What is the difference between a PNG and a TIFF file format in terms of image quality and compression?

PNG and TIFF are both image file formats, but they differ in terms of image quality and compression. PNG files are typically smaller in size and use lossless compression, meaning they retain high image quality without losing any data. On the other hand, TIFF files can support both lossless and lossy compression, allowing for higher quality images but also larger file sizes. Ultimately, PNG is better for web use and images with transparency, while TIFF is preferred for high-quality printing and professional Photography.