JPEG stands for Joint Photographic Experts Group, and is a type of image compression used to reduce the size of digital images. JPEG files are typically smaller in size than other image formats, such as GIF or TIFF, making them ideal for use on the web where file sizes need to be kept low.
JPEGs can be created using any standard graphics program like Adobe Photoshop or GIMP. To save an image as a JPEG file, simply select “Save As” from the File menu and then choose “JPEG” from the list of available formats. If you want better quality images with less compression (and thus larger file sizes), you can adjust the quality settings before saving your file.
In addition to being used on websites, JPEGs are also widely used in digital cameras and mobile phones due to their relatively small file sizes – which makes them perfect for sharing via email or social media sites such as Facebook or Instagram.
When it comes to cryptocurrency networks, many wallets support sending funds by attaching a small JPEG image along with it — this allows users to easily identify transactions among others when viewing their wallet balance history online. For example: if someone sends you 1 BTC but attaches an image of a cat wearing sunglasses alongside it — that transaction will stand out more than one without any attached imagery!