I think the missing piece here is why we’d want P2P live streaming in the first place.

If the goal is to cut costs — like vendors trying to avoid AWS/CDN bills — that’s a very different problem than building for censorship resistance or resilience.

Without a clear “why,” the tradeoffs (latency, peer churn, unpredictable bandwidth) are hard to justify. Centralized infra is boring but reliable — and maybe that's good enough for 99% of use cases.

The interesting question is: what’s the niche where the pain is big enough to make P2P worth it?