Video Transcoding Settings | for saving or streaming the video?

[wide sonnet]

I have a general question for the "Video Transcoding Settings" in "System Settings".
Are those settings intended for the file format videos are saved in general, or belong those settings to how they are streamed when they're viewed?

[void dove]

When you upload a video to Immich, it will store that original file and separately store a transcoded version. The latter is what you see when you are browsing the gallery etc, and is what these settings apply to.