A little more clarity.

Our first numbered release brings a public record of changes and makes it easier to tell which build you’re using.

In this release

Added
A public changelog and a version label in the app header. Tap the version to see what’s new.
Improved
With captions enabled, video preparation includes on-device English transcription. Saved captions are reused; adding or trimming a clip processes only the affected clips.
Fixed
Preparation starts after each saved clip. An animated indicator stays visible while the video and captions are being prepared.