It can do practically anything, really.
It seems the default for color is sRGB8, however (see attached image, right-hand pane).
One can choose between single and triple channel images at 8, 16 and 32bpc, and the aforementioned sRGB8.
I should hasten to add: most monitors today are still sRGB, so the color transform makes sense, otherwise minor, but perceptible difference would arise in colors.
I should also add that this is just the default, i see nothing stopping anyone to export color as RGB8 (i.e. linear), or normals as sRGB, so one has to be mindful of using the correct encoding, in the output and once in the V-Ray bitmap loader.
As the encoding often isn't specified in the file formats, assumptions have to be made, and if one saved wrong, the "auto" mode would likely get it wrong (i.e. load a linear Color image as sRGB).
It seems the default for color is sRGB8, however (see attached image, right-hand pane).
One can choose between single and triple channel images at 8, 16 and 32bpc, and the aforementioned sRGB8.
I should hasten to add: most monitors today are still sRGB, so the color transform makes sense, otherwise minor, but perceptible difference would arise in colors.
I should also add that this is just the default, i see nothing stopping anyone to export color as RGB8 (i.e. linear), or normals as sRGB, so one has to be mindful of using the correct encoding, in the output and once in the V-Ray bitmap loader.
As the encoding often isn't specified in the file formats, assumptions have to be made, and if one saved wrong, the "auto" mode would likely get it wrong (i.e. load a linear Color image as sRGB).
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