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A modern, patent-encumbered standard brought to you by The MPEG Group™

https://en.wikipedia.org/wiki/High_Efficiency_Image_File_For...



They chose it over patent-free AV1-based AVIF :(

https://aomediacodec.github.io/av1-avif/

P.S. AVIF-related discussion: https://news.ycombinator.com/item?id=16803250




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