Cryptocurrency Q&A Why is it called lossless?

Why is it called lossless?

SapphireRider SapphireRider Mon Nov 04 2024 | 7 answers 2225
I was wondering about the term 'lossless'. I want to know why it is called that way. What is the reason or background behind naming it 'lossless'? Is it because there's no loss of quality or data in the process? Why is it called lossless?

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