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Popular compression and lossy format with small file size and far from the highest sound quality. The emergence of the MP3 format was made possible by the joint efforts of a development team of almost 40 people who have been working on the project for several years. Compared to lossy files, MP3 songs take up much less disk space thanks to a special algorithm. Other advantages of MP3 include excellent compatibility with various programs and audio devices. Despite the fact that, due to the age of MP3, today it does not shine with compression efficiency, its popularity remains very high due to its versatility - the extension is supported on any operating system, a lot of both standard and specialized multimedia software plays this file format. MP3 files can be created with high or low bit rate, which affects the quality of the resulting file. The principle of compression is to reduce the accuracy of some parts of the sound stream, which is almost indistinguishable to most people's ears.
The WAV format is designed to work with a digitized audio stream, contains musical compositions, voice recordings and various audio effects. It is the best audio format for processing and storing uncompressed audio data that is similar in quality to CDs. One minute of sound in it weighs about 10 MB. WAV occupies a significant amount of memory space, much more than other popular formats, so very few people use this format to store their own audio library on a computer. The Wave format is needed for the release of a disc, LP, download for sale on sites, and must be with the parameters of 16 bit 44.1 KHz. It is also used in audio editing programs to save time on compressing and decompressing data. The WAV format is only a container file, and the audio content is compressed using a wide variety of codecs.