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Transparent compression layer on Linux?
(lemmy.world)
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Thank you, this is exactly my use-case, along with some live streaming.
However,
If you want a live conversion and can't afford the >100$ it would cost to grab an ssd for a scratchdisk, you might also look into using vlc to grab the video stream from source camera, and encode it out to somewhere else, such as a webserver.
https://wiki.videolan.org/Documentation:Streaming_HowTo/Receive_and_Save_a_Stream/
You might also need a script to make sure it's always up.
Alternatively, there's a good chance that zoneminder will be able to do what you want with just a little tinkering. https://zoneminder.com/