PeerTube is a free software, not a secret formula that belongs to Google (in the case of Youtube) or to Vivendi/Bolloré (Dailymotion). This free/libre license guarantees our fundamental freedoms as users.
PeerTube is part of several actions assembled by Framasoft in the <a target="_blank" rel="noopener noreferrer" href="https://contributopia.org">Contributopia roadmap</a>.
PeerTube support for offloading transcoding to other machines is <a target="_blank" rel="noopener noreferrer" href="https://github.com/Chocobozzz/PeerTube/issues/947">being discussed</a>, but not yet implemented.