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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The GIF file format is a type of bitmap image and has become popular due to the growth of the internet. This file format supports up to 8 bits per pixel therefore giving an image the ability to contain 256 distinct colours chosen from the 24-bit RGB colour space. It also supports animations and whenever you see a logo or other sharp edged line art then you are probably dealing with the GIF format. It uses the lossless data compression technique which reduces the file size without any impact on the quality.
The GIF file format was invented by Compuserve for their online service, but they made the specifications publicly available. GIFs are able to hold multiple bitmaps of up to 256 colors each, using LZW (Lempel Zev Welch - a simple form of file compression that removes inefficiencies in the data storage without losing data or distorting the image) compressed raster data to minimize file sizes. The idea is to lessen the amount of colours in a GIF image to the minimum number necessary and to therefore remove stray colors that are not required to represent the image. A GIF graphic is unable to have more than 256 colors but it can have fewer colors, down to the minimum of two (black and white). Images with fewer colors will compress more efficiently under LZW compression.
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