Yep. This most basic aspect of Lemmy/KBin/MBin is its biggest advantage over Reddit. The fact that no one person, or company/organisation can ever own or control the entirety of the threadiverse is, to me, a huge factor in why I prefer it.

All centralised web based software like reddit is susceptible to exactly the kind of slow death Space Karen is inflicting on Twitter. Federation and decentralisation means that can never happen in the threadiverse.