MP3 stands for MPEG-1 Audio Layer 3, which is a compressed audio file format that allows digital audio to be easily distributed and shared over the internet. MP3 files use lossy compression, which means that they discard some of the original audio data in order to reduce the file size.
Despite the loss of some audio quality, MP3 files have become the de facto standard for music distribution and consumption online due to their small file size and compatibility with a wide range of digital devices. They can be easily played on smartphones, computers, and dedicated MP3 players, and are widely used for music streaming and downloading.
