PNG pronounced ping is a format for storing bitmapped (raster) images on computers. It was created originally to replace the GIF file format when it was announced that the companies who created the GIF format wanted royalties. PNG uses indexed colors and lossless compression (like a .GIF file), but without those copyright limitations; it cannot be animated like a GIF image.
PNG images are in many ways better than .GIF as they also include an 8-bit transparency channel, which allows the colors in the image to fade from opaque to transparent; GIF images only support fully opaque or fully transparent pixels. PNG supports palettes of 24-bit RGB colors, RGB images or greyscale or RGB images. PNG was intended to be able to transfer images on the Internet, not professional graphics, and so does not support other colour spaces (such as CMYK).
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Tiff was originally created by a company called Aldus, and is now owned by Adobe systems, it is a file format for storing images, including line art and photographs. It was created due to the popularity of scanners and was thought-up to become the standard scanned image file format. It is a popular format for high-colour-depth images and it has also been adapted to accommodate greyscale images.
A TIFF file is made up of many different blocks which define the palette data or the LZW-compressed body among other things. The byte order is either Motorola or Intel depending on the first word. if it is MM, then you have Motorola byte ordering and likewise if it is II it means you have Intel byte ordering. Each TIFF file begins with an image file header which then points to an image file directory which contains the image data and image information.
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