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JPEG XL: How It Started, How It’s Going
(cloudinary.com)
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this post was submitted on 23 Jul 2023
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JPEG XL provides comparable image quality to ordinary JPEG compression at around 80% of the file size. It also supports lossless encoding at smaller sizes than PNG, and can handle layers, transparency and CMYK, so in principle it could conveniently replace almost every existing raster image format.