High Quality Content by WIKIPEDIA articles! On2 TrueMotion VP3 is a is a (royalty-)free lossy video compression format and video codec. It is an incarnation of the TrueMotion video codec, a series of video codecs developed by On2 Technologies. It is approximately comparable in quality and bit rate to MPEG-1 video codecs.There is no formal specification for the VP3 bitstream format beyond the VP3 source code published by On2 Technologies. In 2003, Mike Melanson created an incomplete description of the VP3 bitstream format and decoding process at a higher level than source code, with some help from On2 and Xiph.Org Foundation.

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