WebP is an image format employing both lossy and lossless compression. It is currently developed by Google, based on technology acquired with the purchase of On2 Technologies.
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Lightframe 3 5. WebP's lossy compression algorithm is based on the intra-frame coding of the VP8 video format and the Resource Interchange File Format (RIFF) as a container format. As such, it is a block-based transformation scheme with eight bits of color depth and a luminance-chrominance model with chroma subsampling by a ratio of 1:2 (YCbCr 4:2:0). Without further content, the mandatory RIFF container has an overhead of only twenty bytes, though it can also hold additional metadata. The side length of WebP images is limited to 16383 pixels.
WebP's lossless compression uses advanced techniques such as dedicated entropy codes for different color channels, exploiting 2D locality of backward reference distances and a color cache of recently used colors. This complements basic techniques such as dictionary coding, Huffman coding and color indexing transform.