Always cool to see new visual compression libraries hit the scene. That said I think the hardest part isn't the math of it, but the adoption of it.<p>Likely the format with the best chance of overthrowing the jpg/gif/png incumbents is AVIF. Since it's based on AV1, you'd get hardware acceleration for decoding/encoding once it starts becoming a standard, and browser support will be trivial to add once AV1 has wide support.<p>Compression wise AVIF is performing at about the same level as FLIF (15-25% better than webp, depending on the image), and is also royalty free. The leg it has upon FLIF is the Alliance for Open Media[1] is behind it, which is a consortium of companies including: "Amazon, Apple, ARM, Cisco, Facebook, Google, IBM, Intel Corporation, Microsoft, Mozilla, Netflix, Nvidia, Samsung Electronics and Tencent."<p>I'm really excited for it and I hope it actually gets traction. It'd be lovely to have photos / screenshots / gifs all able to share a common format.<p>[1] <a href="https://en.wikipedia.org/wiki/Alliance_for_Open_Media" rel="nofollow">https://en.wikipedia.org/wiki/Alliance_for_Open_Media</a>