There are only a handful of people that really contribute to ffmpeg, yet its codebase runs pretty much the entire video based internet. It’s a marvel of the modern world.
https://github.com/FFmpeg/FFmpeg/commit/5554de13b29b9bb812ee...
Occasionally my dad will need some help with video or audio, and he'll see me hack together an ffmpeg command (even on Android with termux in a pinch!) and be utterly astounded. Being able to quickly slice up the video without re-encoding, or being able to stitch video together without a re-encode, or being able to arbitrarily glue a bunch of videos together all of different formats and it will work flawlessly.
It's a piece of software I would gladly pay hundreds of dollars for, and yet it manages to be free. I think I'll visit their donate page right now.
[1] it's not hard to find my employment history but I ask you not to say it publicly here
Probably not as fast but it would scrub well.
And you're going to use a very high bitrate.
This is way more space than consumer codecs use. But still way less than uncompressed video.