GIF
Graphics Interchange Format (GIF) is an image file format first released by CompuServe in 1987. It remains popular due to itβs widespread support for animated images despite its obsolete efficency. Other animated image formats like Animated AVIF & Animated WebP have since surpassed GIF in functionality, as has the animated PNG variant APNG.
Performance Checklist
Lossless? Yes
Lossy? No
Supported Bit Depth: 256 colors
HDR/Wide Gamut? No
Animation? Yes
Transparency? Yes
Progressive Decode? No
Royalty Free? Yes