Not really. Most centralized services are accessible via multiple domains, e.g. for different countries. This would just disable one of them, but users could still use another to log into their accounts. For the Fediverse it “disables” an entire instance, cuts it off from federation and locks out users.
Lets not put a positive spin on a situation that exposes a weakness of the current system. The federation protocol needs to be able to handle these things gracefully, like propagating domain changes and migrating accounts between instances!