Right now I'm almost exclusively using zstd (general stuff) or lzma2/xz (high compression where read speed doesn't matter). And of course gz and zip for data interchange where compatibility is key. From the information presented bzip3 won't replace any of those use cases for me, but that's fine. Maybe it fits somebody else's use case, or maybe it's the foundation for the next great algorithm that we all end up using.
% wc -c linux.tar.zst linux.bz3 134980904 linux.tar.zst 129255792 linux.bz3
# compression
bzip3 -j 4 -e linux-5.18-rc6.tar linux-5.18-rc6.tar.bz3
user: 345.48s system: 0.59s cpu: 373% total: 1:32.75
zstd -19 --long -T4 -f linux-5.18-rc6.tar
user: 1270.48s system: 0.89s cpu: 376% total: 5:37.9
> du -b linux-5.18-rc6.tar.* | sort -rn | reln
1.000000 130907738 linux-5.18-rc6.tar.zst
0.994715 130215881 linux-5.18-rc6.tar.bz3
With additional ‘--ultra -22’ tar.zst is smaller, but the compression time sky rockets. # decompression
bzip3 -j 4 -d linux-5.18-rc6.tar.bz3 linux-5.18-rc6.tar
user: 222.57s system: 0.92s cpu: 362% total: 1:01.69
bzip3 -d linux-5.18-rc6.tar.bz3 linux-5.18-rc6.tar
user: 141.29s system: 0.89s cpu: 99% total: 2:22.19
zstd -d -T4 -f linux-5.18-rc6.tar.zst
user: 2.26s system: 0.84s cpu: 99% total: 3.102
zstd doesn’t seem to support parallel decoding, but still 20x faster2. Bzip2 is somewhat is a standard
3. zStandard is not a substitute for Bzip2
When I evaluated various compression algorithms a few years ago zstd came ahead of bzip2 in every metric.
[1]: https://github.com/dsnet/compress/blob/master/doc/bzip2-form...
The author of lzip has harsh criticism of xz, and admiration of bzip2 for error detection/correction and "rightsizing" the container format.
I use lzip in preference to xz unless I need portability.