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Bistable devices, such as flip-flops and latches, have two stable states and can store one bit of information, making them essential for digital memory and data storage applications. They are commonly used in electronic circuits for data storage, state holding, and as building blocks in sequential logic systems like counters and registers. Additionally, bistable devices are utilized in applications requiring stable output states, such as toggle switches and control systems. Their ability to maintain a state without continuous power makes them critical in various computing and electronic designs.

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