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You can directly with gstreamer, but it's a bit of a hassle to set up. You could try this python convenience library: https://git.aweirdimagination.net/perelman/minimal-webrtc-gs...

Thanks. It's kind of disappointing there isn't a simple pip-installable library that can do this without gstreamer dependency.

Hmm maybe vidgear can do it? I'm unsure about the latency you'll get out of it though: