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JPEG, short for "Joint Photographic Experts Group," is a commonly used image compression format that can provide high-quality images while maintaining relatively small file sizes. JPEG files can contain 24-bit RGB color images and 8-bit grayscale images, and can be used for creating and editing in many different applications, including Adobe Photoshop, GIMP, and Microsoft Paint.
Draco is a glTF extension for mesh compression, an open source library developed by Google for compressing and decompressing 3D meshes to significantly reduce the size of 3D content. It compresses vertex positions, normals, colors, texture coordinates, and any other general vertex properties, increasing the efficiency and speed of transferring 3D content on the web.