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Re:Introducing the ‘mozjpeg’ Project by Grue3 on Friday March 07, 2014 @03:09AM (#7359033)
Which format can support both lossy and lossless images?

I spent 2 seconds in GIMP to make the following GIF: http://i.cubeupload.com/kbrcfQ.gif Please show me the video format that can replace it.

Re:Introducing the ‘mozjpeg’ Project by iopq on Friday March 07, 2014 @03:29AM (#7359088)
webp supports animations, lossless and lossy images, etc. I already linked to a video with an alpha channel that can match your gif