Everyone will likely hand over whatever they can... which means the most decentralized options which leave as little to hand over as possible are best.
Centralised or decentralised means little compared to a lack of encryption.
You can't give up that which you don't have access to.
“federated” = servers can talk to each other; eg email, xmpp, sip, activitypub
“decentralised” = data is replicated between servers; eg matrix rooms are replicated equally between the participating servers; usenet
“distributed” = data is replicated between p2p nodes; eg git, p2p matrix, bittorrent.