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  • Six(6) Different Types of Files and How They are Used

    Do you ever feel like people are talking a secret language that you simply don’t understand? For example, when someone asks you to send them a video in MP4 or your boss asks you for a PNG version of your company logo. “Are they talking in Morse code?” you think to yourself, and “what is all this MP4, PNG nonsense?!” Well, actually, these are all different types of computer file formats.


    Each file type can support one or more forms of content, like images, video, and text. When deciding which one to use, it’s important to note the advantages and disadvantages of each. In this article, we will give you a thorough explanation of the most common file formats used today. So, the next time you want to upload an image to your newly created website or share a video as a Facebook post, you’ll know exactly which file format fits your exact needs (and maybe, just maybe you’ll be speaking a little Morse code yourself). Low and behold, here are the different types of files you should know and how to use them:


    01. JPEG (Joint Photographic Experts Group)

    JPEG is the most common format used by digital cameras and images living on the World Wide Web. This file format is based on lossy compression, meaning that it keeps information that is visible to the viewer and gets rid of data that the human eye can’t perceive. The popularity of the JPEG file stems from the fact that it is lightweight, while still being good enough quality for digital use. Due to its size, it will not only load faster, but it can be uploaded to any platform regardless of size limitations. This format can also be viewed on any device without the need to download a special image viewer. However, it’s important to be aware that every time you save a file as a JPEG, hence compressing it over and over again, it causes the image to lose quality and possibly become pixelated or grainy.

    Advantages: lightweight file, viewable on almost any program.


    Disadvantages: loses quality when saved multiple times.


    Best places to use it: images for web design, social networks, and photo portfolios.




    02. PNG (Portable Network Graphics)

    PNG is a high-quality file format used for images. This file type is based on the lossless compression, which means that it supports high-quality images for online use while retaining the original image colors and sharpness. Unlike JPEG files, PNGs also support images with transparent backgrounds. So, if you want to have an image without a background, like a logo or product, you can save it as a PNG file and use it with different backgrounds. However, this file is not as lightweight as a JPEG. Therefore, it’s not recommended to upload hundreds of large PNG’s to your website or portfolio as it will take up a lot of storage and ultimately increase the loading time of your site. And nobody has time for that.


    Advantages: high-quality files, supports transparent backgrounds.


    Disadvantages: heavyweight file (slows down loading time and takes up lots of storage).


    Best places to use it: logos, websites photos, social networks (profile pictures, posts, and cover photos).




    03. GIF (Graphics Interchange Format)


    You’ve probably heard of this file type based on its most popular feature that’s taken the Internet by storm: animation! The GIF file is a form of bitmap images, meaning the graphic is composed of many tiny parts called pixels, just like the JPEG and PNG file formats. This file type is based on LZW (Lempel-Ziv-Welch), a special form of the lossless data compression algorithm. A GIF is most suitable for storing graphics with a few colors, such as simple diagrams, shapes, and logos, rather than gradients. For example, your business’ icons that contain three colors or less look great in this file format – plus, the small file size will be suitable to use anywhere. However, a beautiful sunset picture would not only be too heavy of a file size but also will look distorted because of the color limitations. One benefit of this file type is that it supports a transparent background, like a PNG file.


    Advantages: supports transparency and basic animation.

    Disadvantages: displays gradient colors poorly.

    Best places to use it: short animations for social channels, like Facebook and Twitter.




    04. PDF (Portable Document Format)


    This file format is used for online documents and printing purposes. It was created by Adobe with the goal of displaying files in the same format, no matter what device they are viewed on or what software they are opened with. Thanks to the reliability of PDFs you can create long documents and share them with others without risking a loss to your original design – text is not larger, images are not smaller, etc. PDF files can contain many different elements: text, photos, vector images, videos, audio files and even interactive elements like forms and buttons. It’s possible to create this file using many different kinds of software, from Adobe Photoshop, Illustrator, Indesign, and Acrobat to Microsoft Word, Google Docs and more. But to be able to view a PDF, you need to have a PDF reader installed on your device.

    Advantages: keeps all formatting regardless of what device it is displayed on.

    Disadvantages: you need a PDF Reader installed on the device to view it.

    Best places to use it: online forms, documents and printing services.


