Matrix P2P has been proposed to circumvent this issue (by embedding a local Matrix server within the client), but I have not yet seen it "in the wild".
this post was submitted on 24 Jul 2023
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