This is a really strategic acquihire. Zoom knows they don’t have the chops to deliver high security software but Keybase does.
I also hope they drop the XLM wallet and intro lightning bitcoin for instant international settlements.
Account deleted. Transferred my xlm to another account. Thanks for paying me using/testing keybase.
What do we learn from it? If something seems too good to be true AND it's free. Don't trust it. 250GB free storage for free etc. Yeah sure.... I'm glad I listened to my instincts and never used the storage for real stuff.
So, Keybase if i recall has some funny minor issues- ignoring that-
There's a big weakness here- Zoom is only going to offer this to Paid accounts-
I think the jury's still out on their E2EE design, but - They'll be hard pressed by the usual combination of those services offering this tech for free. And the others racing to develop this-
Signal is racing to develop videoconferencing- to more than 2 people.(and bring it to Desktop as well) -
Facetime and Duo are already on it- and I know both are developing them to hold more bigger numbers of people on videoconferences. (I have to wonder if they'll ever take that fancy tech they actually are putting into Duo and put it into Hangouts/Google Meet- Probably not
and then there's Jami, Matrix, Riot, and a few others
-But Zoom's won't be free- and their only benefit might be scalability. (They aren't going to open source their code like Signal/Jitsi/a few others are ) Aside from that they are behind everyone else in everything else pretty much- so is it easier to have something secure and scale it up, or scale something, and then attempt to afterwards add E2EE and keep it stable- is the question.
There are a few things to it though, not every take over is the same, the terms of a sale can vary a lot. Also if zoom decides to stop developing keybase (which we actually see as very likely) keybase may just decide to opensource their server side code, and move along as a community project (the client code is already open source btw.)
These are some of the things we are currently researching.
I started a petition on Change dot org in this regard. You can find more details on [this post](https://www.reddit.com/r/Keybase/comments/gffez9/petition_to_open_source_keybase_backend/). It might be a waste of time, but why not trying at least?