So...this whole evidence point out by the author amounts to personal experience, and not even a kind of personal experience that is good for evidence. Smaller instances closing down isn't the same as large instances closing down when it comes to adoption. Heck, there's a recent report that shows the opposite of what is said here, with proper data to back it up.
When the Twitter migration happened, a lot of folks got overenthusiastic about the idea of the fediverse and started setting up their own Mastodon instances, despite having little to no experience with selfhosting before.
A lot of such instances have since shut down as they realised the amount of efforts that actually needs into hosting such a platform, especially instances with open registrations. However, a large number of them did survive and are now thriving.
Has the growth rate slowed? Sure, just like it is expected happen after a sudden influx. But it is false to say that Mastodon growth has stalled. Instead, the phrase I would use is 'stabilized'. Mastodon growth has stabilized into a healthy level as user growth is now happening more organically. Some stats below:
opensource
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Esta revista es de un servidor federado y podría estar incompleta. Explorar más contenido en la instancia original.