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Gif is also a non-lossy format (albeit with a limited palette). Pretty much all video codecs are lossy. What will really replace GIF is animated PNG.

• shmerl 13y ago
  This is irrelevant. You don't want a lossless format for web video - the size is too excessive.
  • Grue3 13y ago
    You want a video format for web video. You want a lossless format for web animation, which is what GIFs should be used for in the first place, not for lossily converted videos.