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Yea that must be why the original electron authors abandoned it and are now working on an editor in Rust.

They left soon after MS Acquisition .

Is Github working on a new editor?

The team who create Atom, Electron and tree sitter are working on zed: https://github.com/zed-industries/zed

Zed is fast at starting up, But incredibly slow at When it involves moving UI - atleast on Linux. You better test first before saying that.

Lets think of it , how many time you restart your app when you start using the app?

Atom (and electron) were personal projects of a GitHub engine GitHub decided to back at some point.