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PNG, or Portable Network Graphics, is a raster image format that uses lossless data compression. It was developed in the early 1990s as a replacement for GIF (Graphics Interchange Format) and was designed to be a more versatile and efficient format. PNG supports transparency, allowing for images with a transparent background, and it also supports a wide range of color depths, including 24-bit and 32-bit. This makes PNG a popular choice for web graphics, logos, and icons. In addition to its use in web design, PNG is also widely used in graphics editing software, such as Adobe Photoshop, and is often used as a format for saving and sharing images. The PNG format is also known for its ability to preserve the original image data, making it a good choice for images that require high-quality reproduction. With its versatility, efficiency, and high-quality image reproduction, PNG has become a widely accepted and popular image format.