It will be open source, end to end encrypted using Signal’s double ratchet encryption protocol, and he plans to make it easy for fediverse platforms to integrate it. The beta will release later this month.
He’s also the creator of https://fedidb.org btw
I see, makes sense. So if I get it correctly, the idea is to make it easier for new people to join the fediverse, and not so much to improve the experience for those of us already here (although it seems that is also a goal).