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Matrix's resource utilisation is improving very rapidly at the moment.
Dendrite is still in beta, and hasn't been tuned that much yet, but every release has had a substantial improvement. In other words, if you're not using today's release (0.3.5) you're on stale data. For context, dendrite.matrix.org (running 0.3.5) has ~5K users on it, and is in ~3K rooms spanning 162K users... and its RAM usage is stable at 488MB (occasionally spiking to 2GB during traffic spikes). This doesn't seem unreasonable at all for a chat server of that size. Meanwhile, Synapse has been steadily improving too.
On the client side, Hydrogen (https://hydrogen.element.io, https://github.com/vector-im/hydrogen-web) is our next-gen client implementation, which gives you full E2EE, complete with backup (I have no idea what Durov is banging on about in the OP) - and uses 14MB of RAM for an account in 3,000 rooms spanning 350K users (i.e. my personal one). This is an 100x improvement on Element Web which uses 1.4GB for the same account, although there's also a lot of optimisation that can be done there too.
If I was going to criticise Matrix, I'd focus more on the fact that there are still a lot of papercuts on Element's UX which are holding us back. We're painfully aware of this though and are trying to fix as rapidly as we can.
Watching that video now.
I can say, without a doubt and with great seriousness, that if you have any control over their documentation process, in the "getting started" and "setting up synapse for yourself" pages, that video should ABSOLUTELY be a part of that. It is orders of magnitude easier to follow.
> mind to expand that?
Imagine you don't know how to use nginx.
Okay, now try to read ANYTHING in any of the numerous github .md files.
Then, just start with this page:
https://github.com/matrix-org/synapse
What's Synapse? You know, I know now; but, where on that page does it say what Synapse is?
On basically every tutorial page, I think there's value in asking "okay, what do I need to know to understand this page?" If the knowledge is important and takes more than a click or maybe two to get that answer, it's too far away for most people, I think.
Again, the YouTube video walking through the steps with the guy talking is AMAZING. I've learned more listening to this than any number of web pages attempting to describe it.