FLIF: The Newest Free Software Image Format For Smaller Web Images

The developers working on FLIF claim to be smaller than PNG files (including brute-force crushed), JPEG2000 compressed images, and even smaller than WebP and BPG lossless files. FLIF is designed work with any kind of image while offering the best compression possible. and supports progressive decoding.
Those wishing to learn more about the newly-announced FLIF image format can visit FLIF.info.
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