Snagit Editor: Use PNG-8 to reduce file size
For images meant for the internet, it is very important to keep the file sizes as small as possible. This often makes PNG-8 a better option than Snagit’s default PNG-24. Why PNG-8? The 8 in PNG-8 refers to the number of bits used to store color information. With 8 bits we get only 256 colors but the file sizes are much smaller. At first glance, this compares very poorly with PNG-24 which supports millions of colors.