I don’t think it will ever happen, but the way PeerTube as a whole would be able to rival YouTube is when looking at all instances as a whole, or a large number of federated instances sharing content. That distributes the content storage and bandwidth to help ease things up and expand the amount of content available/searchable on each instance. Kind of like how lemm.ee was made to help ease the load from other bigger instances of Lemmy such as lemmy.world. The closest a Fediverse platform has gotten to actually posing some real competition to a mainstream platform was Mastodon compared to Twitter/X, but even then it wasn’t just one instance but Mastodon as a whole.
That said, doesn’t Bluesky run on something like a federated model?
In theory, yes. Blue Sky does run on a federated model. In practice, no. If the Blue Sky Corporation died, it would be gone. If I remember correctly, all direct messages go through them no matter where you have your home data and such.
Bluesky has its own federated protocol. But you should consider the differences and improvements of the AT Protocol with ActivityPub.
Doesn’t seem like many improvements to be had when it takes several terabytes to run one of the aggregators and increasing all the time.
