diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2445fff3..ecce3fae 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,8 @@
 * Fix SpannableBuilder `subSequence` method
 * Introduce Nougat check in `BulletListItemSpan` to position bullet (for bullets to be
 positioned correctly when nested inside other `LeadingMarginSpan`s)  
+* Reduced number of invalidations in AsyncDrawable when result is ready
+* AsyncDrawable#hasKnownDimentions -> AsyncDrawable#hasKnownDimensions typo fix
 
 # 4.2.0
 * `MarkwonEditor` to highlight markdown input whilst editing (new module: `markwon-editor`)
diff --git a/app/src/main/AndroidManifest.xml b/app/src/main/AndroidManifest.xml
index 9e5a6805..311a39e2 100644
--- a/app/src/main/AndroidManifest.xml
+++ b/app/src/main/AndroidManifest.xml
@@ -4,7 +4,6 @@
     package="io.noties.markwon.app">
 
     <uses-permission android:name="android.permission.INTERNET" />
-    <uses-permission android:name="android.permission.ACCESS_ALL_DOWNLOADS" />
 
     <application
         android:name=".App"
diff --git a/app/src/main/java/io/noties/markwon/app/MarkdownRenderer.java b/app/src/main/java/io/noties/markwon/app/MarkdownRenderer.java
index 9bcb8e0f..cc339083 100644
--- a/app/src/main/java/io/noties/markwon/app/MarkdownRenderer.java
+++ b/app/src/main/java/io/noties/markwon/app/MarkdownRenderer.java
@@ -25,6 +25,7 @@ import io.noties.markwon.ext.tasklist.TaskListPlugin;
 import io.noties.markwon.html.HtmlPlugin;
 import io.noties.markwon.image.ImagesPlugin;
 import io.noties.markwon.image.file.FileSchemeHandler;
+import io.noties.markwon.image.gif.GifMediaDecoder;
 import io.noties.markwon.image.network.OkHttpNetworkSchemeHandler;
 import io.noties.markwon.syntax.Prism4jTheme;
 import io.noties.markwon.syntax.Prism4jThemeDarkula;
@@ -105,7 +106,8 @@ public class MarkdownRenderer {
                                 // default-media-decoder is also added automatically
                                 plugin
                                         .addSchemeHandler(OkHttpNetworkSchemeHandler.create())
-                                        .addSchemeHandler(FileSchemeHandler.createWithAssets(context.getAssets()));
+                                        .addSchemeHandler(FileSchemeHandler.createWithAssets(context.getAssets()))
+                                        .addMediaDecoder(GifMediaDecoder.create(false));
                             }
                         }))
                         .usePlugin(SyntaxHighlightPlugin.create(prism4j, prism4jTheme))
diff --git a/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawable.java b/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawable.java
index 62ea138a..291b77c9 100644
--- a/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawable.java
+++ b/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawable.java
@@ -55,6 +55,7 @@ public class AsyncDrawable extends Drawable {
     /**
      * @since 4.0.0
      */
+    @SuppressWarnings("WeakerAccess")
     @Nullable
     public ImageSize getImageSize() {
         return imageSize;
@@ -63,20 +64,33 @@ public class AsyncDrawable extends Drawable {
     /**
      * @since 4.0.0
      */
+    @SuppressWarnings("unused")
     @NonNull
     public ImageSizeResolver getImageSizeResolver() {
         return imageSizeResolver;
     }
 
     /**
+     * @see #hasKnownDimensions()
      * @since 4.0.0
+     * @deprecated 4.2.1-SNAPSHOT
      */
+    @SuppressWarnings({"unused", "WeakerAccess"})
+    @Deprecated
     public boolean hasKnownDimentions() {
         return canvasWidth > 0;
     }
 
     /**
-     * @see #hasKnownDimentions()
+     * @since 4.2.1-SNAPSHOT
+     */
+    @SuppressWarnings({"unused", "WeakerAccess"})
+    public boolean hasKnownDimensions() {
+        return canvasWidth > 0;
+    }
+
+    /**
+     * @see #hasKnownDimensions()
      * @since 4.0.0
      */
     public int getLastKnownCanvasWidth() {
@@ -84,9 +98,10 @@ public class AsyncDrawable extends Drawable {
     }
 
