They are irrelevant.
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I don't really care. It was I think the first instance I learned about (must've been the most popular at the time) and I applied for an account there, but by the time it got approved I had already started posting on lemmy.world, so here I am.
they wanted to create a website according to certain rules rather than a free for all.
Let's stick to facts, OK? They claimed defederating from lemmy.world and such was a temporary measure because of the lack of moderation tools and because LW allows anyone to sign up, opening the flood gates for bots, and those sites would of course be unbanned when changes were made. Changes were made. LW and others are still banned. BH were lying from the beginning. Good riddance.