Based on some of the discussions I've seen online, it seems like there are other users who are also concerned with the privacy implications of home security cameras. Therefore, I decided to open source my solution for everyone to use. If you need a privacy-preserving home security camera, please give it a try and provide feedback. Note that trying out the system requires you to have a supported IP camera, a local machine connected to the IP camera, a server, and an Android smartphone. I have put together detailed instructions on setting up the system, which I hope makes it easier for others to get the system up and running.
In addition, consider contributing to the project. The prototype currently has a lot of limitations: mainly that it has only been tested with one IP camera, only allows the use of one camera, and only supports Android. I'll continue to improve the prototype as time permits, but progress will be much faster if there are other contributors as well.
Hopefully as more people use them, there should be more chance of video footage being available from other vehicles if you're involved in a RTC and don't have one yourself. There's also the protective effect of people uploading bad driving to the police where the police are interested in road crime - hopefully providing the police with a very cheap way of having visibility in lots of places.