Comparison With PNG
Although JPEG 2000 format supports lossless encoding, it is not intended to completely supersede today's dominant lossless image file formats.
The PNG (Portable Network Graphics) format is still more space-efficient in the case of images with many pixels of the same color, such as diagrams, and supports special compression features that JPEG 2000 does not.
Read more about this topic: JPEG 2000
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