Matrix clients for decentralized messaging

brandneworld@feddit.de to Technology@lemmy.ml – 131 points –
itsfoss.com
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Host your own Synapse instance and lock it down to your users.

I'm clearly weak on terminology. When you say Synapse instance, Sypnase is the server software that would then allow me to host an instance of Element/Matrix? And an instance would be running that software somewhere — namely, a device I own or a VPS?