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YouTube is going to remove ad controls for creators
(support.google.com)
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PeerTube offloads distributing and serving across the viewers, so the more popular a video becomes, the more "CDN" its viewers provide.
It only has the "downside" of less control and the inability of the platform to insert ads, so all promotions are directly controlled by the content creators themselves, who "in exchange" only need a minimal server to host their videos.