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Web Picture Format
MIME type: image/webp
WebP is a modern image format developed by Google that provides superior lossless and lossy compression for web images. It supports transparency and animation, making it a versatile replacement for PNG, JPEG, and GIF.
WebP uses VP8 (lossy) or VP8L (lossless) compression derived from the VP8 video codec. Lossy WebP uses predictive coding similar to VP8 video frames, encoding only the differences between pixel blocks and their predictions. Lossless WebP uses transforms including spatial prediction, color space transform, subtract green transform, and LZ77 backward reference coding.
For web use, yes. WebP produces 25-35% smaller files than JPEG at equivalent visual quality, and it supports transparency. However, JPEG has wider compatibility with older software and print workflows.