A method for operating a video system to generate and store encoded video comprising a plurality of key frames and a plurality of delta frames is provided. The method includes capturing video data comprising a plurality of frames of a scene, and selecting a fundamental view of at least a portion of the scene contained in the plurality of frames. The method also includes generating the plurality of key frames from a first subset of the plurality of frames and the fundamental view of at least the portion of the scene, generating the plurality of delta frames from a second subset of the plurality of frames and the plurality of key frames, and transferring the encoded video for delivery to storage.