Somehow, I feel like the federated network is still centralized, because there is still censorship; it's just distributed across more servers.
I mean, it definitely gives users more rights to free speech, and I'm not worried about privacy issues. However, the removal of content and the banning of accounts are things that are diminishing my passion for sharing my thoughts publicly(on reddit).
I just dont want this happened on here but I am seeing some...
I don't think you quite understand what 'decentralized' means. Decentralization means there's no central server, implying no data collection, no restrictions or moderation, and no banning.
Furthermore, it won't corrupt when a single node breaks down. This is because a decentralized network is essentially built by all users within the network. Whenever one user quits or a node breaks down, there are always other nodes/users available to maintain the network. That's the essence of a decentralized network.
That is absolutely incorrect. All of those things can and do exist but it is dependent on each instance. There isn’t a single entity controlling those things, each fediverse instance decides for themselves. One instance could collect everything you do, restrict what you post, moderate what users post and comment, and ban users as they please.
Decentralisation doesn’t mean “no rules”