this post was submitted on 13 Oct 2024
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I don't think it's possible, or at least not in the way you're thinking. Encoding a video with lossless flags usually results in a file size bigger or about the same as the source, and on top of that it takes a long time to actually do the encode.
Video is already highly compressed.
But for sure you can tinker around with ffmpeg (FOSS) & see how it goes for you. I've done it in the past just for kicks since some of the common video codec encoders do have lossless flags but it really wasn't worth the effort.
EDIT: That's just the video in the file, you also have to contend with the audio. That's a bit easier if you just want to use ffmpeg to dump everything into FLAC but again, I don't think you're saving much hard drive space if any.