How Does it Work ?
Without getting too technical ReRam works like this .... each Re-Ram chip is divided into a vast number of individual memory cells. Each of those memory cells has either a high resistive state or a low resistive state and hence these states can be used to story data a "0" or "1". All computer information today is stored as "Bits" or stored as "0" or "1". To change the resistive state of a memory cell you need to apply a change in Voltage.
IF you can imagine a "lattice" (Criss cross) of electrodes and a Memory cell at each intersection. To change the state from say "0" to "1" you just fire off a change involtage to only the two electrodes that correspond to that memory cell to change its resistive state.
Heres how the company describes it : "...Metal Oxide Hetero Junction Operation is a non-volatile memory where the storage cell can have a low resistance or a high resistance. Information is stored in the form of material resistance, which can be changed by an applied voltage..."
The diagram below shows a zoom in of a Single memory cell (in lighter blue) with the two electrodes above and below it.
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[Source: Company website]
How Does it Work ? Without getting too technical ReRam works...
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