Channels, threads & search
Mattermost
Channel-based collaboration, threaded discussions, link and file previews, guest accounts and search up to three million posts are documented, and the thread structure is exposed through the API with permissions and pagination detail. Compliance exports flag edits and deletions per message, which tells me the history beneath the surface stays intact. We found no public information on pinned and saved items, on end-user search filters by channel, person or date, or on channel lifecycle such as archive and rename without losing history.
Rocket.Chat
The only messaging evidence is 'Unify messaging, voice, video, and screen sharing' with mobile and desktop apps; the evidence is silent on channels, threads, search, and history limits. When I need to find a decision made eighteen months ago, silence on search is a finding in itself.