When comparing Steam Chat vs Element (formerly Riot), the Slant community recommends Element (formerly Riot) for most people. In the question“What is the best voice chat for gaming?” Element (formerly Riot) is ranked 3rd while Steam Chat is ranked 6th. The most important reason people chose Element (formerly Riot) is:
You're not confined within Element's or even Matrix garden, and you don't have to make users of other networks switch to Matrix.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Easily one click invite
Now you can create and send links that will invite people directly into your group chat. Email, message, or text the link for them to join from the Steam Client or a web browser.
Pro Supports mobile clients
Steam has a fully-featured mobile client support for Android and iOS, which makes it very easy to check in on the app and communicate while on the go.
Pro Gets installed with Steam
When you are using someone else's computer for playing games Steam is normally installed
Pro Modernized chat
Every chat on Steam is now multi-media friendly. Getting your point across is easier than ever, now that everyone can see your GIFs inline rather than a list of links. Paste a picture from the clipboard and upload it directly to the chat.
Pro Add friends easily to chat
Want to bring someone into a conversation? Just drag and drop your friends from the Friends List to send them an invite.
Pro Can be used in browser
All of these features have been built to work not only in the Steam client, but also on the web. So you can continue conversations when you have access to a web browser but you're not logged in to the Steam client.
Pro Servers
Put up a server instantly, add channels and invite!
Pro Group friends by game & party
Your in-game friends are now grouped by the game they're playing, making it easier to join them, or to see which games are popular among friends. And see who's playing together. You can watch friends enter into a match and then emerge when their game is over. Be ready to dive in with them or to play when they're done.
Pro Bridges to other networks
You're not confined within Element's or even Matrix garden, and you don't have to make users of other networks switch to Matrix.
Pro Markdown support
Code snippets in chats can be highlighted with Markdown.
Pro Simple interface
Element has a very simple interface, adding the ability for more inexperienced users to use it.
Pro VOIP and Videoconferencing
Pro Supports encryption
Element allows for fully encrypted text, voice, and video chatting.
Pro Widgets support
Want to watch that flick at YouTube and discuss it at the same time? Have Grafana graphs stacked above your DevOps team chat? Collaboratively edit Google Docs and chat over without switching applications? This is possible with Element.
Pro Decentralized
An open network for secure, decentralized communication.
Pro Self-hosting and federated network
Pro Libre/open source
Pro Search
Search messages in your current room, or all the rooms you're in. Not subject to a message history limit like Slack.
Pro Cross platform
Web browser
Linux
OS X
Windows
Android
iOS
Pro Large existing community
With public rooms for many people, and you can create your own and let people from the community join.
Pro Etherpad real-time document collaboration
An easy to activate integration that allows multiple authors to edit a document simultaneously.
Pro File Sharing
Pro Supports text, voice, video
Cons
Con Unstable
Better interface than the former Steam chat, but UI does not mean anything if voice chat does not work. If you won't use if for voice chat, especially for gaming, then it is good (like streaming etc.) but its voice chat is a bug nest.