MKV is the format of choice for high-quality video archives — Blu-ray rips, multi-language releases, anime fansubs. The format places no upper bound on tracks, supports embedded fonts and chapters, and survives codec churn well (you can mux a brand-new codec into MKV without changing anything else).
For YouTube downloads, MKV gives you flexibility (multi-language audio in one file, embedded subtitles) at the cost of compatibility (some smart TVs, mobile players, and editing tools choke on MKV). MP4 is safer for "I just want to play this anywhere"; MKV wins for "I want all tracks, all languages, archive-quality."
Common questions
Can I convert MKV to MP4 without quality loss?
Related terms
WebM
WebM is an open container format developed by Google for the web.
Container (file format)
A container is the file format that wraps one or more audio and video streams into a single file.
Codec
A codec is the algorithm that encodes (compresses) and decodes raw audio or video into a smaller stream.
Mux (muxing)
Muxing is the process of combining separate audio and video streams into a single container file (MP4, MKV, WebM).
VidPickr is a free, browser-based YouTube downloader. Every term in this glossary either describes how YouTube delivers video or why your downloads behave the way they do. Try the downloader →