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Cinegy has entered the next-generation codec sweepstakes with DANIEL2, a new GPU-based acquisition and production codec that's built for pure speed. The company describes DANIEL2 as the "world's fastest" video codec. What does that mean? Using an Nvidia Quadro M6000 GPU, the company claims to be able to decode HD video at 17,000fps, or 16K video at 280fps. The codec is said to operate at selectable compression ratios between 1:3 and 1:30. Cinegy Managing Director Jan Weigner told StudioDaily the compression ratio has no impact on the decode speed. DANIEL2 is optimized for Nvidia CUDA and has been engineered to conserve GPU memory bandwidth, allowing GPU-accelerated FX and compositing to take place while the codec is in use, Cinegy said. It's being positioned as a mezzanine codec for acquisition, editing, post-production, and playout. The codec will be available "soon" as an SDK supporting the codec in AVI and QuickTime wrappers, Cinegy said, allowing developers to integrate it with existing NLEs and other software. DANIEL2 Features Up to 4:4:4:4 colour space for RGBA, keying, graphics overlays etc. Up to 8, 10, 12 or 16 bit colour depth Extremely low decoding latency Multi-generation re-compression without artefacts Efficient with "almost transparent" frames Selectable compression ratio from 1:3 to 1:30, adaptable, variable bit rate encoding Optimized for Nvidia CUDA DANIEL2 Decode Performance (using Nvidia Quadro M6000) HD 17000 fps 4K 4300 fps 8K 1100 fps 16K 280 fps Download Alpha version for  Adobe Premiere CC (WIn only ) and standalone player(WIN only)