Analysis of image compression methods for storage in decentralized blockchain repositories

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Abstract
The methods of image compression for storage in decentralized blockchain repositories, specifically in the IPFS system, are examined. A methodology for evaluating the efficiency of different image compression algorithms is proposed, incorporating both lossless compression (PNG, TIFF, GIF) and lossy compression (JPEG, WEBP). The comparison includes metrics such as file size, image quality (measured by PSNR), upload time to IPFS, and bandwidth for each compression method. Each image is hashed, and the hash is stored in a smart contract within a local blockchain network deployed using Ganache. Such methods enable the optimization of image storage and transfer within blockchain repositories, ensuring a balance between image quality, file size, and access speed.