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.
MPEG-2 is a digital video coding format introduced in 1995 and later revised in 2013. It uses lossy video and audio data compressions and is very popular among video hardware, thanks to its low computational complexity. It is also widely used in cable and satellite broadcasting as well as writing DVDs.
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