This new version of the Thumbnails plugin adds the fallback featured image option, so when a post is missing the image, one is added automatically.
Thumbails is a plugin that autowires a featured image when it is missing and can generate pixel-perfect resizes and cuts of the image without the need to regenerate them for the whole site when a size is needed (for example, after a theme change).
On-the-fly generated images are stored in a cache folder without clogging up your uploads folder.
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