Thank you for your work.

As far as I understand it one of the big advantages is that every viewer simultaneously provides its download data for others to stream (peering). With this approach server capacity can be reduced but I wonder how well this works (If I even understood it correctly).

With this system could it be possible to host videos on an own server without having to pay huge sever costs?

Also what is a nice website to search through all videos, similar to the front page of YouTube?