Reddit needs to die for Lemmy to succeed

It’s very interesting, yes. I would really be curious if it would be possible to build a decentralised lemmy-alternative that completely hides decentralisation. Based on a decentralised database like a distributed hash table maybe. These have the disadvantage that they can be quite slow, but maybe that can be mitigated? Also, it would require some crypto, because now anyone can modify the database without having to have a domain name first, introducing spam.