Unfortunately it uses cryptocurrency/blockchain nonsense. A better alternative is PeerTube, which is part of the Fediverse; people can share videos, comment, and post across Mastodon, PeerTube, Pixelfed, and others seamlessly.
Plus, you can pick (or host!) an instance that agrees with your moderation preferences, and block instances that don't (e.g. alt-right and troll havens). The distributed/federated approach to moderation and hosting scales well with a limited budget.
Why does it matter (unless you think about contributing to the codebase). I'm a vocal opponent of unnecessary Javascript (TypeScript is fine) but I never care what other people use for their backend.
