JP2 is a bitmap image format. The JP2 format, i.e. JPEG 2000 image, was developed by the Joint Photographic Experts Group. The JP2 file can be in the form of a photograph, drawing, digital fax, etc. File type: JPEG 2000 Core Image File. JPEG 2000 is the patent-pending bitmap image format. It has been licensed free of charge, and now it is an international standard (ISO / IEC 15444-1: 2004). Compared to the previous JPEG-1 standard, JPEG 2000 uses a completely different method to compress data (wavelet transform, wavelet transform). This method generally ensures higher image quality. It also gives a more compact file size. The JP2 format has a lot in common with the JPEG format, which is now especially popular. However, it differs in that it uses wavelet transform technology for compression, and discrete cosine transform has found application in JPEG. Using the first technology, you can get a better image, even when the file size is relatively smaller. There are also JP2 files with the extensions .J2K, JPF, MJ2, JPX and JPM. In order to open a file of this format, that is, to edit, use programs such as Mozilla Firefox, Adobe Photoshop, ACD Systems ACDSee, Google Chrome.
PSD is a fairly common raster image format; the most popular graphic editor Adobe Photoshop is used to create files of this format. The name of the format is an abbreviation for Photoshop Document, and the developer is Adobe Systems. In other words, it is a graphic file format specially created for this program. Its feature is that it stores text information, layers, layer masks. PSD saves all layers created when working in Adobe Photoshop, and you can continue to work with them at any time. Also uses transparency and translucency options.