AudioBanter.com - View Single Post - Question about digital limiter gain reduction

In article writes:

Do digital limiters such as the Waves L2 etc... reduce peaks by
saturating them or reducucing their volume similar to a compressor set
to standard limiter paramters (20:1 fast attack/release). So in
other words do the peaks get ducked down or merely chopped?

A clipper chops peaks. A limiter is a fast-acting gain reducer, but
doing that still can (and does) make a waveform look distorted when
you look at more than one cycle. A digital limiter can (if so
programmed) act on as little as a single cycle since it always has the
opportunity to look at what's coming in and change it before letting
it out.

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