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A GIF or Graphical Interchange Format is a type of highly compressed image. Owned by Unisys, GIF uses the LZW compression algorithm that does not degrade the image quality. For each image GIF typically allow up to 8 bits per pixel and up to 256 colours are allowed across the image. In contrast to a JPEG image, which can display up to 16 million colours and fairly touches the limits of the human eye.
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Files having extension .BMP represent Bitmap Image files that are used to store bitmap digital images. These images are independent of graphics adapter and are also called device independent bitmap (DIB) file format. This independency serves the purpose of opening the file on multiple platforms such as Microsoft Windows and Mac. The BMP file format can store data as two-dimensional digital images in both monochrome as well as color format with various colour depths.
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