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.
TGA is a long-used raster graphic format. It was developed by Truevision Inc. (now Pinnacle Systems) back in 1984. It was initially used by the developer only for its own graphic adapters, but gradually gained popularity (primarily in the field of video processing and animation). Widely used in computer games, where it is used to store textures (including 3D video games). The name of the format comes from Targa Graphic. TGA files may partially contain image transparency information. They can become the main one for creating GIFs.