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Side note, what’s the etymology of ”Vanced”? Is it meant to hint at “advanced”?

They are so anti-ad that they even removed the ad from their own app's name.

How does it manage that? Crowdsourcing?

Yes, people click a button to indicate start and end of sponsored segments in a video. Those time markers are sent to a DB, and every subsequent viewer will use that to skip the ad portion.

that is one horrific way to guarantee the content creators you enjoy don't get money.

If content creators don't provide ways for paying them besides ads then that's on them.

no, it's not on them, it's on you for choosing to take money out of their pocket. They have chosen the monetization revenues that they are comfortable with, circumventing the way people make money while watching their content is highly unethical. You don't show up to a local course or theatre production and use a fake credit card because you dislike the fact that they use visa.