No, currently it is still pretty centralized. All or most servers are still controlled/run by Tony. The whitepaper explains how it should be some time in the future when very honest people are chosen to be witnesses which have an interest to run the network correctly and to stabilize it.
(At least this was the situation two months ago when I took a closer look into the whitepaper; could have been changed since then but as far as I know it did not)
Decentralized? He looks pretty "in-one-piece-ish" to me...
12 public witnesses, explained in whitepaper