… ~50% savings compared to JPEG, and ~20% savings compared to WebP.
… can be lossy or lossless, has the ability to use an alpha channel (transparency for UI and design elements), and even has the ability to store a series of animated frames (think lightweight high-quality animated GIFs).
… one of the first image formats to support HDR color support; offering higher brightness, color bit depth, and color gamuts.
I'm pretty happy to have cut the size of images on my blog by ~50%. In addition to the benefits to user experience at a critical time, I'm also expecting that this'll save me some money in terms of bandwidth.