Better than nothing, sure. But why do you think the hosting company will not take the relay offline if demanded?
Why do you think they will not deliver the IP addresses of the poster’s npubs, if demanded?
Centralized hosting providers are also one throat to choke.
Yes they will comply with a court order if they lose appeals but they won’t know who their customers are.
There are configurations and Debian packages that keep your servers from logging ip addresses and other PII.
They might not know who their customers are. But they can take the service offline or they can spy on the users if they want to or are compelled. You won’t know because you can’t verify. This is why I’m saying that the service isn’t decentralized.
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