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In this paper, a new fractal image compression algorithm is proposed, in which the time of the encoding process is considerably reduced. The algorithm exploits a domain pool reduction approach, along with the use of innovative predefined values for contrast scaling factor, S, instead of searching it across. Only the domain blocks with entropy greater than a threshold are considered to belong to the domain pool. The algorithm has been tested for some well-known images and the results have been compared with the state-of-the-art algorithms. The experiments show that our proposed algorithm has considerably lower encoding time than the other algorithms giving approximately the same quality for the encoded images.

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