Decentralization sounds nice in theory but seems to be detrimental to this type of social media, though. I briefly tried mastodon, and it wasn't easily possible to explore content spread across various hosts, which made it uninteresring.
Yes, this is a structural vs. social thing. My gut is that though, it would be entirely possible to build "nice and easy to find" ON TOP OF, as opposed to fully integrated with, a decentralized service.