Png Image Format Vs Bmp. Bmp is both uncompressed and lossless. The png file format was published as an iso iec standard in 2004.
However simple picture such as a drawing you did in paint or a diagram will compress much better with bmp rather than png. I again tested this. Png and other compressed formats require a loader to de compress the image as its loaded making the loader more difficult to write.
Bmp formats commonly do not allow for image.
Richer images will lead to larger file sizes. The png file format was published as an iso iec standard in 2004. Hence it is a generally and widely accepted format. It was created as an improved and non patented replacement for graphics interchange format gif.