Top 1 lossy open source projects

Crunch
Crunch is a tool for lossy PNG image file optimization. It combines selective bit depth, color type, and color palette reduction with zopfli DEFLATE compression algorithm encoding using the pngquant and zopflipng PNG optimization tools. This approach leads to a significant file size gain relative to lossless approaches at the expense of a relatively modest decrease in image quality (see example images below).
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