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Top 200 Defederated instances from the Fediverse (May 2024)
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They are both essentially the same thing except u decided to call one group of unnamed people Admins and suddenly they have responsibility and authority.
The difference, and the best part of the fediverse imho, is that if you're not happy with someone elses rules you can become your own admin and set your own rules. The more we centralize power the further we go against that idea.