Bistable Multivibrator using 555 Timer
As the name indicates, a bistable multivibrator has 2 stable states. It can be switched from one state to another by providing an external trigger. It can be used for storing a binary digit (bit) as it has 2 stable states (0 or 1). So it is commonly used in digital circuits, where it is named as Flip Flop or Latches. A bistable multivibrator can be easily constructed using the most popular and low cost 555 Timer IC.