When comparing Signal vs Matrix, the Slant community recommends Matrix for most people. In the question“What is the best chat software?” Matrix is ranked 1st while Signal is ranked 2nd. The most important reason people chose Matrix is:
Matrix is an open standard, defining simple HTTP APIs so that devs can easily write their own clients, bots, bridges or servers. You're not locked into a specific set of implementations.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Provides security and privacy
Signal uses an advanced end to end encryption protocol that provides privacy for every message every time.
Pro Free and open source
Signal is free and open source software, enabling anyone to verify its security by auditing the code. It's the only private messenger that uses open source, peer-reviewed cryptographic protocols to keep your messages safe.
Pro Supports encrypted group chats
Pro Has a desktop app
Signal Desktop can be used on multiple devices and has most features of the Android version, although it still requires you to register with your phone.
Pro Supports sharing of various different media types
Signal supports: emoji, pictures, videos, audio, contacts, any location and GIF.
Pro Note to Self feature
Allows you to "send: messages to yourself and sync to desktop so you can use Signal as a kind of encrypted Pushbullet alternative
Pro You can easily view all media exchanged
You can easily view all media shared in the chat without scrolling back to when it was shared.
Pro Annonymous Sender (Encrypted)
The sender credentials can be encrypted with the rest of the message, leaving only the recipient address readable by the Signal server. Even if Signal wanted they couldn't see who is talking with who by this mean.
Pro Works everywhere in every country
Unlike most messenger apps, Signal works reliably in all countries by securely circumventing internet censorship.
Pro Recommended by Edward Snowden
Edward Snowden uses this messenger and recommends it to everyone who is concerned about his privacy.
Pro Built on an open standard
Matrix is an open standard, defining simple HTTP APIs so that devs can easily write their own clients, bots, bridges or servers. You're not locked into a specific set of implementations.
Pro Bridges other networks into a single decentralised network
Matrix has bridges to IRC (freenode, moznet, oftc, snoonet etc), Slack, Gitter, Rocket.Chat, XMPP, SMS, SIP and others. The point is to 'matrix' all the different networks out there into one single decentralised network.
Pro Has an easy to use client called Riot
Riot.im is the easiest way to use Matrix, with great clients for Web, iOS and Android (and Fdroid).
Pro Does not require a centralized server to establish a connection between two users
Matrix is decentralized, there's no one central point that the information goes through and so no once central point of failure or control.
Pro Matrix prioritizes direct messaging with people the same as Slack-style groups
Matrix aims to "provide an analogous ecosystem to email - one where you can communicate with pretty much anyone, without caring what app or server they are using" using a neutral identity system.
Pro Supports different kinds of communication
Matrix is designed to support Instant Messaging, VoIP/WebRTC signalling (voice and video) and Internet of Things communication.
Pro Has an app store for 3rd party integrations & bots
Riot.im includes an app store with integrations for Github, JIRA, Jenkins, Giphy etc - and anyone can add more via Matrix.
Pro Offers choice of clients
Which can be found here.
Pro Maintains full conversation history
Pro Has an active community behind it
Pro Can be integrated with existing communication services
Matrix is designed to support Instant Messaging, VoIP/WebRTC signalling and Internet of Things communication and allows cross-communication between those services. Meaning one person could be using IRC and another Slack for IMs, or one person could be using Skype and another Google Hangouts for videoconferencing.
Pro End-to-end encryption
Matrix features end-to-end encrypted chats which are syncronized accross all your devices.
E2E is implemented in the matrix-js-sdk library and Riot.im client.
Cons
Con Needs access to your phone number and contacts to work
Con Single device
Signal can only be registered to one mobile device at a time. But you can link Signal to Signal Desktop.
Con Servers hosted in the US
A security risk due to National Security letters, which require giving up data to the US state, and making it illegal to disclose that.
Con Unreliable notifications
Sometimes messages won't be received if the Signal app has been closed for a long time or hasn't been opened after booting the device.
Con Keys cannot be checked automatically
You cannot automatically check keys of your recipients. Only manually.
