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Dirac (see http://diracvideo.org/) probably has much more potential to become the next generation open video codec. From what I understand it is more cutting edge and than Theora due to e.g. the use of wavelets.
Dirac (see http://diracvideo.org/) probably has much more potential to become the next generation open video codec. From what I understand it is more cutting edge and than Theora due to e.g. the use of wavelets.