RedCine-X
RedCine-X is a closed source RAW converter provided by Red to decode the Redcode data stream. It can be used directly as a standalone RAW converter that transcodes .R3D files into other formats or it can be accessed via its SDK through other video editing applications to directly load .R3D files like a regular videostream.
With the introduction of the Red Epic, there is the possibility to enable the HDRx feature that records two video streams in parallel. One normally exposed track (A-track) and one underexposed (X-track) track. The underexposed track can be blended together later via RedCineX to recover blown out highlights in the main video track. To recreate the motion blur there are two blending options available that were implemented by The Foundry into RedCine-X.
Magic motion attempts to create a motion blur closer to the human perception of movement, meaning the resulting video stream will show motion blur as well as sharp edges for fast moving objects. More Natural Motion Blur emulates the motion blur one would get from a standard 180° shutter image like when shot with a film camera or a single exposure video stream.
R3D files that were created before Red started to encrypt the files in the camera can be decoded with FFmpeg. Video streams that were created after that can only be decoded with proprietary software from Red.
Read more about this topic: Red Digital Cinema Camera Company