[stcredzero]

Basically, a somewhat decentralized YouTube implemented on top of BitTorrent.

[codetrotter]

In a similar fashion, there is also PeerTube. A decentralized video hosting network, based on free/libre software.

https://joinpeertube.org/en/

I have no involvement with them, but I like the PeerTube project. Might contribute to it in the future.