HD DVD (High Density DVD or High Definition DVD) is a optical disc format designed for high-density storage of high-definition video and data.
from wikipedia:
http://en.wikipedia.org/wiki/HD-DVD
The HD DVD name is derived from its origination as a high-definition extension of the DVD optical disc format. An HD DVD disc can store substantially more data than a standard DVD, because of the shorter wavelength (405 nm) of the blue-violet laser (DVDs use a 650-nm-wavelength red laser and CDs an infrared 780 nm laser), which allows more information to be stored digitally in the same amount of physical space. In comparison to Blu-ray, which also uses a blue laser, HD DVD has less information capacity per layer (15 gigabytes instead of 25). HD DVD shares the same basic disc structure as a standard DVD: back-to-back bonding of two 0.6 mm thick, 120 mm diameter substrates. The 30 GB dual-layer HD DVDs have been used on nearly every movie released in this format.
HD DVD has a single-layer capacity of
15 GB and a dual-layer capacity of
30 GB. Toshiba has announced a triple-layer disc which offers
45 GB of storage. HD DVD can offer both the current DVD and HD DVD formats on one disc, which means that special HD DVD discs will play in any DVD player, old or the new high definition players (similar to the Blu-ray/DVD hybrid developed by JVC). This makes retail marketing and shelf space management easier. For consumers, shopping is simplified as they can simply buy a movie that plays in any DVD player in their house, standard definition or high definition. The HD DVD format also can be applied to current red laser DVDs in 5, 9, 15 and 18 GB capacities which offers an even lower cost option to content owners wanting to sell short form content.