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TinyPNG uses smart lossy compression technology to reduce the file size of your PNG files. By selectively reducing the number of colors in an image, fewer bytes are used to store data. The effect is almost invisible, but it makes a huge difference in file size!
PNG is useful because it is the only widely supported format that can store partially transparent images. This format uses compressed files, but they are still large. Use TinyPNG to reduce images for your apps and websites. It will use less bandwidth and load faster.
Great question! When you upload a PNG (Portable Network Graphics) file, similar colors in your image will be merged. This technique is called "quantification." Because of the reduced color count, 24-bit PNG files can be converted to smaller 8-bit indexed color images. All unnecessary metadata is removed. The result: TinyPNG supports 100% small transparent PNG files.
Finally attached is the official website link: https://tinypng.com/