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About Graphical Interchange Format
GIF (Graphics Interchange Format) is a file format created by CompuServe company in 1987, which is frequently used in the internet world today. GIF is one of the most widely preferred image formats around the world today, thanks to the support and portability it offers to its users. The GIF file supports up to 256 different colors, including 8 bits, pixels, and the beginning of each image. Although this file format does not have a very useful color gamut for professional photos and images, it is extremely useful for simple-to-use images and graphics, logos. GIF images are created using the lossless compression method called Lempel-Ziv-Welch, and there is no degradation on the actual quality of the image.
About Joint Photographic Experts Group
JPG or JPEG is a lossy image file compression extension, which stands for Joint Photographic Eperts Group. The JPG extension is a lossy file extension that has now been accepted by many manufacturers and is seen as one of the most ideal extensions, especially for photos. JPG is capable of reducing the total file size of files up to 5% of the size. After this compression process, some tiny details of the image disappear.