Lock Sign Issue
What is the reason JPG comes with a lock sign? PNG does not come.

What is the reason JPG comes with a lock sign? PNG does not come.

Adding a little history to Dave's correct reply, Photoshop used to require a Background layer, which is a unique layer that could not be deleted, renamed, reordered, or have transparency.
Background layers have not been required since Alvy Ray Smith came up with the formula for transparency:
"αA + (1-α)B"
and in 1999 Photoshop 5.5 was released. Details here:
https://www.cs.princeton.edu/courses/archive/spring05/cos426/papers/smith95c.pdf
Jane
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