Encrypted Media Extensions
Netflix supports HTML5 video using EME with a supported web browser: Chrome, Firefox, Microsoft Edge, Internet Explorer (on Windows 8.1 or newer), or Safari (on OS X Yosemite or newer). YouTube supports the HTML5 MSE. Available players supporting MPEG-DASH using the HTML5 MSE and EME are NexPlayer, THEOplayer by OpenTelly, the bitdash MPEG-DASH player, dash.js by DASH-IF or rx-player.
Comparison of HTML5 and Flash
Until 2008, the use of Flash was covered by restrictive licenses. The conditions prohibited use of the specification to develop any software (including players) which could render or read (and thus convert) SWF files, and required the output SWF files to be compatible with Adobe's players.