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BMP, which stands for Bitmap Image File or simply Bitmap, is a raster graphics image file format that is used to store bitmap digital images. This format was developed by Microsoft and introduced with the Windows operating system. BMP files are also known as Device Independent Bitmap (DIB) files, which means the color information in these files does not depend on the display device's characteristics.
PNG, which stands for Portable Network Graphics, is a raster graphics file format that was created as an improved, non-patented replacement for GIF. It was first developed in the mid-1990s as a response to the limitations of the GIF format, primarily its color palette restrictions and the patent issues surrounding the compression technique GIF used at the time.