    05. SVG (Scalable Vector Graphics)

    SVG is a format commonly used to save and display vectors. Vector what? Vector art graphics are digital illustrations that are based on geometric shapes. They are created using a vector illustration software, like Illustrator. Apart from the clean and professional look they embody, their biggest advantage is that they maintain the highest quality even when resized. For example, if your business logo is a vector – and it should be – you can resize it to fit something as big as a billboard sign or as small as your business cards without risking a loss in quality. Today, we can view SVG images on all web browsers. It’s also a good format for printing purposes. So when you’re creating logos, icons and illustrations, make sure you save them as an SVG file. Also, if you’re working with designers on visual assets for your business, ask them to send it to you as an SVG file version, as well as other relevant formats (like PNG, JPEG, etc.).


    Advantages: resizable without losing quality.

    Disadvantages: social media platforms do not support this file type.

    Best places to use it: Graphics on your web design, illustrated assets for your business (logo, icons, diagrams illustrations, etc.).




    06. MP4 (Moving Picture Experts Group)

    MP4 is a multimedia container format, which is just a fancy term for most of the videos we consume on the Internet. This file can contain video, audio, and subtitles. Thanks to its compression format, the end result will be a very lightweight file that can be easily uploaded to your website or favorite social media channel. MP4s can also be played on all major media players and streamed over the Internet, so you won’t need any sophisticated program to view it. In summary, this is the best choice for creating or saving video files to your website, social media and more.


    Advantages: lightweight file, playable on all major media players and streamable online.

    Disadvantages: we searched high and low, but it seems that this file type has no flaws.

    Best places to use it: videos on your website and social media videos (Facebook, Youtube, Vimeo, etc.).

  • Over the past seven days, the Bitcoin network processed $95.14 million of media transfers for a mere $1 in fees.

    Over the past seven days, the Bitcoin network processed $95.14 million of media transfers for a mere $1 in fees.

     Over the last three months, Bitcoin, the largest cryptocurrency to date, and its network have been on a rollercoaster ride, with the price per BTC climbing from a low of $39,787.61 on September 24 to an all-time high of $68,742.31 on November 10.

    Despite the price volatility, one statistic appears to be improving — the so-called value settlement efficiency, which describes how much value can travel across Bitcoin’s network for $1 in transaction expenses.

    It turns out that in the course of recent 7 days, the Bitcoin network has moved an average of $95,142 of an incentive for each $1 worth of exchange costs.

    Settlement effectiveness has been moving up since May in light of the fact that more worth had been moved around the organization over that period. Тhe increment has been recorded by on-chain investigator Dylan LeClair, who utilized information from Glassnode.

    „The middle exchange saw $751 of worth moved for each $1 worth of charges. Bitcoin is the most proficient money related repayment network the world has at any point seen.” LeClair added on Twitter.

    In reality, LeClair’s assertion might go to be valid, since the last repayment costs added up to only 0.00105% of the all out esteem moved of $451.3 billion. In any case, Bitcoin is as yet the seventh-biggest exchange cost generator, with Ethereum handling $53 million in day by day charges, which is 98.7% more than the Bitcoin organization. Bitcoin midpoints $678,000 in exchange expenses for seven days, which puts it behind Ethereum, Uniswap, Binance Smart Chain, SushiSwap, Aave, and Compound.

    However, Bitcoin and Ethereum ought not fall into a similar classification, since their rule of activity is totally unique. Bitcoin, for instance, is normally utilized as a store of significant worth, while Ethereum is the main stage for brilliant agreements and decentralized applications.

    Furthermore, LeClair’s assertion of Bitcoin’s middle exchange sitting at $751 for $1 of exchange cost, couldn’t measure up by Ethereum’s mean exchange volume separated by the charges, which comes out at only $139 in esteem executed per dollar in fees.

    Meanwhile, information from Bitinfocharts shows that Bitcoin hits a normal exchange expense of around $2.13. Ethereum, then again, saw its normal charge arriving at an astounding $42.58. Besides, Ethereum became famous for the crazy exchange costs in the midst of the DeFi blast of the late spring of 2020.

    However, Ethereum’s gas charge emergency has pushed Layer-two (L2) arrangements, similar to Polygon (MATIC), to get a wide reception over the recent months with a close to unequaled high all out esteem locked of $6.87 billion, as per L2beat.