The GIF format (Graphics Interchange Format) is a widely used image format that supports both static and animated images. It was developed in 1987 by CompuServe to provide a color image format that could be easily shared across different platforms. GIFs use a limited color palette of up to 256 colors, which makes them suitable for simple graphics and animations. One of the key features of GIFs is their ability to support transparency and looping animations. This allows users to create short, repeating animations that can be easily shared on social media and messaging platforms. Despite its limitations in color depth, the GIF format remains popular for memes, reactions, and other visual content online.