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Comment by SmasherEpilepti

Nobody has brought it up yet, but JPEG XL seems to be close in potential and flexibility to OpenEXR. It seems more a competitor to something like that--for use in image processing and digital art pipelines--than something like JPEG, WEBP, or PNG.

That said, I have converted my personal JPEGs to JPEG XL, because you can losslessly convert back and forth between the two for smaller filesize in JPEG XL with no quality loss, so I get free storage savings and can get the byte-for-byte original JPEG back if I need it.

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