The image shows a circuit design for a simple encoder and decoder using logic gates in CircuitVerse.

Encoder: It takes multiple input signals and converts them into a smaller number of outputs. In this case, inputs (A, B, C, D) are encoded into output signals (X, Y).

Decoder: It performs the reverse operation, taking encoded inputs (X, Y) and converting them back to the original outputs (A, B, C, D).