MXF is a professional video and audio file format used in the film and television industry. It supports high-quality video and audio data and is used for storing, editing, and distributing content. MXF files are typically large and are supported by industry-standard video editing software.
GIF is a graphics format that supports both static and animated images. It uses lossless compression, preserving the image quality while keeping file sizes small. GIFs are popular on social media and in web design for creating simple animations or small visual elements. However, they are limited to 256 colors.