Huffman Coding: Huffman coding is a lossless compression method that assigns shorter codes to frequently occurring characters and longer codes to less frequent ones.
Lempel-Ziv-Welch (LZW) Algorithm: The LZW algorithm is a dictionary-based compression method that replaces repeating patterns with shorter codes, allowing for efficient storage and transmission of data.
Lossless Compression: Lossless compression is a type of compression where the original data can be perfectly reconstructed from the compressed version without any loss of information.