That was not my read. When discussing HDR it’s clear that ONLY the extra bits are stored in a new data structure and are applied to the base image at display time.
So that gets you a bit-for-bit compatible image on old systems and HDR on new systems without duplicating data.
I believe that pattern applies throughout: a baseline, standard PNG image plus extra instructions and data for adding information to it.
But functionally, this means that two renderers would have different outputs for the same file. It's not so bad when it's just HDR, but if this continues to grow, it WILL get bad. We've seen it many, many times before with hacked-on file extensions.
If it were Microsoft doing this (it's not), it would be just yet another embrace-extend-extinguish effort. But it's not. I have no doubt this author has good intentions, and this is a cool hack, but I think it will lead to confusion and poor outcomes in widespread usage.
It's really not great when an image format looks "somewhat" the same between renderers. In fact, I think that's worse than it not working at all. From experience, it leads to these situations where the same image can fragment over time just by virtue of being worked on by different people in different environments (apps, OSes, browsers, devices), and there's not really a clear way to tell which is which without extensively analyzing the metadata.
If Joe starts work on a HDR version, sends it to Sarah, Sarah adds a bunch of new edits but then saves it in an app that recompresses the image and overwrites the HDR, Joe might never know. And then if the format continues to expand, maybe a bit later Jane and Janet each add mutually incompatible extensions to the file without knowing it. The "base" image might look the same to all of these people, but each had specific edits in mind that the others might not have known about, because their renderers LOOKED like it was rendering the same image when it wasn't.
This isn't a hypothetical... it happened a lot when PNG first came out, and with PSD (Photoshop files) for a good decade or two until the subscription model came out.
There's just no advantage in overloading an old graphics format for something like this in a world where WebP and AVIF already exist.
As for editing tools, at least they're targeting the same baseline format (maybe with bugs). This is purposefully introducing new features that can only be used in some places, outside of the agreed standard.
For a (made up) example let's say Firefox supports hdr, but Chrome doesn't, if I want to include an HDR image into a website, but display a SDR image if the browser can't display it, I need to implement a test for the browser to serve decide if I serve a WebP or PNG. That is a real cost.
cHRM - Primary chromaticities and white point
gAMA - Image gamma
iCCP - Embedded ICC profile
There's a reason why JPEG and PNG are so popular: because they ARE stable and unchanging, in a world of failed adoption for APNG, WebP, HVEC, JPEG 2000, JPEG XL, AVIF, etc.
For image formats, broad compatibility is way way way more important than small gains in codec performance and filesize.
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Edit: From memory, this is something we learned the hard way back in the 90s and early 2000s, when image (and other) formats saw very rapid development and bandwidth was still hard to get. PNG was a huge improvement over GIF, and that mattered a lot over 56k modems. But the road to its adoption was very difficult, with many features only partially supported for years in different apps.
When WebP launched, it was objectively better in most ways compared to both PNG and JPEG, but it still saw limited uptake. Part of that was the titans fighting amongst themselves (other tech companies didn't want to adopt a Google format), but also by that point both JPEG and PNG were good enough and connections & CPUs were good enough. The incremental improvement it offered rarely justified it sometimes not working for some users on some browsers.
It's a similar situation for many other formats: H.264 in a MP4 is good enough, MP3s are still good enough, etc. On the other hand, PDFs and DOC/DOCX have different features depending on what reader you use (such as PDF forms, JS validation, accessibility, or DOCX not rendering the same on different readers), and it's a mess.
It was not. Optimised JPEG was on par or sometimes better than WebP.
PNG is on version 1.2