PNG is a lossless image format, the file size is larger than JPG, but every pixel is preserved exactly. It supports full transparency (alpha channel), which JPG cannot. Created in 1996 specifically as a patent-free replacement for GIF, PNG is the standard for screenshots, logos, icons, UI graphics, and any image that needs sharp text or transparent backgrounds.
How to open
Universal support, every OS, browser, and image editor reads PNG. macOS Preview, Windows Photos, and any web browser open PNGs without any conversion step.