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of the .lz format used by lzip is supported since version 5.3.4.

In most cases, xz achieves higher compression rates than alternatives like zip, gzip and bzip2. Decompression speed is higher than bzip2, but lower than gzip. Compression can be much slower than gzip, and is slower than bzip2 for high levels of compression, and is most useful when a compressed file will be used many times.

XZ Utils

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