     /**
-     * @see #hasKnownDimentions()
+     * @see #hasKnownDimensions()
      * @since 4.0.0
      */
+    @SuppressWarnings("WeakerAccess")
     public float getLastKnowTextSize() {
         return textSize;
     }
@@ -95,6 +110,7 @@ public class AsyncDrawable extends Drawable {
         return result;
     }
 
+    @SuppressWarnings("WeakerAccess")
     public boolean hasResult() {
         return result != null;
     }
@@ -104,10 +120,17 @@ public class AsyncDrawable extends Drawable {
     }
 
     // yeah
-    public void setCallback2(@Nullable Callback callback) {
+    @SuppressWarnings("WeakerAccess")
+    public void setCallback2(@Nullable Callback cb) {
 
-        this.callback = callback;
-        super.setCallback(callback);
+        // @since 4.2.1-SNAPSHOT
+        //  wrap callback so invalidation happens to this AsyncDrawable instance
+        //  and not for wrapped result/placeholder
+        this.callback = cb == null
+                ? null
+                : new WrappedCallback(cb);
+
+        super.setCallback(cb);
 
         // if not null -> means we are attached
         if (callback != null) {
@@ -138,6 +161,7 @@ public class AsyncDrawable extends Drawable {
     /**
      * @since 3.0.1
      */
+    @SuppressWarnings("WeakerAccess")
     protected void setPlaceholderResult(@NonNull Drawable placeholder) {
         // okay, if placeholder has bounds -> use it, otherwise use original imageSize
 
@@ -175,7 +199,6 @@ public class AsyncDrawable extends Drawable {
         }
 
         this.result = result;
-        this.result.setCallback(callback);
 
         initBounds();
     }
@@ -210,6 +233,12 @@ public class AsyncDrawable extends Drawable {
 
         final Rect bounds = resolveBounds();
         result.setBounds(bounds);
+        // @since 4.2.1-SNAPSHOT, we set callback after bounds are resolved
+        //  to reduce number of invalidations
+        result.setCallback(callback);
+
+        // so, this method will check if there is previous bounds and call invalidate _BEFORE_
+        //  applying new bounds. This is why it is important to have initial bounds empty.
         setBounds(bounds);
 
         invalidateSelf();
@@ -291,6 +320,7 @@ public class AsyncDrawable extends Drawable {
         return imageSizeResolver.resolveImageSize(this);
     }
 
+    @NonNull
     @Override
     public String toString() {
         return "AsyncDrawable{" +
@@ -302,4 +332,30 @@ public class AsyncDrawable extends Drawable {
                 ", waitingForDimensions=" + waitingForDimensions +
                 '}';
     }
+
+    // @since 4.2.1-SNAPSHOT
+    //  Wrapped callback to trigger invalidation for this AsyncDrawable instance (and not result/placeholder)
+    private class WrappedCallback implements Callback {
+
+        private final Callback callback;
+
+        WrappedCallback(@NonNull Callback callback) {
+            this.callback = callback;
+        }
+
+        @Override
+        public void invalidateDrawable(@NonNull Drawable who) {
+            callback.invalidateDrawable(AsyncDrawable.this);
+        }
+
+        @Override
+        public void scheduleDrawable(@NonNull Drawable who, @NonNull Runnable what, long when) {
+            callback.scheduleDrawable(AsyncDrawable.this, what, when);
+        }
+
+        @Override
+        public void unscheduleDrawable(@NonNull Drawable who, @NonNull Runnable what) {
+            callback.unscheduleDrawable(AsyncDrawable.this, what);
+        }
+    }
 }
diff --git a/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawableSpan.java b/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawableSpan.java
index 0d70b62a..7c979e23 100644
--- a/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawableSpan.java
+++ b/markwon-core/src/main/java/io/noties/markwon/image/AsyncDrawableSpan.java
@@ -42,11 +42,9 @@ public class AsyncDrawableSpan extends ReplacementSpan {
         this.alignment = alignment;
         this.replacementTextIsLink = replacementTextIsLink;
 
-        // additionally set intrinsic bounds if empty
-        final Rect rect = drawable.getBounds();
-        if (rect.isEmpty()) {
-            drawable.setBounds(0, 0, drawable.getIntrinsicWidth(), drawable.getIntrinsicHeight());
-        }
+        // @since 4.2.1-SNAPSHOT we do not set intrinsic bounds
+        //  at this point they will always be 0,0-1,1, but this
+        //  will trigger another invalidation when we will have bounds
     }
 
     @Override