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You can pretty much control what can happen on every events (after init, after slide changes, lazy load success, etc) to suit your needs. You can trigger the slider operations via the code. There will always be use cases for these based on my experience. See More
Performance wise, you can speed up the rendering of your site by allowing this slider to serve smaller sized version of the images on each slides, without waiting for all the higher quality images to load. Once a higher quality image for a slide is loaded it will smoothly transition to reveal it. See More