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> Graphics Interchange Format... was dropped from every usage all over the net in the blink of an eye and replaced by a fresh-new format named Portable Network Graphics.

If by "in the blink of an eye" they mean "over the course of about a decade, gradually, and with hanging-on remnants even today"....

The LZW patent has expired in 2003. GIF usage is now free.

Also, you can probably blame the slow adoption of PNG on Internet Explorer, which dictated what became a standard on the web and what not.

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