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Bluesky temporarily halts sign-ups because so many people are joining from Twitter
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Irrespective of the popular success which Bluesky / Mastodon may receive, I am simply glad that enough platforms exist for anyone to seek refuge in if the rapacity by these giants becomes the norm.
Is bluesky part of fediverse?
No but it is decentralized
But it claims it will become decentralized (unless something has changed in the last month or so).
I believe they opened things up to developers recently. I do think they will become decentralized, but am more concerned it will become a "no censorship" aka "no moderation" mess pretty quickly. It relies quite heavily on filters and aggregators rather than moderators.