Ah, I see! Yes, from my cursory look I figured it wasn't decentralised, but it's not even open-source and the trackers... I don't know much about trackers at all, not sure how harmless those might be or if they're for anonymised analytics, for example. Frankly, the simple fact it has ads (and I assume there's no easy way to remove them like with ReVanced for YT) is a deal-breaker. Everything else is just piss on the shit sandwich.
Is Bob not good at math? A shame, indeed.