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The JPG file format is a popular image format, most commonly used for storing digital photos. This format uses lossy compression technology, which can achieve high-level file compression, while the image quality has almost no noticeable loss, making it an ideal format for photos.
PNG is a lossless compressed image file format that supports transparent backgrounds and high-resolution images. It provides high-quality images without taking up too much bandwidth, so it is widely used on the web. It contains 24-bit RGB color images, 8-bit grayscale images, and 24-bit images with alpha channels, and supports multiple color spaces, including sRGB, Adobe RGB, and grayscale. It can be created and edited in many different applications, including Adobe Photoshop, GIMP, and Microsoft Paint.