NSV (Nullsoft Streaming Video) is an audiovisual container format for streaming video data online. It was created in 2003 by Justin Frankel, while he was still working for Nullsoft. NSV only supports VP3 video codes and MP3 audio, although it was initially designed to stream all audio and video codecs. It is, in fact, the first format to allow users to make and stream live/recorded videos over the internet.
DV (Digital Video) is a file created using a digital format and saved as raw data. A DV file contains 80-byte DIFs (Digital Interface Blocks), with each block having video, audio, and metadata. DVD files use lossy compression for videos, while sounds stay uncompressed. And although it was originally meant for tape recording, DV can also save data on hard disc drives and optical discs.
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