I want to believe #activitypub and #fediverse are the real #web3
@matrix is the real web3, #ActivityPub has too many issues and there is not much development on extending it currently.
I bet Mastodon will also replace ActivityPub with Matrix in a few years.
Matrix is a protocol, protocols can't have financing issues; if you are talking about the company that leads the implementation efforts like Element, Synapse etc (spec defining seems self-sustained now) well... ActivityPub doesn't even have one.
That said AP has issues that comes inherently from its design. Yes Matrix is way more advanced to address those issues but complexity can just be wrapped in libraries as we do for everything else.
There is only a communication problem: most people think that Matrix is an instant messaging protocol only.
Once more applications are implemented, people will understand the difference in quality of service that Matrix can offer and that AP never can.
@post@qoto.org
s/once more applications are implemented/if more applications are implemented
but sure