The JPEG format for encoding still images was standardized during the 1980s and 1990s. It uses the Discrete Cosine Transform (DCT), which was developed at the end of the 1970s, and Huffman encoding.
Video-streaming giant Netflix has released an update to a new image file format called AVIF, or AV1 Image File Format, which it believes can be a superior replacement to the 27-year-old JPEG ...
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