There are really only two types of graphics file formats in use on the web today:

Note: JPEG's lossy compression scheme causes a loss of image quality every time you save the file, so this is not the format to use until after you've finished editing the image!

If you want maximum color accuracy and a small file size, but don't need transparency or interlacing, then use the JPEG format.

If you want maximum web browser compatibility, transparency, and interlacing, but don't need maximum colors, or small file size, then use the GIF format.

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