As lz4 provides you the fastest (de)compression speed. Here is python script to create an archive and extract the archive using lz4 algorithm.

compress.py

import os
import lz4.frame

def compression(files):
    with open('archive.lz4', 'wb') as archive:
        for file_name in files:
            # Write file metadata as length-prefixed string to the archive
            archive.write(len(file_name).to_bytes(2, byteorder='big'))
            archive.write(file_name.encode("utf-8"))
            
            # Compress the file and write it to the archive
            with open(file_name, 'rb') as file:
                compressed_data = lz4.frame.compress(file.read())
                archive.write(len(compressed_data).to_bytes(4, byteorder='big'))
                archive.write(compressed_data)

# Function to extract files and read metadata
def decompression(archive_name):
    with open(archive_name, 'rb') as archive:
        while True:
            # Read the next file metadata
            file_name_length = int.from_bytes(archive.read(2), byteorder='big')
            if not file_name_length:
                break
            file_name = archive.read(file_name_length).decode('utf-8')
            file_size = int.from_bytes(archive.read(4), byteorder='big')

            # Read the compressed file data and decompress it
            compressed_data = archive.read(file_size)
            decompressed_data = lz4.frame.decompress(compressed_data)
            
            # Write the decompressed file to disk
            with open(file_name, 'wb') as file:
                file.write(decompressed_data)