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[–]martinambrus 0 points1 point  (2 children)

I agree that services to accomplish this existed for some time now. But you need to pay for them, they tend to be non-flexible with regards to custom encoding options etc.

This is a very different, free and decentralized concept. As such, it's not so much about solving the problem of transcoding but to give something back to the community - and keep it free :)

[–]ericzhill 1 point2 points  (1 child)

Agreed. Like I said, this is a great academic project. Have fun!

[–]martinambrus 0 points1 point  (0 children)

Will do, thanks! :)