Yes, but it will be distributed very thinly and mostly be consuming currently idle resources. Also, each relay is it's own separate, slightly-overlapping dataset. No relay needs to contain lots of events. There's actually no point to that, once you have outboxes, communities, performant search, and deep-discovery.
Centralized relays is old tech, basically.
Nostr will stop the glaciers from melting.
nostr:nevent1qqs2vtavk2umewa3xse8h5t00y6cl7ra87kzz2zh7jemzuh2z327tlcpz3mhxw309akx7cmpd35x7um58g6rsd3e9upzplfq3m5v3u5r0q9f255fdeyz8nyac6lagssx8zy4wugxjs8ajf7pqvzqqqqqqyluthrt
working on last 2 t-y! L2L