What is the name of the newer version of the File Allocation Table (FAT)?

The correct answer is ExFAT, which stands for Extended File Allocation Table. ExFAT was designed to address some of the limitations associated with FAT32, particularly for larger file sizes and storage capacities. FAT32 supports a maximum file size of 4GB and a volume size of 8TB, which can be quite restrictive for modern applications, especially with high-definition media files and larger external storage devices.

ExFAT expands on these capabilities, allowing for files larger than 4GB and supporting very large storage devices, making it suitable for flash drives and SD cards used in devices that require significant amounts of data exchange, like cameras and mobile devices. It is also optimized for use on flash memory, making it a preferred choice for modern storage needs.

While NTFS is a more advanced file system developed for Windows with features like security permissions and journaling, it is not primarily considered a version of FAT. HPFS (High-Performance File System) is a file system designed for OS/2 and is not directly related to the developments of the FAT system. Therefore, ExFAT is recognized as the newer version of File Allocation Table, providing the enhancements needed for current technology demands.