Video compression is about reducing and removing redundant video data so that a digital video file can be effectively sent and stored. The process involves applying an algorithm to the source video to create a compressed file that is ready for transmission or storage. To play the compressed file, an inverse algorithm is applied to produce a video that shows virtually the same content as the original source video. The time it takes to compress, send, decompress and display a file is called latency. The more advanced the compression algorithm, the higher the latency, given the same processing power. A pair of algorithms that works together is called a video codec (encoder/decoder). Video codecs that implement different standards are normally not compatible with each other; that is, video content that is compressed using one standard cannot be decompressed with a different standard. For instance, an MPEG-4 Part 2 decoder will not work with an H.264 encoder. This is simply because one alg