GIF is one of the most common raster image formats. Its name is an abbreviation for Graphics Interchange Format File. The developer is the CompuServe organization. A feature of this particular image format is its ability to support the animation function. You can edit animated GIFs in different programs (for example, Easy GIF Animator). Animation is achieved due to the fact that a file of this format carries in itself in a certain sequence several raster images at once. With a depth of up to 256 colors, significant data compression in GIF files is possible without loss of quality.
JPEG is the most common and popular bitmap format. The form got its name from the name of the organization-developer Joint Photographic Experts Group. Files of this format are used today in all digital cameras and cameras. They have a good compression ratio and support 24-bit color depth. Since such compression significantly reduces image size with virtually no loss of quality, JPEG format is widespread on the Internet. However, the stronger the compression, the worse the quality. In addition, the JPEG format does not support the transparency option.