The invention discloses a derivable motion compensation prediction method of a decoding terminal. The method comprises the steps of firstly, obtaining motion vectors and coordinates of encoding blocks on the left side, the upper side and the upper right side of an adjacent encoding block, and working out model parameters; secondly, determining the initial value of a candidate motion vector of thecurrent encoding block according to the model parameters obtained by computing; thirdly, modifying the initial value of the candidate motion vector to obtain candidate motion vector set, and selecting an optimum candidate motion vector from the candidate motion vector muster; fourthly, performing compensation prediction according to the optimum candidate motion vector, and computing a rate-distortion cost when the optimum candidate motion vector is adopted to perform the compensation prediction; and fifthly, performing prediction on the current encoding block by adopting a motion compensationprediction method in H.264 / AVC, and selecting a motion compensation prediction method with the lowest rate-distortion cost to perform prediction. The method can save motion vector information, and improves the compression efficiency of a zoom video; and simultaneously, when an encoding terminal is not required to encode the model parameters, the decoding terminal can directly determine the model parameters.