Doesn't change my answer, deejjjaaaa - we don't have to use lossy compression, and Phase One is
very clear that their DNG conversion is simply an archival option.
Earlier versions of Cap One's help file actually used to say as much:
Output to DNG
Many see a benefit of using DNG for archival purposes.
Outputting to DNG format in Capture One in essence creates a new RAW file. There are no options for size or compression with this format. All changes made to the image will be discarded when creating the DNG file.
The current help says much the same thing, just leaving out the explicit reference to archival, but still making it clear that the file is saved unchanged from the original Raw:
Outputting to DNG format in Capture One, in essence, creates a new RAW file. There are no options for size or compression with this format. All changes made to the image will be discarded when creating the DNG file.