Which data savings technique utilizes stripes and parity calculation in a Nutanix cluster?

According to the Nutanix Support & Insights web search result1, erasure coding is a data savings technique that utilizes stripes and parity calculation in a Nutanix cluster. Erasure coding increases the usable capacity on a cluster by reducing the replication factor of data blocks. Instead of replicating data, erasure coding uses parity information to rebuild data in the event of a disk or node failure. Erasure coding can save up to 50% of storage space compared to replication factor 2, and up to 75% compared to replication factor 32.