The Video Processor eight codec was initially created by On2 Technologies. Following their purchase of On2, Google released VP8 as an open and royalty-free video format beneath a promise to not implement the related patents. In terms of high quality and compression rate, VP8 is corresponding to AVC. MPEG-2 Part 2 is the video format outlined by the MPEG-2 specification, and can also be occasionally referred to by its ITU designation, H.262. The main disadvantage to AV1 right now is that it is rather new, and help continues to be within the process of being built-in into most browsers. Additionally, encoders and decoders are nonetheless being optimized for performance, and hardware encoders and decoders are nonetheless largely in development rather than manufacturing.