I suppose if we could standardize on some kind of federation protocol and have locally-stored (and synced between devices) identities we could use for accounts everywhere, that would solve a lot of problems, but I don't see it happening.
And in the context of twitter-style platforms, federation to me has always seemed like a "which wind would you like to piss into?" situation where you have no idea what servers/people can even see what you're posting, especially when many (even large) servers not only share centralized error-prone block/ban lists but also keep defederating from each other.
What you're describing exists: Its called AT-Protocol and runs Bluesky. See more: https://overreacted.io/open-social/