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MikeB said:

@ WilliamWatts

Direct X 11 allows for higher compression of textures without noticeable loss in quality


Didn't you earlier say it's lossless? So this comment seems to suggest you indeed didn't talk about lossless compression.


In this context lossless means not particularly noticeable for the human eye. Uncompressed textures are like uncompressed video, they cannot be read fast enough off a blu ray disc.