Basically now you can use other servers to do the transcoding, even your own local machine. This is insane! So amazing! I will have a deeper look into it.
Towards the end of this year, the version 6 will bring password protect option for videos, the ability to see thumbnails when hovering the playback bar, chapters, or the ability to replace a video with a new version!
This is how a video platform should be run. Kudos to this motherfuckers! They are the heroes of our society, together with the ones who volunteer themselves to make this world (offline or online) a bit better! We should force this society to provide humans with at least their basic needs as trade-free so that we can grow more of these projects. You need a fertile soil in order to grow stuff from it.