Remember when it was a big deal if you chose .zip, .rar, or 7z, etc? Now we all have so much bandwidth it doesn't matter.

Willy@sh.itjust.works to Showerthoughts@lemmy.world – 224 points –
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7z has way better (ultra) compression

So that makes sense to use now. Rar made sense before 7z existed.

7z was developed in 1999. As far as I know, rar was popular due to was shareware with practically unlimited “trial” and there was an opinion, that paid products are better.