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A GIF file is an image stored in the Graphical Interchange Format (GIF) which is pronounced by "jiff". It can contain up to 256 indexed colors, and the color palette can be a predetermine group of colors or match the colors in the image. GIF files are stored in lossless format, which means that sharpness of the image is not affected by GIF compression.
The GIF format was first published by CompuServe in 1987, although it was last modified in 1989. In plenty of other words, GIF is slightly older than the Rest Of The internet and is older than around 35% of the United States population.
A PNG file is a transparent background image saved in the Portable Network Graphic (PNG) format, which is often used to save web graphics, digital pictures, and other images with transparent backgrounds. It's a raster graphic that's comparable to a .JPG picture but with lossless compression and transparency capabilities.
PNG pictures are superior to GIF images in several aspects, including the inclusion of an 8-bit transparency channel that allows the image's color to shift from opaque to transparent, whereas GIF images only support entirely opaque or fully transparent pixels. Palettes of 24-bit RGB color, RGB pictures, or greyscale or RGB images are all supported by PNG. Because PNG was designed to convey pictures over the Internet rather than for professional graphics, it does not support additional color models such as CMYK.
Want to convert in opposite direction? Click here to convert from PNG to GIF:
PNG to GIF converter