JPEG has been the web's chosen image format since its inception, but a new compression algorithm promises better quality without more bytes
Nobody's going to argue that JPEG is the perfect image format. It can be severely lacking in quality, especially with higher levels of compression used. However, the small sizes it creates and the ubiquity of the format makes it the de facto for viewing photos, both online and off. A new group has promised an overhaul of the JPEG, offering similar quality levels, but with massively reduced file sizes. Dubbed JPEGmini the sample images they're providing offer a five-fold decrease in size.