In short, 10-bit encoding is the solution to color banding, delivering "nice and smooth gradients at much lower bitrates than 8 bit". This is an absolute necessity for a show as visually sumptuous as "The White Lotus."
File names like "The White Lotus S01 S02 720p.10bit.WEBRip.x265" look like tech jargon, but each element describes a specific aspect of the video quality and performance. The White Lotus S01 S02 720p.10bit.WEBRip.x265