How does TFS store binary files

Quick and simple question I did not find an answer for:

How does TFS store binary files? I know that for text files it stores the complete content of the l开发者_开发百科atest version and diffs to its predecessors. Does the same apply for binary files?

Thank you!

No. Each time, new complete copy of a binary file is stored.

Update. Actually seems like I was partially wrong about this :-). TFS does stores deltas for binary files, but only if they are smaller then deltaMaxFileSize configuration value stored in web.config file which have default value of 16 Mb.