No, it was digital. Quite a lot of early digitals had fail-safe functions. It was actually a feature of the Bonner servos, which came in two varieties - center and end failsafe.
It worked by the receiver having an extra "loss of signal" wire going to the servos. When the servo amp detected this - er, "loss of signal" signal - the servo motor drive would switch from the output transistors to PCB wipers, similar to those found in "reed" servos.
It was pretty effective! The only time my Digimite went into failsafe was when a FlightLink transmitter got between me and my model! (Hence my dislike of FlightLink electronics!

) It recovered as soon as it emerged from the "shadow" of the FlightLink!
However, failsafe was quickly ditched on the grounds of cost and complexity. It wasn't "inherent", as was the case in many analogue systems.
I've never been aware of an early digital system that had a failsafe unless it was using Bonner servos (or maybe the related F&M Magnavacs?). However, I note that that write up of the Johnson system says it uses own design servo amps, so maybe the throttle servo had a pulse omission detector built in?
If you look at my "British Nats" video
https://youtu.be/JaLFu8h_F9Y around 58 seconds in, you'll see a low wing model with black squares down the side of the fuselage. I'm pretty sure that was Ed Johnson's back when he was flying a Digimite radio. I think there's a brief flying shot of it in there somewhere, too, but I couldn't see it at a quick scan.
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Pete