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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.
HEIF, or High Efficiency Image File Format, is a modern image file format introduced by the Moving Picture Experts Group (MPEG). It was developed as part of the MPEG-H suite and is based on the High Efficiency Video Coding (HEVC, or H.265) video compression standard. HEIF was designed to improve on the compression capabilities of older formats like JPEG, providing higher image quality at smaller file sizes.