It’s certainly simpler and more stable than Matrix though.
Yeah, that was my main thought.
I say "V3", because the new upcoming features, seem to be going in a good direction, to make it usable in the current era.
Chat history, I think I still won't expect from that.
The IRC ecosystem seems to be going on well and will hopefully stay a useful way of communication in the future.
I really like that every event has an id in Matrix though (I don't really know the IRC protocol, maybe that has it too ¯_(ツ)_/¯)
For the Matrix.org thing, I feel like funding just went into the wrong location.
Perhaps Conduit or Construct might have gone better?
The wheel is Open Domain and does not belong to anyone.