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Fediverse is 100% Decentralized or not?
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I think "polycentric" is a better term than "decentralized."
Every instance is a center, and is vulnerable to failure and corruption like any service provider. But at least we have a choice of instances, and there isn't a single point of failure for the whole network.
I mean, they're practically interchangeable words. They mean fairly the same thing. Polycentric is decentralized. You can use that word if it works for you, but decentralized is still correct.
Then what would you call a network where specific data isn't tied to specific nodes and lost when the node goes down?
You are describing a decentralized system. But you aren't describing a required function of decentralization.