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What is the difference between gifand jpeg banners?

banners difference JPEG
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What is the difference between gifand jpeg banners?

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A gif file is one of many types of graphical images on the web. Gifs have a maximum of 256 colors. They can be used to create animated banners. Graphics can save quite a bit on file size if you are only using a few colors on your banner. However, if you want to have a banner with lots of colors, but a gif file will be too large (in terms of size) for the banner exchange, you might want to use a jpeg.

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