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Almost all modern browsers support it (the share of those who do not support it is already below 10%.) In Google PageSpeed, the module solves one of the most important tasks - "Postpone loading of hidden images".
Advantages and features of the module:
1) The most efficient and fastest method of lazy loading images is used. This is truly the most progressive way to speed up your store.
2) Automatically marks all matching images on the page for lazy loading (no need to manually specify special classes and attributes)