The first video was the content I desired, the second video was solid white but for the same length of time as the first video. I was honestly a little flummoxed about the white stream for about 15 seconds before it hit me "this must be an alpha channel".
I don't suspect I have ever seen it in action, so I am extremely curious how well alpha channels can possibly turn out with lossy video formats where the result of any given frame is a matter of interpretation? In lossless formats like GIF the borders of objects at any given frame are perfectly defined, but lossy formats, especially ones using discrete cosine transform, where the object ends and background begins is not clear cut.