

It is a self hosted environment and is available as open source video player. Support all file formats and can work on almost all browsers.But, you have to create a YouTube account to access this tool and videos get automatically deleted if they violate any policy of YouTube. YouTube can make your videos playable at any browser.

YouTube has recently switched to HTML5 based default video player tool and now you need not to worry about video encoding process every time. In case if you often run out of space over server then it is advised to move to YouTube hosting environment.
