FYI: On Youtube, the keyboard shortcut for changing the video speed is simply pressing < or >
I do this for any extension I give big permissions. Rather than installing it from the Chrome extension store, I just download its source and 'load unpacked extension' directly. This method is just a roundabout a way to disable Chrome extension updates. (and of course I'm still trusting the extension's code quite a bit, but at least I don't have to worry about it changing)
You only need to examine and trust it once.
I don't get why this addon isn't included in Firefox to begin with. Maybe because it doesn't just work only on standard HTML5 video files, but has support for specific sites and their players, too? But I've seen several updates on Firefox (not about the addon) that are along the lines of "solved perf issues on $site". So it's not like Firefox is trying to be site-agnostic.
Aside: I play most of my podcasts in VLC. A killer feature there would be per-podcast default speeds. Some shows have hosts with unfamiliar accents and I have to play them slower than shows with accents I'm more used to. I change it manually per-play, but that would sure be a nice preference. (Probably a violently too-specific feature for a general media player like VLC.)
Such is its utility, this single extension lifts youtube as a platform higher above tv or or native video players on other sites which don't have any sponsorblock capability.
Now I am called The Snail Speaker. :(
What I found interesting is ... if you have some recorded lectures from a university, some speakers are ultra-fast at 1x speed; and some others are acceptable once at 1.5 or 1.75.
Most I find difficult to understand at 2.0x though, so I mostly settled between the range of 1.25 to 1.5, sometimes 1.75 (depends on the topic too, of course; some topic is harder to understand, but here my thought was that some are able to speak fast and others can not. It's almost a skill to have or not have).
Your extension can and will likely read all your data and likely has broad permissions to just fax all your Gmail to remote cloud server.