Netflix's edge nodes are optimized for streaming already encoded videos to end users. They have to transcode some number of formats from the source and send them all to the edge nodes to flow out. It's harder to manage a ton of different streams flowing out to the edge nodes cleanly.
I would guess YouTube, being built on google's infrastructure , has powerful enough edge nodes that they stream one video stream to each edge location and the edges transcode for the clients. Only one stream from source to edge to worry about and is much simpler to support and reason about.
But that's just my wild assed guess.
Ha, no, our edge nodes don't have anywhere near enough spare CPU to do transcoding on the fly.
We have our own issues with livestreaming, but our system's developed differently over the past 15 years compared to Netflix's. While they've historically focused on intelligent pre-placement of data (which of course doesn't work for livestreaming), such an approach was never feasible for YT with the sheer size of our catalog (thanks to user-generated content).
Netflix is still new to the space, and there isn't a good substitute for real-world experience for understanding how your systems behave under wildly different traffic patterns. Give them some time.
