It’s based on Signal protocol and it’s also open source. However, unlike Signal it doesn’t harvest phone numbers.
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Does Wire still store metadata on who you message? That seems potentially more damaging than Signal’s phone number requirement, at least since the switch to being able to hide your number from everyone.
I find this site useful to compare messengers. I would trust Wire a tad more because it’s hosted in a country with stronger GDPR regulation, vs Signal being hosted in the US.
For my needs, XMPP with Omemo has been unbeatable for a long time
yeah that’s a good overview of different protocols/messengers
