The biggest misconception the NLE industry has fed us is that you can edit camera originals natively.

With only a few notable exceptions, homogenizing footage to an *edit codec* is the best bet.

All major NLEs have offline/online tools explicitly designed for this.
For those of you asking about "notable exceptions":

ProRes
DNxHD (or HR)
Blackmagic RAW (BRAW)
Cineform

There are "intraframe" codecs (frame-independent; each frame is a complete image.)

You want to avoid "Long GOP" codecs. h.264/265? Yeah, try and avoid 'em.
I do have a soft for XDCAM.

MPEG-2 has been pretty easy to edit with for many years. In fact, I *think* the default setting for timeline previews in Premiere Pro is MPEG-2.
And I'll take this opportunity to re-profess my eternal love for Cineform as well as my eternal frustration with how it fizzled out with (and after) GoPro.
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